| |
- Will Buyer's broker's
show my home for the 2% or skip over me?
- What is the MLS?
- Is it true that Realtors
using the Multiple Listing Service (MLS) sell most houses and
that they usually sell for a higher price?
- How long does it take
to be listed on the MLS?
- Will my listing look the
same as those who have agreed to pay a full listing commission
to a traditional agent?
- Will my listing look the
same as those who have agreed to pay a full listing commission
to a traditional agent?
- How will I know if my
property is listed with all of the correct information?
- What areas do you serve?
- Is the MLS really going
to help me sell my home?
- What if I sell the house
on my own?
- If SaveMore Realty brings
me a buyer and sells my home, will I owe a commission?
- If I find a buyer on
my own, how much deposit should I ask for?
- When a potential buyer
calls, is there anything in particular that I should ask them
before showing my home to them?
- What is a final walk-through?
- Should I be concerned
about lead-based paint?
- Should I be concerned
about radon gas?
- Will you conduct open
houses?
- Will my property be
listed on the internet?
- Who will do all of the
paperwork involved in the sale of my home?
- Why should I use a flat
rate MLS listing program like yours rather than just selling for
sale by owner?
- Will other Agents try
to sell my house too?
-
How do potential Buyers and Buyer agents get in touch with me?
-
How
can you sell this service at such a low price?
|
|
| |
|
|
| |
|
|
| |
|
|
| |
Q. Will Buyer's
broker's show my home for the 2% or skip over me? |
|
| |
Ask yourself, if I were a broker
who had a ready able and willing buyer for a property selling say
at $300,00 and able to earn $6,000 for showing the property would
I show it or skip it for one paying 2.5% commission? No two properties
are the same so they could get nothing by avoiding you. It really
is a no brainier. REMEMBER most listings available to show
are normally paying to the selling broker 2-3% (this is the selling
commission side) If someone tells you different, consider the source.
All commission rates are negotiable there is no set commission rate.
It's the law |
|
| |
Top |
|
| |
|
|
| |
|
|
| |
Q. What is the
MLS? |
|
| |
As part of the National Association
of Realtors®, your local Realtors’ association is an organization
designed to assist real estate agents from many different companies
in cooperating with one another, to establish guidelines for service
and ethical issues, and to strive to make the real estate community
more professional. It also oversees the MLS computer system - the
source that agents turn to first and foremost to find properties for
their buyers.
The MLS (Multiple Listing Service) is an extensive database of information.
It is through the MLS that most residential real estate deals are
consummated. As real estate professionals, we have agreed to exchange
information about properties for sale in order to help sell homes
for the best price possible and in the least amount of time. We pay
an annual fee to the Realtors’ association for the right to
publish information about your home in the MLS computer system and
agree that our sellers will pay a commission to any licensed real
estate agent that brings the buyer for their home.
Maximum exposure is the key to a successful real estate transaction
and this crucial maximum exposure is gained through a listing on the
MLS. Remember, if you list your home on the MLS with SaveMore Realty,
you will never pay a listing commission! The only time you would pay
a commission would be to a buyer's agent that brings you a qualified
buyer that executes the transaction by buying your home. |
|
| |
Top |
|
| |
|
|
| |
Q.How
can you sell this service at such a low price? |
|
| |
You doing some of the
work online coupled with our low overhead we can afford to pass the
savings onto you. You in turn pass us on via word of mouth to
new customers that want to save as you have. |
|
| |
|
|
| |
Top |
|
| |
|
|
| |
|
|
| |
Q. Is it true
that Realtors using the Multiple Listing Service (MLS) sell most houses
and that they usually sell for a higher price? |
|
| |
Yes, it's true on both accounts.
According to the National Association of Realtors, approximately 80%
of all U.S. homes are sold through Realtors using the MLS and homes
listed on the MLS average net proceeds of 7% higher than homes sold
for sale by owner.
|
|
| |
Top |
|
| |
|
|
| |
|
|
| |
Q. How long does
it take to be listed on the MLS? |
|
| |
During the normal business week
(Monday - Friday) and after you have returned the paperwork it usually takes 24 hours to be listed on
the MLS. |
|
| |
Top |
|
| |
|
|
| |
|
|
| |
Q. Will my listing
look the same as those who have agreed to pay a full listing commission
to a traditional agent? |
|
| |
Yes. Your listing will look like
all the other listings on the local MLS. |
|
| |
Top |
|
| |
|
|
| |
Q. How will I
know if my property is listed with all of the correct information? |
|
| |
You will receive a copy of your MLS
listing and you may make any changes you like, provided the changes
are acceptable to the rules and regulations of your local MLS and
Board of Realtors. |
|
| |
Top |
|
| |
|
|
| |
|
|
| |
Q. What areas
do you serve? |
|
| |
Currently we list homes on the MLS
in All Of Massachusetts except the Berkshires. |
|
| |
Top |
|
| |
|
|
| |
Q. Is the MLS
really going to help me sell my home? |
|
| |
Listing your home on the MLS is
crucial if you are serious about selling! As previously mentioned,
up to 80% of all U.S. homebuyers use the services of a real estate
agent. Their real estate agents use the MLS to search for homes on
the market. Not only does the MLS provide a central location to advertise
homes for sale to local agents, it communicates to them that the seller
is willing to pay a commission to the buyers’ agent. Thus, listing
your home on the MLS serves to motivate real estate agents to show
your home and to work hard to sell your home to their buyers. Surveys
show that other methods of producing buyers and advertising are far
less effective and rarely deliver satisfactory results . |
|
| |
Top |
|
| |
|
|
| |
|
|
| |
Q. What if I
sell the house on my own? |
|
| |
When you list your home through
SaveMore Realty d/b/a MassforSalebyOwner.com you maintain the right to sell your home on your own. If you
find your own buyer, you will not be obligated to pay a commission
on the sale. |
|
| |
Top |
|
| |
|
|
| |
|
|
| |
Q. If
MassforSalebyOwner brings me a buyer and that person buys my home, will I owe a commission? |
|
| |
NO, we do not compete with
you the owner any leads that come in via Realtor.com, Boston.com or
our website we send to you.. |
|
| |
Top |
|
| |
|
|
| |
|
|
| |
Q. If I find
a buyer on my own, how much deposit should I ask for? |
|
| |
We recommend that earnest money deposits
(also known as good faith deposits) be no less than 5% of the sale
price. The larger the deposit, the more qualified and serious your
buyer is and this helps to justify taking your house off the market.
|
|
| |
Top |
|
| |
|
|
| |
|
|
| |
Q. When a potential
buyer calls, is there anything in particular that I should ask them
before showing my home to them? |
|
| |
It’s always a good idea to get the
buyer’s name and phone number. Potential buyers tend to show up
for the appointment more often when they know you have their phone
number. Be sure to ask if they are represented by and agent so
that you don't negotiate a price only to find out later that you will
have to pay the buyer agent commission promised in your MLS listing. Be sure to ask about their financing arrangements before
you agree to show your home. Showing your home to financially
unqualified buyers can be a waste of time.
|
|
| |
Top |
|
| |
|
|
| |
|
|
| |
Q. What is a
final walk-through? |
|
| |
Your buyer will have a final walk-through
of the property just prior to the closing (either the day before or
the day of closing). This is to ensure that the property is in the
same condition that it was in when the buyer placed it under contract
and to make sure that all conditions specified within the contract
are met before the closing takes place. |
|
| |
Top |
|
| |
|
|
| |
|
|
| |
Q. Should I be
concerned about lead-based paint? |
|
| |
If your home was built before 1978,
you are required by law to provide your buyer with a lead-based paint
disclosure, along with the EPA pamphlet entitled, "Protect Your
Family From Lead In Your Home". This is provided after listing
with us via email to you. (for sellers with homes built before 1978). |
|
| |
Top |
|
| |
|
|
| |
|
|
| |
Q. Should I be
concerned about radon gas? |
|
| |
Radon is a naturally occurring, radioactive
gas. It is impossible to detect radon without testing for it. For
questions concerning radon, call the EPA's National Radon Hotline
toll-free at 978- 821-9667-767-7236. |
|
| |
Top |
|
| |
|
|
| |
|
|
| |
Q. Will you conduct
open houses? |
|
| |
You may hold an open house of your
own, if you so desire. However, we do not hold open houses. Open
houses are good to hold however as it gives agent a way to get their
clients in your home if they are busy elsewhere. |
|
| |
Top |
|
| |
|
|
| |
|
|
| |
Q. Will my property
be listed on the internet? |
|
| |
Yes. Your property will be listed
on www.realtor.com, www.homes.com and other real estate websites.
These internet listings will give you national exposure to out-of-state
home buyers. Since hundreds of people move to Massachusetts daily,
this exposure can be a vital component in selling your home quickly
and for the best price. The independent websites, realtor.com will
obtain your listing directly from the MLS. Keep in mind that they
pick up whatever they wish from your MLS listing to publish on their
websites. Thus, we have no control over these independent websites
and we cannot change or edit their content. |
|
| |
Top |
|
| |
|
|
| |
|
|
| |
Q. Who will do
all of the paperwork involved in the sale of my home? |
|
| |
The buyer agent will fill out the
all important offer and present it to you. From there you should
run it by your attorney. |
|
| |
Top |
|
| |
|
|
| |
|
|
| |
Q. Why should
I use a flat rate MLS listing program like yours rather than just
selling for sale by owner? |
|
| |
Flat rate MLS services provide far
greater exposure than traditional for sale by owner (FSBO) marketing
and advertising efforts. Relying on the traditional marketing and
advertising associated with a FSBO plan (newspaper ads, unprofessional
yard sign, open houses, fliers, word of mouth, etc.) is limiting,
at best. Also, advertising your home for sale in the newspaper can
become an expensive proposition. In most cases, real estate companies
run newspaper ads to attract new buyers and new listings, more than
to sell any home in particular. Ultimately you may find that most
qualified buyers want or need the assistance of real estate brokers
and agents. Thus, your property will be exposed to more qualified
buyers through the MLS network accessed by Realtors. Also, agents
and brokers will feel more comfortable dealing with you knowing that
their commissions are protected. Qualified buyers are those who have
both a real motivation to buy and the financial ability to buy. The
truly professional real estate agent will ensure that their buyers
are pre-approved for financing before showing them homes in their
area. Also, having a real estate professional accompany a potential
buyer to your home may add a measure of safety for your family. You
will not have to be alone with a stranger in your house who simply
states that they are a buyer. |
|
| |
Top |
|
| |
|
|
| |
|
|
| |
Q. Will other
Agents try to sell my house too? |
|
| |
Yes! When you list in MLS you offer
to pay the agency that brings you the buyer at what ever co-broke
percentage you offer in your MLS listing. This is the same procedure
by which buyers brokers get compensated via an offer by another agency.
In fact the percentage they get paid is often not more than 2%. The
other 4% the listing agency keeps. When you list with us you save
that 4%! Your MLS Listing is as attractive as any other agency listing. |
|
| |
Top |
|
| |
|
|
| |
Q.
How do potential Buyers and Buyer agents get in touch with me? |
|
| |
Go to the home page, click on "contact owner" scroll to your listing and
click on "more details" after which please note the address bar it
will show your unique URL address. You can now run your
newspaper ad to include your URL address. When a person types into
their browser your URL address they will be taken directly to the
webpage created especially for your property. The information
will include your contact information i.e. your address,phone and email. |
|
| |
Top
|
|
