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Frequently Asked Questions |
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What is Multiple Listing Service? |
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It is the largest database of homes for sale
in the world. Most real estate agents use
the MLS to
sell and locate properties for their
clients. The MLS is not available to
the general public. You need a
licensed real estate broker to list your
property on MLS.
When you list your home on MLS it will also
appear on thousands of websites including:
RealEstate.com, ReMax.com, Realtor.com,
JohnLScott.com.... |
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Is the MLS going to sell my home? |
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Yes. The MLS is the most powerful
marketing tool available today. All
real estate agents use the MLS to locate
properties to show their buyers.
Nearly every buyer will search for
properties listed on the MLS. |
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If I sell my home 'by owner' will I pay a
real estate commission? |
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No. If you sell your home to an
unrepresented buyer you only pay the initial
flat fee. |
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Will agents want to show my house? |
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Buyer's agents will want to
show your home because the
Flat Fee Listing
ensures that they will get
paid if they bring you a buyer. You
decide how much commission to offer the
buyer's agent (2.5-2.7% standard). |
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How many buyers use real estate agents? |
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Over 80% of buyers use agents to help find
properties. Agents generally only work
with pre-qualified, motivated buyers. |
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Does the Listing only cost $275? |
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Yes.
You will only pay us (the
listing agent) a small fee of $275 (rather
than the standard listing fee of 2.5-3%).
If you sell your home to a buyer who is not
working with a Realtor, you pay Nothing but
our
flat fee. |
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Will my listing look different than other
listings? |
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No. It will appear exactly the same as
any other listing with a "full commission"
realtor. |
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Will my phone number be on the listing? |
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Yes. It will be the primary contact
method for real estate agents to setup
showings. Buyer's (general public)
will not see your contact information (MLS
Regulations). MLS prevents
contact information being used in the
listing description. |
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How long does it take to get my house listed
on MLS? |
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We can generally list your property within
1-2 business days. |
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How long does it take to get the sign &
lockbox? |
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The sign is generally installed within 5
business days. * Optional: The lockbox can either
be mailed or picked up. |
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Who does the sale paperwork? |
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That is optional. You can do it or we
can take care of it for 1% of the final
sales price. If you choose to have us
help you, we will handle the negotiations,
escrow, paperwork and professional advice. |
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Can I make changes to my listing after it's
active? |
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Yes. Just email us with the changes
you'd like done. |
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