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Frequently Asked Questions |
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What is Multiple Listing Service? |
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It's a HUGE database of homes that most real estate agents use to both
sell and find properties for their clients.
The MLS is not available to the general
public. You need a licensed real
estate broker in order to list your property
on MLS. The MLS offers you the
greatest marketing exposure available.
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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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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Is the MLS going to sell my home? |
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Yes. If you are serious about selling,
listing your home on MLS is crucial.
Real estate agents uses the MLS to search
for homes for their buyers.
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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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If an agents sells my home do I pay a real
estate commission? |
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Yes. You will pay an agent 2.5-2.7%.
You will determine the amount when you fill
out the listing paperwork. The
commission is not negotiable once the
listing has been posted on the MLS. |
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How can the Flat Fee service help you sell
more quickly? |
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Since you will be virtually eliminating the
listing agent commission you will be able to
offer your house at a lower, more
competitive price. This will allow
your property to stand out from the
competition. |
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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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