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Does
the sponsoring agent work with sellers?
Answer: ABSOLUTELY!
Our sponsoring agent provides limited
& full-service
brokerage services for sellers. If you demand
more than just a sign in your
front yard, call 303-520-3179.
How much
is my home is worth?
Answer: CALL ME!
Our sponsoring agent can prepare a FREE
comprehensive Comparative Market Analysis (CMA) using the same technique
as appraisers. This analysis will assist you in determining the correct
price for your home based on current market conditions such as the
competition of similar homes in your community.
Our sponsoring agent will also conduct a
thorough review of home sales for the past year or so to compare market
times and selling prices.
How is the
listing or asking price determined?
Answer: YOU DO!
Sellers (although they
may not realize it) are in total control of setting the listing price.
Your real estate agent is responsible to researching the
neighborhood comparable sales and evaluating the current
local real estate market to determine
and suggest a fair asking price. If the seller doesn't agree, then
it would be wise to map out a multi-phased "price correction" timeline that
will eventually sell the home or in some cases, just decide that now
is the right time to sell your home because current market conditions are
not ideal for the price you are willing to sell for. It's important
to note that Real Estate Agents & Realtors do not determine the
price - buyers do.
How much does a real estate agent charge to
sell a home?
Answer: NEGOTIABLE
All real estate sales
commission rates are negotiable! Although fees vary from agent to
agent and can range anywhere from 4-8% of the sales price. The sales
commission rates are not set in stone and are negotiable depending on the
specific level of marketing services an agent will provide. It's
important to note that whatever fee you negotiate with your agent is split
with the cooperating ("co-op") broker who represents the buyer. You
need to ask questions and do not be afraid to inquire about fee scheduled
and services offered. Our sponsoring
agent understands how important it is to keep as much of your equity
and is willing to earn your business, just call 303-520-3179.
What the heck is a sales
"co-op"?
Answer:
FEES PAID TO A REAL
ESTATE AGENT.
The term "co-op" = the fee or percentage of the sale of a home that is
offered as compensation to the cooperating real estate broker who helps
sell your house.
For example, the listing agent (the agent who is selling your house)
offers a % of sales commission (see above) to the cooperating agent who
can locate a buyer for your home. In the Denver area, a co-op of
2.8% is typical. So if your real estate agent accepts the listing
for 6%, he/she agrees to pay 2.5% to the buyers agent. The reason we
mention this is because most sellers believe the listing agent earns the
entire amount and we felt the need to dispel this myth.
What are
"discounted" or "limited services"?
Answer: IT DEPENDS WHO YOU
ASK.
The term "discounted" or
"limited service" can range from hiring an agent to put your home in the
MLS and nothing more. Some agents will only market your home
independently by placing a sign in the front yard with no additional
exposure. You really need to interview an agent face-to-face to
fully understand what the fee structures are. In today's
ultra-competitive real estate market, you really need an experienced
Realtor who is willing to offer full brokerage services at the best
possible rate so it's a win-win relationship.
Our sponsoring agent has a personal belief that everyone
deserves Nordstrom-level service...it's just the way he conducts his business.
While sales commissions are negotiable, his work ethic is not. if
you would like top discuss your listing options, call Anthony at
303-520-3179.
Are there any
up-front or hidden fees to sell
my home?
Answer: ABSOLUTELY NOT!
For better or worse, real
estate agents are not paid unless they successfully get to closing.
This is great for the seller, because (unless otherwise negotiated in
writing) you are not obligated to pay your Realtor for any of their time,
materials or advertising expenses unless they sell your home. Most
sellers have no idea that this is a huge risk for agents to take on -
especially in a down real estate market - but it's the price your agent
takes to be in this business.
Who will
show your home to prospective buyers?
Answer:
Most real estate agents cooperate with
other real
estate professionals. Agents from Metro Brokers, Re/Max, Coldwell Bankers,
Keller Williams and other offices frequently show and
sell sell each other's listings ("co-op"
is explained above). Your real estate agent should has showing
coordinators who schedule showings 7-days a week.
If I call or e-mail the sponsoring real estate
agent, will I be pressured?
Answer: ABSOLUTELY NOT.
Like you, we despise high-pressure sales people and tactics. You have our assurance that
the sponsoring real estate agent/broker will never pressure or obligate you to do
anything. This website is solely intended to provide real estate advice.
OUR Sponsoring Realtor subscribes to a strict
code of ethics.
Who can I
call with questions?
Answer: There's no such thing!
The fact is, when it comes to real estate (or life in general)
there are
no stupid questions. Realtors are not here to judge anyone - we
are here to help people understand the various aspects of a real
estate transaction and make them feel comfortable with the process. Since
buying & selling a home involves one of the biggest financial investments
you will ever make, it's absolutely essential that you feel comfortable
asking anything. If you have questions or just want to
bounce ideas off someone, contact our sponsoring agent to meet for coffee or you can
just call Anthony at
303-520-3179.
THINKING OF BUYING A HOME?
Read our Buyers Frequently Asked Questions
Does the sponsoring
agent work with buyers?
How much does it cost
to help me find a home?
How much does it cost to
buy a home?
I would like to
preview a home for sale, who can I call?
Can you help me buy a new
home from a builder?
Where can I
get advice on buying a home?
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Relocating to Colorado &
The Benefits of Owning a Home
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THE BENEFITS OF OWNING A HOME
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