A FSBO Condo 4 My Buyer

If you are NOT thinking about selling your Condo, but have a friend or neighbor with a similar Condo then please...

• Share This With Your Friend / Neighbor

Check out the Benefits below and learn why you might want to explore these options...

• Get a Fair Price

  GET A FAIR PRICE

  Mitch’s Buyers already share your love of the Area. And, like most Buyers, they just want a fair and reasonable purchase price for their new home… But, they also can appreciate the condition, charm, location and amenities that your home may offer that are atypical.
• Get Time

  GET TIME

  Many of Mitch’s Buyer are either leasing month to month or are looking to downsize from their current place. But, they want to find a new place first before they sell or move from their current home. So, unlike a buyer who has already sold their home or a Buyer that is relocating for a new job, many of Mitch’s Buyers can work with you, as the Seller, to give the the time you need to find, build and or close on your next place.
• Get A Cash Buyer

  GET A VERY FINANCIALLY STRONG BUYER

  With home prices raising quickly in today’s market, getting a mortgage approved because of an appraisal being to low can cause more stress for Seller’s than finding the Buyer themselves! Some of Mitch’s Buyer’s are cash buyers, Others are exceptionally strong buyers financially! This means that often times there are no contingencies based on financing. While many cash buyers may not even order an appraisal, even when they do, because they are strong buyers they can move forward with the purchase regardless of appraisal variances if they want to. That means that beyond the usual inspection there are virtually no roadblocks to getting to the closing table.  But, perhaps most importantly this means that once you are under contract, as the Seller, you can start to firm up your plans including writing a contract on your next place, scheduling movers etc., or just taking the next steps whatever those are without worrying if the deal will fall apart at the last minute because of mortgage related issues..
• Get Convenience

  GET CONVENIENCE

  While Mitch’s Buyers may need to tour the home a couple of times, before making a final decision, they understand the hassle of constant, never ending and last minute showings. By working with Mitch and his Buyers you have the very real possibility that your home could be sold with SHOWINGS TO ONLY ONE BUYER. And, in typical markets, unless you underprice your home's value so that it get’s snapped up the at the first showing that’s virtually unheard of in most markets..
• Get Even Greater Savings

  GET AN EVEN FURTHER REDUCTION OF REALTOR'S FEES

  Mitch will NOT act as a Listing Agent or Dual Agent, on your current home, with his Buyer. This means Mitch will not represent both a Seller and a Buyer on the SAME home at the SAME time

  But, Mitch would love to help you find a new place if selling your current home means that you will need to buy a new one. With Mitch as your Buyer’s Agent, on your new home, you will get a great Agent on your team and you can effectively further reduce the costs to sell your existing home! This savings occurs because when Mitch is your Buyer’s Agent on your next place, he will reduce the commission percentage you are paying him to represent the Buyers on your current home. The savings is an amount equal to 15% of the total commission Mitch will receive as your Buyer’s Agent on your NEW HOME! If your next home costs $200K that could be a savings of over $1,000. And there is not limit or cap so the greater the price of the next home the greater the savings! 

  As you can probably already tell Mitch is 100% committed to representing the interests of his clients and goes well beyond what typical REALTORS will do to help you find the perfect home!

See 'Your Three Options' to learn about possible next steps on ways to proceed.

If you want to find out about Next steps…. You always have options. The three most common scenarios are all listed below.

• FSBO (For Sale By Owner) Almost cut in half the typical commissions

  FSBO (For Sale By Owner) Almost cut in half the typical commissions

  You can represent yourself as the Seller and I will represent my Buyers. I understand that for many sellers self-representation is what they actually would prefer.

  If you choose this path, and your home is worth more than 300K, then you as the Sellers and I will execute FSBO Realtor Commission for homes that sell for 300K to 600K or  FSBO Realtor Commission for homes less than 300K.  This document is limited to this particular client and only this client. Should this Buyer purchase your home then you are agreeing to pay a brokerage fee to Keller Williams Realty Indianapolis.

  You and the Buyers will also sign a No Agency Doc when Mitch Represents Buyer Only that confirms that you, as the Seller, understand that I will ONLY be representing the Buyer in this transaction and that you, as the Seller, have declined to have your own representation.

  Although I will NOT be representing you as the Seller, working without the benefit of another agent on the other side of the transaction, means that I will be doing things to help insure that we get the sale closed that your own agent typically would handle. Because of this you will pay 4.22% (for homes over 500K) to  4.5%  to me to represent the Buyer. This means for homes over 500K you will save over $10,000 and for homes less than 500K you could save up to $15,000 in commissions depending of course on the sales price.

• Referral to another REALTOR and have lower than typical brokerage fees

  Referral to another REALTOR with lower than typical fees

  When a REALTOR agrees to List a property for sale the major steps in this process  typically include:

  1. 1. Helping you as the Seller price the property
     2. Marketing and showing the property to prospective Buyers
     3. Negotiating offers and counter-offers on the Seller’s behalf
     4. Managing the escrow process once you are under contract
     5. Accompanying you as the Seller to the closing.

  Because I may already have an interested Buyer, there is no need for a Listing Agent to complete step 2. Which is the most time consuming and costly part of the process. This means that I can typically refer you to a fellow REALTOR who will represent only your interests through a “One Time Listing Agreement” that covers the remaining steps.

  Since there are no costs associated with marketing the home, and a much lower amount of the Agent’s time is required the fees can be lower than the usual commission.  In this instance the fees will typically be only 4.22% (for homes over 500K) to 4.75% which would include the 3%-3.5% that you would pay to me as the Buyer’s Agent.  Similar to the FSBO option, the representation by the other REALTOR would only be limited to this particular Buyer.

• Select a REALTOR to List and Market the Condo as you typically would with typical brokerage fees

  Select a REALTOR to List and Market the Property as you typically would

  This options allows you to interview and negotiate with REALTORS that you may already have a relationship with. It’s 100% your decision if you decide to just list the property in the BLC/MLS as you normally would or if you instead do a 1 time listing specific to my buyer. Once you have identified what REALTOR you will be working with just have them contact Mitch directly.  

If you are NOT thinking about selling your Condo, but have a friend or neighbor with a similar Condo then please...

• Share This With Your Friend / Neighbor

Click on the 'Benefits To You' to learn why you might want to explore this approach and explore 'Your Three Options' to learn about the possible next steps and ways to proceed.