GET A VERY FINANCIALLY STRONG BUYER
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!
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 ToHelpUmove 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.
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- Helping you as the Seller price the property
- Marketing and showing the property to prospective Buyers
- Negotiating offers and counter-offers on the Seller’s behalf
- Managing the escrow process once you are under contract
- 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.