Comments on: Less Is More – Really http://americaschoice.wordpress.com/2008/05/05/less-is-more-really/ Jed Carrol, Esq, MBA CEO of America's Choice & 2.5% Real Estate Direct Sun, 22 Nov 2009 22:53:56 +0000 http://wordpress.com/ hourly 1 By: jed carrol http://americaschoice.wordpress.com/2008/05/05/less-is-more-really/#comment-18 jed carrol Wed, 07 May 2008 16:51:19 +0000 http://americaschoice.wordpress.com/?p=18#comment-18 Good morning Lisa. Thank you for your comments. I will answer your inquiries point by point. We are called 2.5% Real Estate Direct because when we list a home, pay for all the advertising, conduct all the showings and include the home in the MLS we charge 2.5% commission upon the sale. We do have a wonderful program for America's Choice customers where we charge only 1%. We can do this because the America's Choice customer is paying for the advertising and conducting the showings. We include the home in the MLS, receive the phone calls or emails, negotiate on behalf of the seller, facilitate the contract paperwork and perform duties typical of a real estate agent. Only upon procuring a buyer from the MLS or from our efforts will we charge the 1% at the closing. We sell most of our homes for 2.5% when we take on the entire burden or 1% when we list an America's Choice customer. Your comment "Of course if I want any chance of an agent showing my house I have to offer 3% to buyers agent..." is not true at all. Don't let anyone tell you otherwise For our sellers who want buyers agents to show their home our programs allow a seller to offer any amount they choose. Buyers agents have shown our homes for 1%, 1/2%, 1.5%, 2%, 2.5%, 3%, 3.5% and 4%. Remember, today buyers through the Internet have complete access to the America's Choice homes and the MLS listed homes. Buyers know all the homes which are available. A buyers agent has no ability to steer a buyer away from your home. The buyer will simply call another agent or contact the listing agent. Just last night we completed a sale for a homeowner who had been previously listed unsuccessfully with a traditional 6% real estate brokerage. This homeowner during the 6% listing agreement was offering 3% to buyers agents. After expiring he decided to list with us. We sold it last night and, interestingly enough, the buyers agent accepted 1.5% commission. What is more, the buyers agent was from the same brokerage that had him originally listed at 6%. So by coming to us he sold at just about his asking price for so much less. 8330 Ascot Circle sold last week for $382,000 with the buyers agent getting 2%. We sold a lakefront house on Seneca Lake for $515,000 with the buyers agent getting 1%. As I wrote in this article, the entire real estate market has changed. Don't let anyone tell you that you must offer 3% to buyers agents. Have a great day Lisa and thank you again for your comment. Good morning Lisa. Thank you for your comments. I will answer your inquiries point by point. We are called 2.5% Real Estate Direct because when we list a home, pay for all the advertising, conduct all the showings and include the home in the MLS we charge 2.5% commission upon the sale. We do have a wonderful program for America’s Choice customers where we charge only 1%. We can do this because the America’s Choice customer is paying for the advertising and conducting the showings. We include the home in the MLS, receive the phone calls or emails, negotiate on behalf of the seller, facilitate the contract paperwork and perform duties typical of a real estate agent. Only upon procuring a buyer from the MLS or from our efforts will we charge the 1% at the closing.

We sell most of our homes for 2.5% when we take on the entire burden or 1% when we list an America’s Choice customer.

Your comment “Of course if I want any chance of an agent showing my house I have to offer 3% to buyers agent…” is not true at all. Don’t let anyone tell you otherwise

For our sellers who want buyers agents to show their home our programs allow a seller to offer any amount they choose. Buyers agents have shown our homes for 1%, 1/2%, 1.5%, 2%, 2.5%, 3%, 3.5% and 4%.

Remember, today buyers through the Internet have complete access to the America’s Choice homes and the MLS listed homes. Buyers know all the homes which are available. A buyers agent has no ability to steer a buyer away from your home. The buyer will simply call another agent or contact the listing agent.

Just last night we completed a sale for a homeowner who had been previously listed unsuccessfully with a traditional 6% real estate brokerage. This homeowner during the 6% listing agreement was offering 3% to buyers agents. After expiring he decided to list with us. We sold it last night and, interestingly enough, the buyers agent accepted 1.5% commission. What is more, the buyers agent was from the same brokerage that had him originally listed at 6%. So by coming to us he sold at just about his asking price for so much less. 8330 Ascot Circle sold last week for $382,000 with the buyers agent getting 2%. We sold a lakefront house on Seneca Lake for $515,000 with the buyers agent getting 1%.

As I wrote in this article, the entire real estate market has changed. Don’t let anyone tell you that you must offer 3% to buyers agents.

Have a great day Lisa and thank you again for your comment.

]]> By: Lisa http://americaschoice.wordpress.com/2008/05/05/less-is-more-really/#comment-17 Lisa Tue, 06 May 2008 21:48:21 +0000 http://americaschoice.wordpress.com/?p=18#comment-17 Why are you called 2.5% real estate direct? I thought you charged 1% for listing in the MLS. Of course if I want any chance of an agent showing my house I have to offer 3% to a buyers agent - which adds to 4%. So do you charge 2.5% or 1%? Why are you called 2.5% real estate direct? I thought you charged 1% for listing in the MLS. Of course if I want any chance of an agent showing my house I have to offer 3% to a buyers agent – which adds to 4%. So do you charge 2.5% or 1%?

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