The only 1% Listing Broker on Lake Sinclair
· Apples to Apples, Why Pay More?
You wouldn't pay more than you had to for gasoline, groceries, or insurance, would you? Then why, on one of the largest financial transactions in a lifetime are some sellers willing to shell out more than they have to in commissions upon the sale of their Lake Sinclair Property?
- About Real Estate Commissions
While there is no 'standard' rate of commission on Lake Sinclair real estate (all brokerages are free to set their own rates), a common rate in our area is known as 'six and three,' referring to 6% total commission: 3% to listing broker & 3% to selling broker. With today's skyrocketing house prices, we believe this is unfair to the Seller. We provide the same services as the other brokerages, including full MLS service, advertising, digital photography, Internet marketing, brochures, realty signs, info boxes, and more. The selling agent is still the most important link to finalizing your sale and he or she earns their commission, but simply listing a property does not produce a sale. Our rate is 1% to listing broker & 3% to selling broker; putting more money in your pocket at closing and still compensating the agent who makes the sale.
· Our Philosophy
It’s important to us that we share with you why we have chosen to do business this way. Do you know that commission fees are usually fully paid by the home seller? Don’t you think this is a high price to pay? We do, but this tends to be “common” practice within the real estate community! At Chuck Thompson Realty we believe that just because this is how things have always been done doesn’t mean it’s the only way to do business. Today most buyers of Georgia Lake front property shop first on the Internet, and Internet marketing costs a fraction of traditional newspaper and magazine advertising. In 2005, over 90% of my home sales began with buyers searching the Internet, and with good reason: up to 30 full color photos of each property, maps and driving directions, and detailed information about the home and property. We choose to pass this savings to the seller by reducing the listing commission to 1%. It can also give you more room to negotiate and that means a faster sale.
· What it Means at the Closing
Selling Price Common 6% ChuckThompsonRealty Additional Money
Commission 4% Commission to Seller at Closing
$200,000 $ 12,000 $ 8,000 $ 4,000
$400,000 $ 24,000 $ 16,000 $ 8,000
$600,000 $ 36,000 $ 24,000 $12,000
· Selling Advantage
Above and beyond our competitors:
1) Listing on LakeSinclairProperties.com - 86,000 page views May-September, 2007
2) Additional listing on Lakehouse.com - Projected 7,000,000 million visitors 2008
3) Builders - Pay only 1% total commission if you bring the buyer
4) Comparable Market Analysis + Competitive Properties Anaysis + Lower Commision
5) Customized "For Sale" signs at the street and lakeside with Address and Price to make it easy for buyers to get the information they want
6) 90 Day listings - We don't need 6 months or a year to prove our value
· Let's Get Started....not on a listing, but a marketing campaign, a Selling Advantage
Call us today, (478) 968 7575