Our Flat Fee and Discount Commission structure for Residential Home Sales
First you need to know:
Many traditional agents are charging up to 7%
The Listing Agent can split the 7% with a Buyers Agent if one is involved similar to this example:
The Listing Agent receives 4%
The Buyers Agent receives 3%
If there is no Buyers Agent involved the Listing Agent can receive the entire 7%
Commissions are Negotiable and Not Set By Law
Option A: Limited Service Listing (For Sale With Owner)
Administration Fee Payable at Listing: $495.00 MLS: Included Several Major Websites: IncludedAdditional Services Available Monthly Management and Print Ad Fee: $70 Price, Terms or Picture Change: $25 Comparative Market Analysis(CMA):$75 Transaction Coordination Fee: $795 Closing Assistance Fee: $795 Additional cost only if seller elects to accept an offer from a Buyers Agent 3% of sales price, OR 1% if the Listing Agent shows & sells OR Seller requests additional services listed above. Option A: This options is for a Seller that has enough knowledge to handle all the details of showing and selling themselves, as well as, of the Transaction Coordination and Closing. Your Potential Savings $100,000 House $6,505 $200,000 House$ 13,505 $300,000 House $20,505 Option B: Full Service Listing Administration Fee Payable at Listing: $495.00 Grand Rapids MLS: Included Several Major Websites: Included Monthly Management and Print Ad Fee: $70 Price, Terms, Picture Change: Included CMA: Included Transaction Coordination: Included Closing Fee: 1%
Additional cost only if Seller elects to accept an offer from a Buyers Agent 3% OR 1% if the Listing Agent shows & sells. Option B, If Seller shows and sells property, Seller does not pay Buyers Agent 3% or the Listing Agent show & sell fee of 1%. Listing Agent will represent the Seller's best interest, pre-approve Buyers, present all offers, and handle the paperwork, negotiations and details through closing. After initial CMA Seller may receive additional CMA's, 1X per month for only $25.
Your Potential Savings
$100,000 House $5,085
$200,000 House$11,085
$300,000 House$14,085
Option C: Full Service Listing Administration Fee Payable at Listing: 0 Grand Rapids MLS: Included Several Major Websites: Included Monthly Management and Print Ad Fee: $70 Price, Terms, Picture Change: Included CMA: Included Transaction Coordination: Included Closing Fee: 2% Additional cost only if Seller elects to accept an offer from a Buyers Agent 3% OR 1% if the Listing Agent shows & sells. Option C: Same as Option B, however there is less money collected at the time of listing and 1% more collected at closing.
Potential Savings
$100,000 House $4,580
$200,000 House $9,580
$300,000 House $14,580
Our Full Service Listings Receive:
- Exposure on Several Major Websites
- Full Service Web Listing
- Comparative Market Analysis (CMA)
- Sellers Net Sheet
- Complete Photo Shoot
- Helpful Hints to Prepare the Home
- Multiple Listing Service
- Preliminary Title Report
- Open House Worksheets
- Well and Septic Systems Records
- 24 hour Property Information Hot Line
- Signs-Yard, directional and open house
Closing Plan includes:
- A Licensed Realtor in the State of Michigan
- Represent you as a Seller
- Writing the Offer
- Calculate a Net Sheet
- Handle Negotiations-(in our Clients Best Interest)
- Direct Seller in how to handle inspections
- Prepare and Handle all Paperwork and Addendums
- Coordinate the Closing
Marketing Package includes:
- Weekly Exposure in the Reminder
- Every Issue of the Todays Home Magazine
- Unlimited Price, Terms, Picture Change
- Handle all inquiries including 24 hour Property Information Hot Line
- We help you save the 3% selling fee by directing the buyers to you
- Follow Up after the Buyer previews your home
- Weekly Reports on how many times your property was viewed online
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