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Why do you list homes for such
a cheap fixed rate? |
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Here at
NorthernUtahHomes.com, we have come to realize over the
years that every circumstance is different.
We
listened to our clients and came up with solutions that would accommodate
all types of clients. The
reality is that the internet has drastically
changed the way that buyers and sellers find each
other. Technology has made finding a home to
buy simple for buyers. So we decided to
create a system for marketing a home that was also simple
for sellers.
Anymore, the most important part of selling a home
is having the right exposure. Our philosophy is
that, if we can plug your home into our system and work together in getting buyers through your
home, then getting your home sold is just a
natural effect of teamwork. And if the role
of selling your home is shared, we believe the
profits should be also! |
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What do I get for
$500 up front and 1% when it sells? |
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The $500
up front marketing fee gives you a vast array of
tools to advertise your home where it matters
most. This plan was specifically designed to
maximize the exposure, minimize the expense and
deliver proven results to our clients.
Additionally, you get the valuable support of a
full time, experienced real estate team to ensure
that your home sells in a timely manner and for
the most amount of money possible.
When
your home sells under the Pro 500 Plan, we only
charge a 1% escrow processing fee. This
covers our services from the point a buyer makes
an offer to the point when you receive your check
at closing. We handle every step of the
process and keep you fully informed every step of
the way. To see a full list of all the
features and benefits that come with the Pro 500
Plan,
click here. |
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Will my home be on UtahRealEstate.com? |
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Yes,
your home will be on UtahRealEstate.com which is
the #1 website of choice for Utahns looking for a
home to purchase. Additionally, your home
will be listed on all of the major real estate
major websites that feed from postings to the MLS
such as Zillow.com, HGTV.com, Realtor.com and
countless others. |
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Do I have to offer a commission to
the buyer's agents? |
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Yes. A
"buyer agent's commission" is a fee paid to a
buyer's agent who has contracted with a buyer to
help them find a home. All homes listed
through the Realtor network (MLS) offer a
commission to an agent who's client purchases that
listing. In fact, it is a requirement of the
Wasatch Front Multiple Listing Service (MLS) that
any property that is advertised through their
database offer a "BAC" (buyer agent commission).
Most listings offer between 2.5 to 3.5 percent of
the sales price. However, if the buyer who
purchases your home is not working with an agent,
you will not have to pay a buyer's agent commission. |
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How
do I know if my home is priced right? |
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When a
home is priced right, you should have an average of
1-3 showings per week. With this type of
healthy activity, it is common to expect the home
to sell within 2-6 weeks. If you are
experiencing less showings than this, it is likely
that your home is overpriced. Our suggestion
is that you allow at least 2-4 weeks in-between
price reductions (typically in 5% increments) to
accurately gauge the activity
and make adjustments. |
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If the buyer doesn't have an agent, who will help
them? |
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As part
of being our client, we will help any buyer who is
interested in purchasing your property at no
additional charge to you. The buyer will be
separately responsible for a small transaction
management fee of 1% which they can pay upfront or
at closing - a savings for them of 2% that they
would have to pay in a higher sales price by using
another agent. |
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If
I find the buyer, do I have to pay a buyer
agent commission? |
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If one
of the buyers that we are representing chooses to
purchase your listing, you will not be responsible
to pay any additional fees aside from the plan
chosen for marketing your home. The buyer
however, will be responsible for compensating our
company in the amount of 1% of the purchase price. |
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What happens if I cancel my listing? |
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As our
client, if for whatever reason you choose to
cancel or withdraw your listing, you will not be
responsible for paying any additional fees or
commissions to our company. |
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If the buyer wants me to pay closing costs, do I have to? |
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No.
As
a seller you may elect to pay or not pay for the
buyer's closing costs. However, paying for closing costs does not always equal losing
equity. Often, if a buyer is requesting for
the seller to pay closing costs, it is because
they would rather not have to come up with those
funds at closing. So typically how we
resolve this issue is by increasing the sales
price of the home and making the concession to the
buyer. This way it becomes a win-win
situation for both parties. First, the buyer
can get their closing costs rolled into their loan
and secondly, as the seller, you still net what you need. |
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Can I make the sale of my house
contingent on finding another one? |
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Yes.
However, most buyers are looking for a sure thing
and do not want to waste their time on a deal that
has a contingency such as this. Having a
contingency will push buyers away and make your
home less attractive. It is not impossible
to sell your home with this contingency, but it
will greatly reduce the pool of Buyers willing to
enter into a contract with you. |
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Should I be
present when my house is being shown? |
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Up to
you. Often buyers are reluctant to spend a
lot of time viewing a home when the sellers are
present. Buyers also talk less with each
other or their agent because they are worried
about saying something that may offend the seller.
If the Buyers are accompanied by an agent, it is
best to vacate the premises and allow them the
space and privacy they need to come to their
decision. If the Buyers do not have an
agent, you will need to remain on hand to answer
any questions they may have and to safeguard your
belongings. You might also consider
upgrading to our PLUS or GOLD plan to avoid having
these issues and allow us to showcase your home
and it's selling points. |
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