Sellers: don’t price with the expectation of an increasing market Recently, the market has mellowed as buyers retract. Home sales have continued to decrease for over 5 months as a result, leaving many real estate listings overpriced. Buyers don’t see the same value as sellers these days which is causing properties to sit for longer, showing longer days on market…
How to work with a buyer’s agent when you’re listing on a flat fee MLS service
When speaking with buyer’s agents as a flat fee listed seller, be respectful of them but at the same time do not take any crap from them either. If they are disrespectful throw them out of your home! If they attempt to bully or pressure you into a deal that is not at your terms smile and act like they…
Home Buyers Feedback Can Be a Double-Edged Sword
Self-represented sellers on GetMoreOffers should always carefully weigh what they say to buyers’ agents. This includes whenever the seller is soliciting feedback which may or may not prove helpful. You can’t always trust that negative feedback reflects the real reasons buyers don’t make offers. Let’s say the home has been shown fifteen times with absolutely no offers, and you have…
Do the Traditional Agents Boycott Flat Fee MLS Listings?
Some sellers have concerns that traditional agents boycott limited service listings by not showing them. There are a few ways that a Realtor® can tell that you are flat fee listed: When a listing is entered into the MLS, the broker must choose a classification to designate the level of service given to the seller. Most “flat fee” listings fall…
2017 Real Estate Year in Review and 2018 Forecast
GMO 2017 Review A year for the records for everything but real estate. 2017 was pretty much in slow motion. New listings were few and buyers were picky to boot. I truly knew what 2017 was going to be like from the slow election-dominated news of late 2016. 2016 finished weak and there was absolutely not a single sign that…
Do I need to offer 3% to a buyer’s agent when listing flat fee MLS?
Regardless of the offered buyer’s agent commission or compensation, that agent will protect their buyer’s best interest and show the home. We recommend paying 2.5% commission to the buyer’s agent. The buyer’s agent may say the discounted real estate commission is too low or try to dissuade the buyer because the listing type is FSBO or limited service listing. Always…
Federal Government Aids Victims in Designated Disaster Areas
Purpose: Through Section 203(h), the Federal Government helps victims in Presidentially designated disaster areas recover by making it easier for them to get mortgages and become homeowners or re-establish themselves as homeowners. Type of Assistance: This program provides mortgage insurance to protect lenders against the risk of default on mortgages to qualified disaster victims. Individuals are eligible for this program…
Was your property affected by Hurricane Irma?
Was your property affected by Hurricane Irma? The State of Florida has been declared a National Disaster area, with many counties declared as a Federal Disaster area. Many people are still without power throughout the state, including elderly, hospitals and nursing homes. If you were affected by Hurricane Irma, you have options that can help: FEMA announced on Wednesday that…
Flat Fee MLS Listing Service Agreements
Florida Flat Fee MLS listing service agreements…read the fine print or be held hostage! Do Florida FSBO sellers really know what they are signing before they list their homes using a Florida flat fee MLS listing service that may not really be a Florida based company? Where are your buyer-leads going from Internet marketing such as Realtor.com, Homes.com and other…