Wednesday, April 1, 2009

Some Sellers Pay Much More Commission, Unnecessarily

Paying a high commission of 5, 6 or 7% gives no advantage whatsoever to a seller as the table indicates.
Homeowners Concept offers massive marketing for properties (see 30 points of marketing) and only employs highly skilled agents that guarantee successful and smooth transactions. Despite all the benefits Homeowners Concept brings to the table there are rare occasions where a seller expires unsold (refused to adjust price to market conditions) and subsequently lists with a high commission broker.

This is a list of sellers and their properties that have left Homeowners Concept in last year and the price that they are currently on the market or sold for with another realty paying FAR MORE in commissions and getting less marketing for the homes (As of 4/1/09).

Evidently a few sellers have the perception that paying more will get the home sold and sold at the price they want. The fact is that buyers could care less how much commission one is paying. Actually by having to pay much less commission a seller could get the home sold by offering a better price to the buyer (see blog post of 2/26/09 for an actual case).

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