Saturday, May 23, 2009

The advantage of Homeowners Concept in a recent sale.

The advantage of having a low commission and a skilled Realtor are invaluable in this market. Here is a home at 13550 Wrayburn Rd in Elm Grove, WI that listed with us about 2 months ago that had been on the market for about 2.5 years with a number of different agents. Recently the home received some interest at the $359,900 price and an offer from a buyer represented by another Realtor. Primarily and due to the cost of the Realtor's commission of 2.4%, the offer was never accepted. After a few more days another buyer wrote an offer directly with the agent of this home, Kati Fonte. The agent skillfully negotiated an offer that was higher than the Realtors's offer AND sellers were paying just our low commission of 1.5%. Needless to say the offer was accepted.

It's a no brainer that commissions play a big role on whether an offer gets accepted by a seller. In the go-go years or 2003-2005 sellers had plenty of equity to waste on high commissions. Not anymore. It is crucial to choose a company that not only charges a low commission but brings a skilled Realtor to the table to make things happen.

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