A friend in the Bay Area, California is thinking of selling her
property...house.
She has heard of Help u Sell...
Does anyone have experiences with this company ?
Any input ?
Any economic alternatives to using Help u Sell ?
Any thoughts would be highly appreciated.
Thanks
Kim
On 29-Jul-2005, wrote:
> A friend in the Bay Area, California is thinking of selling her
> property...house.
>
> She has heard of Help u Sell...
>
> Does anyone have experiences with this company ?
>
> Any input ?
>
> Any economic alternatives to using Help u Sell ?
>
> Any thoughts would be highly appreciated.
>
> Thanks
>
> Kim
Help-U-Sell is fine as long as the contract says that you will give the
buyer's agent at least 3% in the MLS. The problem with discount brokers is
that they think they can pass off their discount to the one who is going to
get your home sold without any consequences. The problem with trying to
screw the buyer's agent is it's the buyer's agent who does most of the work
and who decides which house their buyer sees.
When the sales person / Realtor arrives ask them to do a 1% / 4% split. In
other words, 1% commission to the listing agent and 3% to the selling agent.
And also make sure it is understood you will be getting a "FULL SERVICE"
listing. Which means a agent will be there at the appraisal, walk-through
and closing. If you can find a Realtor who will do that for 1% you've got
yourself a REAL bargain. Anything other than that is a just a marketing
come-on. I suggest you add 10% to the asking price and pay 7% to the agent.
Just make sure they put it in the MLS as a 3.5 / 3.5 split.
Help-U-Sell will also offer you a lower price option and not even put your
house in the MLS. They will advertise you in their website, billboards, bla
bla bla... Don't even go there. You'll always be able to add 10-20% to a
reasonable asking price, put it in the MLS and get it. If you're not going
to put it in the MLS you don't need a Realtor. A Realtor who doesn't compell
you use the MLS is either ignorant, desperate, or the lowest of the low. You
want run away FAST from any agent who doesn't understand the selling power
the MLS has.
--
Warmest regards,
Steve Horrillo, Realtor / C.Ht. =^..^=