[5-DayForum] Using a Realtor

[Joyce Carpenter]

Hi All,

I'm jumping in here too!  Are you a realtor or are you using a realtor?  
Either way, how would that work?
Joyce
>From: Paul Forste <paul5 at anyol.com>
>Reply-To: How To Sell Your Home in 
>5-Days<5-dayforum at mailman.howtosellyourhomein5days.com>
>To: How To Sell Your Home in 
>5-Days<5-dayforum at mailman.howtosellyourhomein5days.com>
>Subject: Re: [5-DayForum] Using a Realtor
>Date: Fri, 01 Jun 2007 16:23:37 -0400
>
>Cindy,
>
>I am just butting in here because I know that  you are talking to Jean.  
>But
>just be aware that if you want to list in the multiple as a "by owner" as a
>"civilian", you will be committing to at least 3% to any buyer's realtor 
>who
>brings your buyer. You can do that through realtor.com. But you really 
>don't
>have to dangle that extra 3% out there to get a buyer for your home, at
>market, using 5-Day.
>
>Paul Forste
>student of 5-Day
>Teaneck, NJ
>
>
>----- Original Message -----
>From: "Cindy Adams" <cindy.adams at comcast.net>
>To: "How To Sell Your Home in 5-Days"
><5-dayforum at mailman.howtosellyourhomein5days.com>
>Sent: Friday, June 01, 2007 2:29 PM
>Subject: Re: [5-DayForum] Using a Realtor
>
>
> > I'm very interested in your impending sale.  Do I understand you
> > correctly?
> > The house you are advertising as an open bid is also on MLS?  I too live
> > in
> > Downers Grove, and we are using the 5-Day Sale method for a home we have
> > in
> > South Venice next week.
> >
> > Best Regards,
> > Cindy Adams
> >
> >
> > ----- Original Message -----
> > From: "Jean McCormack" <jm-5day at themccormacks.org>
> > To: <5-dayforum at howtosellyourhomein5days.com>
> > Cc: <5-dayforum at mailman.howtosellyourhomein5days.com>
> > Sent: Friday, June 01, 2007 12:04 PM
> > Subject: Re: [5-DayForum] Using a Realtor
> >
> >
> >> I'm not sure about your agent's local MLS or Realtor association, but 
>in
> >> the suburbs of Chicago, we are doing it!
> >>
> >> I am a Realtor. My husband and I own a local franchise for a nationwide
> >> firm. Our own home is currently listed in the MLS, we have also run ads
> >> in
> >> the Chicago Tribune and the local suburban papers. We are well over 25
> >> calls; about 50% agents.
> >>
> >> Our market is very quiet right now. My opinion is that Realtors bring a
> >> lot to the table. They will compare our home to others that have sold 
>and
> >> convince their buyers that this is a good deal. Even with their
> >> commission
> >> (we're paying out 2.5 % to the buyer's agent, and since we are our own
> >> selling agent, there's no additional 2.5%) they will help the price 
>rise.
> >> Because of their commission, their client may not be the top net; but
> >> terms may be better, not sure. When listed in our MLS we need to list 
>the
> >> commission a "variable". This indicates that buyers going through the
> >> listing office will cause less commission to be paid out. Many firms in
> >> Chicagoland do this.
> >>
> >> Many of the agents that have called me are familiar with the method. It
> >> is
> >> new to me. I read the book about 3 weeks ago; and here we are. I think
> >> we'll video some of our fun this weekend. I truly believe in the 
>market.
> >>
> >> We also cleared this idea with our local board, our attorney, and the
> >> MLS.
> >> All is fine as long as we do not call it an "auction". It is an open 
>bid,
> >> round robin process. We will sell to the highest bidder on Sunday 
>night.
> >>
> >> Blessings,
> >> Jean McCormack
> >> a Broker from Downers Grove, Illinois part of the Western Chicago 
>suburbs
> >>
> >>
> >
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> >
> >
>
>
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