[5-DayForum] Using a Realtor

Paul Forste paul5 at anyol.com
Fri Jun 1 16:46:26 EDT 2007


Joyce,

Are you asking me or Cindy?  I am not a realtor though I was an "Sales 
Associate" thirty some years ago in Cincinnati.

-PF

----- Original Message ----- 
From: "Joyce Carpenter" <joiceanne at msn.com>
To: <5-dayforum at mailman.howtosellyourhomein5days.com>
Sent: Friday, June 01, 2007 4:35 PM
Subject: Re: [5-DayForum] Using a Realtor


> 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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>> >
>> >
>>
>>
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