For Sale by Owner: The Dangers of Selling on Your Own...
Today, I’m gonna show you how I can actually help you to put more money in your pocket than you could on your own.
Many sellers consider getting someone to bring them a buyer and pay 3% as a commission. So, if I’ll be given a chance to bring a buyer to your home right now. I thank you for the opportunity to pay my compensation for the work and effort that I’m gonna do to find a buyer and get them to close the deal.
NOW, what many sellers DO NOT consider is the fact that often in a transaction there’s gonna be a SELLER SUBSIDY that the buyer is gonna ask you to pay.
A final method for lowering closing costs is to negotiate for the seller to pay them. ... This is often called a "seller subsidy" or "seller closing contribution." Either way, it's additional funds working in the buyer's favor.
From a BUYER’s perspective most of the time that they don’t have that money to be able to buy.
SO...Here’s what we can do is we can help the buyer to be able to get that subsidy cost or that money that they will be able to get the loan without asking YOU for it!
Here’s an example;
There is a house that was sold.
CLOSE PRICE - $440,000
CONCESSIONS AMOUNT - $13,200
That concession amount is the amount that the buyer is gonna ask you for. And of course, we don’t want to pay that amount, right?
Let me tell you what is going on in the Real Estate marketplace. As a real estate professional, I take a look at the market every single day.
Over the last two weeks, with the Coronavirus, and the isolation and the quarantine. I’ve been paying attention even closer than usual to the marketplace and what’s going on. So, I wanted to share this with you so that you will understand.
THERE IS A WAY!
When a buyer uses a KELLER MORTGAGE - http://bit.ly/KellerMortgage-Save
This is exclusive to KELLER WILLIAMS TRANSACTIONS, which means a KW Agent must be involved in the transaction, that way a buyer will no longer have funding fee, lender fees, etc...PLUS the lender will pay them $1,000 at closing, ALSO no need to pay for the appraisal upfront.
This KELLER MORTGAGE is a program that is offered by my brokerage to their clients. I guess you never heard of it yet because they don’t advertise. However, they provide a product that is the cheapest product in the market that actually GIVES BACK to that buyer.
If you want to know more about these programs, http://bit.ly/KellerMortgage-Save and decide to sell or buy a home. I'm happy to help you out. Send me an email at Dan@greetingsvirginia.com or call me at 703-346-2776 and I’ll be glad to answer specific questions for you.
Have a question about buying, selling or investing?
We have answers! Team Leader/Broker Dan Rochon provides insights on the local market and answers YOUR questions about all things real estate.