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COMMONLY ASKED QUESTIONS AND ANSWERS
How can DISCOUNT REALTY charge so little?
After 13 years of questions this one is the most popular. After
years of being charged 6% by the real estate industry people
to sell a house, people have a hard time believing that a real
estate company can charge a low fee. Of course, the answer is
volume. If you give a great service with great price you will
have many customers.
How successful
has Discount Realty been?
DISCOUNT REALTY started in 1994
in Las Vegas, Nevada. In the beginning the listings were
few and hard to obtain.
Calling on "For Sale by Owners" was the only
way to solicit listings. DISCOUNT REALTY was one voice
telling the public
that there was a different way to sell Real Estate. There
are at least 13,000 other real estate agents in town telling
every seller that they had to pay 5, 6, or 7% commission
in order to sell their home.
After 3 years the word had
spread. No more outgoing solicitation calls. Now the
phone rings all day with questions and
appointments.
Can I find a buyer
on my own and save on commissions?
DISCOUNT REALTY
realizes that no one wants to sell your home more than
you. So, why shouldn't you help
find a
buyer and
why shouldn't you be rewarded if you do. If you
find a buyer with your own effort, you do not pay a 3%
commission to anyone.
For $1295, DISCOUNT REALTY will write
the offer and oversee the entire transaction.
How
long does it take to sell homes?
All homes sell--eventually.
There are two key factors to selling homes. Exposure to
the market and
the price needs
to be market value. The M.L.S. has been used
for over 30 years. It is the tool that real estate
agents use
to find
property. There are three ways to price a property.
1. How much money do you have into the property?
2. How
much money
do you want to get out? 3. Then, of course,
the only way. What is the market value? Now, the
timing answer.
The seller
has complete control of the price until
it sells or hold on until prices go up to meet your
price.
How
long does it take to get my house on the local MLS system
and how long does
it stay
there?
Your property will be on the MLS
within 24 hours after meeting your agent.
Your
property
will remain
on the MLS
for one year or until you sell or cancel.
You may extend your listing after the
one year
for free
for as long
as you like.
What is the MLS?
The MLS (Multiple Listing Service)
is a computer data base of all
the local
agent's
listings
(properties for sale).
Before computers, books were printed
every 2 weeks. Now when a property
changes status
(sold,
pending,
for sale)
or changes
price, everyone has access to the
information instantly.
Real estate agents put buyers
parameters into the computer and search for
the right property.
If
your property
matches these parameters.
What is the Cancellation Policy?
You may cancel the listing at any time for any reason. This
is useful if you change your mind and want to rent instead of
sell.
If I cancel the MLS, how much does it cost to reinstate?
The charge to reinstate your listing is $110.
What is included with the Listing?
The Listing includes:
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Comparative Market Analysis. |
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Electronic Lock Box. |
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Professional Yard Sign. |
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Free Unlimited Changes. |
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