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Become a smarter home Buyer & Seller with Our Free Real Estate Tips

Click the button below to get a free copy of our 10 Commandments, daily real estate tips, and training to become a smarter home buyer and/or seller. By joining, I understand that I will receive DAILY real estate tips and promotional offers and can cancel at any time.

home-selling-xs Real Estate Tips

NO B.S. HOME SELLING

Whether you are selling FSBO (For Sale By Owner)  or hiring a listing agent, we have helpful strategies that will get your home sold faster and for more money.

home-buying-xs Real Estate Tips

NO B.S. HOME BUYING

Don’t rely on a buyer’s agent when buying your next home. Learn how to access data and make sure you don’t overpay before you submit an offer.

home-building-xs Real Estate Tips

NO B.S. HOME BUILDING

Before visiting any home builder, understand the protocol you need to follow to ensure you have proper representation throughout your build.

Current Real Estate Market Trends

We are in a seller’s market.

Right now, there are more buyers in the market than there are homes for sale. This buyer demand is causing residential home listings to sell within days and at asking price, if not above asking price.

Sellers are even delaying their responses to buyer’s offers, hoping to obtain multiple offers in the interim. Don’t let sellers delay responding to YOUR offer! To prevent a delayed response to your offer, make sure your buyer’s agent specifies a date the seller needs to respond by, or the offer is void. Providing a seller 24 hours to respond is acceptable, whereas requesting a response within 12 hours is overzealous.

Buyers are even overpaying for some homes listed on the market. But the number of homes that come back on the market during the contingency stage is indicative that these buyers soon experience buyer’s remorse. The buyer realizes they overpaid and then cancel the deal based on inspection items.

What is my home value now?

By clicking the button below, you have the option to get three home values for your home. One is an instant home value you will receive via email. Two, you will receive the 2nd value from a licensed Realtor within 24 hours to your email. Three, you have the option to receive an in house valuation from a Realtor just before you are ready to list to provide the most accurate right pricing to sell your home fast and for top dollar.

Considering to build a new home?

By clicking the button below, you have the option to learn about new homes, schedule tours and get the inside info on any available buyer incentives before everyone else NOW!

Dream Home Finder Program

 

How real estate agents work with buyers & sellers

Because this may be the largest financial transaction, it's important to understand the role of the agents and brokers with whom you are working.

Representing Sellers

Most sellers of real estate choose to list their home for sale with a real estate brokerage (vs. selling FSBO). When they do so, they sign a listing agreement that authorizes the brokerage and the listing agent to represent their interests. As the seller’s agent, the brokerage and listing agent must: follow the seller’s lawful instructions, be loyal to the seller, promote the seller’s best interests, disclose material facts to the seller, maintain confidential information, act with reasonable skill and care and, account for any money they handle in the transaction. In rare circumstances, a listing broker may offer “subagency” to other brokerages which would also represent the seller’s interests and owe the seller these same duties.

Representing Buyers

When purchasing real estate, buyers usually choose to work with a real estate agent as well. Often the buyers want to be represented in the transaction. This is referred to as buyer’s agency. A brokerage and agent that agree to represent a buyer’s interest in a transaction must: follow the buyer’s lawful instructions, be loyal to the buyer, promote the buyer’s best interests, disclose material facts to the buyer, maintain confidential information and account for any money they handle in the transaction.

Dual Agency

Occasionally the same agent and brokerage that represents the seller also represent the buyer. This is referred to as dual agency. When a brokerage and its agents become “dual agents,” they must maintain a neutral position in the transaction. They may not advocate the position of one client over the best interests of the other client or disclose any confidential information to the other party without written consent.

Representing Both Buyer and Seller

On occasion, the buyer and seller will each be represented by two different agents from the same brokerage. In this case, the agents may each represent the best interest of their respective clients. Or, depending on company policy, the agents may both act as dual agents and remain neutral in the transaction. When either of the above occurs, the brokerage will be considered a dual agent. As a dual agent, the brokerage and its managers will maintain a neutral position and cannot advocate for the position of one client over another. The brokerage will also protect the confidential information of both parties.

Fair Housing Statement

It is illegal, pursuant to the Ohio fair housing law, division (H) of section 4112.02 of the Revised Code, and the federal fair housing law, 42 U.S.C.A 3601, to refuse to sell, transfer, assign, rent, lease, sublease, or finance housing accommodations, refuse to negotiate for the sale or rental of housing accommodations, or otherwise deny or make unavailable housing accommodations because of race, color, religion, sex, familial status as defined in section 4112.01 of the Revised Code, ancestry, military status as defined in that section, disability as defined in that section, or national origin, or to so discriminate in advertising the sale or rental of housing, in the financing of housing, or in the provision of real estate brokerages services. It is also illegal, for profit, to induce or attempt to induce a person to sell or rent a dwelling by representations regarding entry into the neighborhood of a person or persons belonging to one of the protected classes.

Commission for a Real Estate Agent

Real estate agents typically do not receive any compensation unless they successfully complete a home sale transaction. The commission is paid after the closing of the home when title is transferring from the seller to the buyer. 

 The seller pays the listing brokerage the commission for both sides of the home sale transaction. 

Sometimes the commission is equally split between the selling brokerage and buyers brokerage, while other times the listing brokers takes more of the commission.

Buyers do not pay real estate commission, but they do pay an administration fee to the buyers brokerage at the time of closing. Brokerage administration fees are normally $200-500. 

 

home-selling-xs Real Estate Tips

NO B.S. HOME SELLING

Whether you are selling FSBO (For Sale By Owner)  or hiring a listing agent, we have helpful strategies that will get your home sold faster and for more money.

home-buying-xs Real Estate Tips

NO B.S. HOME BUYING

Don’t rely on a buyer’s agent when buying your next home. Learn how to access data and make sure you don’t overpay before you submit an offer.

home-building-xs Real Estate Tips

NO B.S. HOME BUILDING

Before visiting any home builder, understand the protocol you need to follow to ensure you have proper representation throughout.

“I only used a portion of the information from the Home Sellers’ Blueprint Implementation plan, and I saved roughly $15,000 selling my duplex near the Ohio State University.  There was no agent on either side. Paperwork was a breeze and both myself, and the buyer are happy.”

Kevin S.

Happily Sold FSBO

“I requested listing agent from the founder of Realty Done. The listing agent sells more than $20 million per year. I’m happy I took advantage of the offer. We received a full price offer on day 1. I didn’t have to go through many of the inconveniences sellers normally deal with during a listing.”

Bernard B.

Happily Received A Referred Realtor®

Become a smarter home Buyer & Seller with Our Free Real Estate Tips.

See for yourself by clicking the button below to open daily real estate tips and a free copy of our 10 Commandments with training for home buyers and sellers. By joining, I understand I’ll receive DAILY real estate tips and promotional offers and can cancel at any time. 

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