BeltnBeyond Vol5Issue6 6.14.18 for web

16 COMMUNITY NEWS
Share you vacation or summer fun
photos in the Belt and Beyond.
Send photos to
Email: thebeltandbeyond@gmail.com
in the subject: Vacation/Summer Fun Photo
By mail: The Belt and Beyond
P.O. Box 33, Bangor PA
Attn: Vacation/Summer Fun Photos
Sometimes you will
never know the true value
of a moment until it
becomes a memory.
-Unkown
HILLSIDE
DRIVE,
BANGOR,
Just finished.Totally
renovated 3 bedroom
Ranch. Great location!
Oversized 2 car
garage.
$189,900
The Great American
REAL ESTATE COMPANY
ROUTE 33 & 512
WIND GAP, PA 18001
610-863-6205
MOUNT
BETHEL
Attractive single home
with nice rear yard/
large patio.. garage..
shed.. etc.
Totally renovated in
2011.
$125,000
The Real Estate Guys
Listing Your Home for Sale
In this day & age if you are trying to sell a property
on your own you simply don’t understand the
necessary processes and potential complications.
Even with the guidance and services of a Realtor
there will be bumpy parts of the ride in most
The DeCesares
occasions. It’s important that you have an expert handle
the sale of one of your largest assets. There is much to discuss on this topic. Today I
would like to speak about the Listing Agreement between Sellers and the Realtor. This
Agreement is a legally binding Agreement between you and the Real Estate Company
that you are working with. It is packed full of terminology that most Sellers are not
familiar with. Some important ones are;
*Setting the Price; Your Real Estate Agent, Broker, or Appraiser will research the
market and provide you with documentation as to the expected amount of money that
your property should bring. Consider this information seriously. Many times properties
are listed at a price that has no basis or relative to how much is owed on them. Do
your homework before selecting a list price. Most properties sell quickly when priced
correctly, or, languish on the market when they are overpriced.
*Term; The length of the Agreement is negotiable.
*Commission; This is important. Traditionally the Commission Rate is 6% of the sale
price. From this the listing Broker keeps 3% and pays 3% to a Selling Broker. This
amount has been the amount expected by a selling agent for at least the past 30 years
that I am aware of. At this time listings are low. There are more Buyers than Sellers.
Some Realtors will become greedy. They will list your property at 6% and instead of
offering seller agents 3% or ½ of the commission, they only offer the Selling agent
2.5%. If you notice it...on the Listing Agreement...you should question it. There will
be interesting reasons but none in your best interest..because, to re-itterate, the
selling agents will consider this when selecting properties to show.. Other agents may
offer a reduced rate of commission to acquire your listing. Of course they will, again,
be offering less than the traditional amount to a selling agent. This again serves no
benefit to the Seller...just benefits the listing agent.( he gets your listing ). Consider
the fact, again, that your Agent is charged with having your best interest in mind AT
ALL TIMES. It is of the utmost importance that you have faith in your Agents abilities,
trustworthiness, and motive.
* Read the fine print! You will hear all types of promises from Companies “to get their
foot in your door” Some offer to sell your home is a specified number of days or they
will buy it...Sounds awesome. You should anticipate many conditions. After all, every
company needs to make a profit or they won’t be in business.
This is my 30th year in business. I’ve heard all of the stories. I ask you this; If
you were having brain surgery would you want the best Doctor available... who is
experienced and successful? Or, would you want a surgeon who works part time, or,
needs to cut his fees to obtain patients. Your property is one of your largest assets. The
Realtor that you select is charged with selling it for you for the highest amount that it
will bring, in the shortest amount of time, with the smoothest transaction as possible.
Do your homework when selecting your Agent!
This article is provided by The Great American Real Estate Company,
Rts 33 & 512 Wind Gap. If you have any real estate related questions
feel free to contact us at 610 863 6205