Frequently Asked Questions
What makes Real Estate Consultants different from traditional 6% Brokers?
Real Estate Consultants was founded on the premise that a $1,000,000.00 house may not cost that much more to market than a $100,000.00 house. Most traditional 6% Brokers charge $60,000.00 for one and $6,000.00 for the other. We do not feel that a straight 6% commission is fair to Sellers. We offer several marketing programs and give our Sellers the flexibility to choose a marketing program which best suits their individual needs. One plan that we have developed is an equitable 2% marketing plan which offers Sellers thousands and in many cases, tens of thousands of dollars in savings when they list their home with us. All of our marketing programs are designed to save our Sellers a significant amount of money, while still offering the full marketing services of the traditional 6% real estate company.
Our marketing plans are specifically designed to provide your home with the greatest degree of exposure to the market. Our objective is to sell your home at the absolute highest price in the least amount of time and net you more equity than any other real estate company in New Jersey. Buyers appreciate our time saving features like the professional quality of our "full house" virtual tours of all of our listings. This helps Buyers determine if they like the look of your home both inside and outside before they ever step foot on your property. Therefore, when we set up a Buyer appointment to visit your home after they have viewed it on the Web, they are qualified and serious. We have eliminated wasting the Buyer's time of seeing house after house. Also, Buyers come to our website because they know that they can view every house listed in the MLS without the requirement of having to log into a company data base.
How can Real Estate Consultants commission be so much less than other Realtors
®?
When it comes to real estate, not all Realtors
® or agencies are alike. Merely paying a higher commission is no guarantee of getting better service or value for your dollar. We offer comparable or better marketing services than traditional 6% brokers. The major difference is that we charge less. We utiliize state-of-the-art technology which makes our full time Associates and inside customer service representatives far more effective and efficient. The efficiency of our state-of-the-art laptop computers and digital cameras, proprietary transaction management software, and high speed cable internet access, all work to your financial advantage. In addition, we are locally owned and managed. There is no corporate bureaucracy in our company. The big name traditional 6% franchises have many layers of management "fat", large expensive storefront offices and high franchise fees which must be paid back to the franchisor. These fees are passed on to their Sellers forcing higher 6% commissions. Real Estate Consultants has completely eliminated these expenses. Most importantly, our Sales Associates are highly knowledgeable, successful, technologically savvy Realtors
® who are extremely efficient in managing their business and providing exceptional service to our Sellers. We are pleased to pass on enormous savings to our Sellers as a result of our effective and efficient method of managing our business.
Selling a home is an important personal issue. Real Estate Consultants was developed with the philosophy that every Seller should be offered flexibility, choices and savings when selling their home. We leave it up to our Sellers to decide which of our several marketing programs is best for them. In addition, we offer the flexibility to switch from one marketing program to another, anytime!
I like the idea of saving money. Is there a catch?
Absolutely not! A lot of people think that because our fees are so reasonable that there must be hidden fees or surprises. We have no additional fees and we do not earn our commission until your home closes.
Do I have to show my own home?
The choice is yours. Some Sellers feel that they know their home better than anyone else and enjoy meeting the prospective Buyers. Other Sellers prefer that we show their home. We have full time agents working everyday at our offices who are ready on short notice to show your home to prospective Buyers if you prefer. Regardless of who shows your house, when the Buyer wants to purchase your home, we handle everything to assure a smooth transaction.
Is Real Estate Consultants a member of the Multiple Listing Service?
In fact, we are members of seven (7) different Multiple Listing Services throughout the state. We offer you the option of placing your home in MLS systems for lower commission. Just like traditional 6% Brokers, we share the commission with the cooperating MLS agent. Therefore, they have the same incentive to sell your home as all other homes listed in the MLS. It is important that the cooperating agents earn the same selling commission they are accustomed to receiving; consequently, Real Estate Consultants accepts a reduced portion of the total commission.
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