Engle Realty: Louisiana Real Estate
Residential & Commercial Real Estate Sales and Rentals
For Sale By Owner Booklet
Included in this packet is information about why it is not only a good idea to list with an agent, but also why an Engle Realty agent is the agent for the job.We work hard to get you the quickest and highest price possible in the present market.
Please take a moment and reflect on the reasons why you are selling For Sale By Owner (FSBO).
Popular FSBO answers are:
1) I want to save money.
2) I don’t know anyone in real estate.
3) I can do a better job than most real estate agents.
Are you selling FSBO for any of these reasons? If so, consider why we believe that all three of these answers, while valid, can cost you money.
Saving money is good. However in real estate, there is more at stake than just money.
Time is important. Consider if you don’t have the house sold in 2 months, will that cause a financial burden on you? What about 6 months? A year? The answer is obvious. Time costs sellers money. To quantify this amount, consider what your current monthly mortgage payment is and you’ll see how much time could be costing you each month.
Safety is important. Are you prepared to let strangers into your house to view it? Do you have a plan in place on how to manage the showing? Do you know of the safety issues involved with showing property? Even more, what if someone is hurt? What if they get hurt while viewing he property?
Let’s recap. In real estate, the following three items are important:
Some FSBO’s reason, I’ll give it a hard effort and if it doesn’t work out I’ll list with an agent. Fair enough. But, from our experience, we find that these FSBO’s would’ve ended up better listing with an agent from the start and not having wasted time (a.k.a. Money).
Those who know Engle Realty, know us for an honest company. We truly care about my clients. We want them to get as much for their property as possible. And our past clients know that. Our past results show that. When somebody employs us to sell their home, we put all my experience, effort, and resources into selling their home. And we get results.
We have years of experience selling homes. We sell real estate full time, every day. We’ve experienced more in real estate than some people have experienced in their lifetime. We study the market. we see the houses that sold 3 to 6 months ago that will be used to establish your houses value when it is appraised. We saw the condition of those houses, whether better or worse than your house. And it is our experience that will allow you to price your property right from the start and to get it sold in due time which will in turn save you money.
Also, Engle Realty agents can add value to their client’s houses through:
Increased Exposure – which means more buyer’s seeing your property
This will end up saving you money on other things down the road. We do whatever has to be done to make it sell right. We will go the extra mile to see that it is done in order to get the best results.
So what do Engle Realty Agents offer?
Listing Goal Statement:
To provide superior service to each client through a team-spirited environment so that our clients needs are met in a timely, ethical, and professional manner.
Our goal is to have a win-win relationship! When you succeed in selling your house, we succeed as an agent.
What does commission go to? Is it worth it?
The commission goes to several different parties, of which we will explain below. Service, expertise, protection, and skill are just a few of the things that the service fee goes to, which should ultimately come back to you in the form of reducing your liability, making the transaction much easier because we're doing a lot of the legwork, and saving you more money than the commission costs the seller. More specifically, as the seller, you should get more for your house than you otherwise would have and sell it quicker than you otherwise would have which is also a monetary benefit. We also assist you in the process all the way, making sure that you know what to do at each step. We’ll field all your questions (that's where our expertise comes into the picture). Basically, we offer these services to you, just as your barber offers you a service to cut your hair and his commission is what you pay him for that.
Let’s say we list at a potential 6% of the total sales price.
Remember that if another agent secures a buyer for the house then that agent usually gets half of the commission. So, the full commission doesn’t go totally to Engle Realty in this case, but actually only half of it does.
And also note, that some of the commission is used to pay for the advertising that we do for your house, as it is your Engle Realty agent's responsibility as your agent to pay for any advertising, not to mention all of the services that we provide…
Example: Your house sells for $150,000 at a 6% service fee rate:
Service fee: $9,000
Split: $4,500 (3%)…
Broker’s Commission: $1,350 (30%)
Agent’s Commission: $3,150 (70%)
gas, signs, online advertising, newspaper advertising, print-outs, postage, supplies, lockbox.
(This is before taxes are taken out. This is attributing value to the time, services, and expertise that we give you. And keep in mind the professional results of selling quicker and know-how that will save you even more.)
Advertising Expenses: TV, Internet, Direct Mail, Newspaper Ad, Flyers, Print-outs.
Supplies: Postage, Signs, Paper, Ink, Promotional Materials.
Auto expenses: gas, maintenance
Equipment: computers, software, fax machine, etc.
Office space, taxes, utilities
Time and effort to do all of the above
All of the previous expenses are absorbed by your Engle Realty agent until we successfully sell your house. Upon the sale of your house the commission will reimburse your agent for the expenses mentioned above.
Half of the service fee goes directly to the agent who sells the property, of which, we will likely never see.
Broker’s fees, a percentage of the other half goes directly to Engle Realty.
Uncle Sam gets his portion.
It is also important to note that an agent doesn’t get paid until you do.
Benefits Beyond the Service Fee:
How will this service fee come back to you?
Not only will it earn you all of the benefits just mentioned and save you a lot of hard work and stress, but you will also see yourself getting more for your property by using us.
Increased exposure by putting your house in the M.L.S.
Increased safety measures to not only protect your possessions and the property itself, but also you and your family’s lives. (Showing instructions, Lockbox)
Hard work and knowledge that will ultimately reduce the likelihood of you getting into a position that will hurt you monetarily. (Having to sell the house because of the purchase of a new home, relocation, divorce.) Our goal is to sell your house as quick as possible while still getting you the value you deserve!
Screen potential buyers in order to not waste your time which could turn you into a motivated seller.
With all of the following benefits that are stated above which we can provide you as your Listing Agent, do you believe that you can benefit more by listing with us?
Real Estate Agents can charge less for their services, but that doesn’t mean you’re getting the same results in the end.
To get started please provide the following as they are available and applicable to your property. The more information we have the better we can serve you: