Monday 12 January 2015

Do you have to pick one?


So you want to sell your home but you have two friends in the real estate business and they work for two different companies and you don’t know what to do. Pick friend #1 and then friend #2 will be upset and vice versa pick neither and they will both be mad…a no win/win for sure!

Well Oakhill Realty has the solution… you co-list the home with both of your friends!

What?

Hmmm bet you didn’t even know you could even do that? Well you can, it’s not even that complicated unless they don’t want to or their companies won’t let them. If you look at your listing agreement there is a line for co brokerages and this simply means two different companies will be selling your home. They will usually split the commission that you agreed to and that may be a small stumbling block because it will most likely be about half of what they would normally charge. If the two agents work together they should be able to split the marketing costs so their net dollars will be about the same.

The agents will have to work out some details such as whose sign will be on your lawn and who will be the main brokerage but not a big deal at the end of the day. If one is being too difficult well that may be the one you cut out of the deal. In real estate we have to work cooperatively with other agents and other companies all the time, selling agents working with buying agents, so why not have two selling agents working with one seller? It may be a win/win for you the seller, two great agents and two great companies, why not! I am sure there are some companies and some agents who feel they are too good to share but to us it isn’t about us it’s about you the seller.

Just one more solution from us at Oakill.

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