Real estate never gets old, but it sure gets interesting.
I recently dealt with another agent who was so responsive that he sold the listing. Twice.
What’s interesting is that he sold it twice at the same time.
By interesting, I mean complete disaster.
So what happens when a seller signs a valid, binding contract to sell one property to two separate parties?
stay tuned. I have been in the real estate industry for 20 years and have never seen a property like this.
Here’s what I know: This would be complete chaos and all parties would probably walk away unsatisfied.
There is a lawsuit going on right now and lawyers are joining it. What a mess.
The listing agent for this transaction is a complete mess and the only solution to this problem is expensive and confusing.
The lesson, the first one, is to create your list with someone who actually knows what they’re doing.
The listing agent in this case is a large corporate firm that bills itself as one of the leading agents of beach real estate in Delaware.
I don’t know if the seller agrees or not. we will see.
When selling a property with the help of a real estate agent, the choice of real estate agent can have a significant impact on the outcome of the transaction.
At Sunrise Real Estate, we’ve been in business since 2004 and have seen all kinds of things happen in real estate transactions.
Sunrise Real Estate charges a 3.75% listing fee. This is lower than the typical 5-6% for real estate in Sussex County, Delaware. There are some agents on the market willing to charge commissions above 6%, but this does not include the costs associated with photos and virtual tours. Most companies also charge an “administration” fee at closing.
A small change in this percentage can save you thousands of dollars. For example, a property that sells for $500,000 and pays the real estate agent a 6% commission will pay the real estate agent $30,000. If the same transaction were listed on Sunrise Real Estate, it would pay an $18,750 fee. That’s a savings of $11,250.
At Sunrise Real Estate, we believe that most people selling real estate in Sussex County, Delaware can find a better deal for $11,250 than paying a real estate agent.
You can pay $11,250 more, but the house won’t sell for more. You just lose money.
The next thought in most sellers’ minds is, “What’s the problem?”
And Sunrise Real Estate answers that question with a relatively short answer: “There is no such thing.”
Sunrise was founded in 2004 and our team is experienced. I have worked on all types of real estate transactions.
The team at Sunrise Real Estate is also a Zillow Premier Agent. In today’s market, real estate is sold via the Internet, and Sunrise Real Estate is able to get sellers’ properties right in front of buyers.
Sunrise Real Estate works with sellers through all stages of the process. Sunrise Real Estate is not a limited service or discount brokerage. Sunrise Real Estate is a full-service boutique agency. Sunrise Real Estate has no national franchise fees. Sunrise Real Estate is not owned by a large suburban corporation. Sunrise Real Estate does not have an MLM agency.
Sunrise Real Estate does not charge management fees. Sunrise Real Estate does not charge for photos or virtual tours. Sunrise Real Estate does not intend to promote any associated title or mortgage companies.
Sunrise Real Estate’s overhead costs are low and the savings are passed on to the seller. Sunrise Real Estate and the buyer’s agents who work with you to sell your property will be paid a market commission.
Sellers who work with Sunrise Real Estate will save thousands of dollars while working with a locally owned company. This allows sellers to know that the local community (and the seller) will benefit from the transaction.
Looking to sell? Click here for more information.