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1. Question:
Who uses a
service like this? |
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Answer:
We serve experienced and
knowledgeable real estate professionals such as investors, agents,
brokers, attorneys, builders, lenders and escrow professionals who know
how to do transactions and merely want to expose their property to
buyers. We also serve owners selling their home on their own who are
simply trying to save some money or don't have any equity in their
property to pay a commission to a listing agent.
Since we
specialize in providing service at your level of need you can start by
first finding a buyer. If you need or want more help with negotiation
and or paperwork, we are here to support you. |
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2. Question:
Why should I
use this service? |
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Answer:
You should use this service because you can
list your property directly in the MLS (Multiple Listing Service); the
#1 most important tool for finding a buyer. With our service you retain
complete control and make no commitment to a listing agent. Exposing
your home to the millions of buyers looking online may enable you to
save many thousands of dollars in unnecessary commission expenses.
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3. Question:
Will I be
served by a licensed experienced broker working in the my area?
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Answer:
YES.
We have over 10 years experience in real estate sales, property
management, and related fields.
Click here to meet the
team that will be serving you.
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4. Question:
Do I
need to come to your office to be listed? |
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Answer:
No,
you don't have to visit our office to get listed. We leverage our time
with technology to maximize your convenience and minimize costs. The
necessary paperwork can be emailed, faxed, or mailed both ways so there
is no travel, appointment, or time-consuming meeting necessary to get
listed. |
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5. Question:
What is the
Multiple Listing Service (MLS)? |
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Answer:
There
is no "one" Multiple Listing Service. In fact, according to the National
Association of Realtors at the time of this writing, March 2007, there
are well over 850 MLS systems in North America. An MLS is a localized
database of homes for sales containing historical information on past
transactions that is used by Realtors working in a specific geographic
area. We work with several different MLS systems in Southern California
that serve San Diego County, Orange County, LA County, Riverside County,
and San Bernadino County. |
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6. Question:
Are these the
same MLS systems other brokers charge you a large commission to use? |
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Answer:
YES. These are the exact
same MLS that all professional Realtors use. |
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7. Question:
Will my MLS listing look the same as other MLS listings? |
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Answer:
Yes, your MLS listing will
be identical to the listings of competing real estate companies. It will
show your photos and your listing information in the same format as
other listings on the professional Realtor's MLS. It will also show the
compensation you are offering to an agent who successfully sells the
home (referred to as the Selling Broker), and instructions for showing
the home. |
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8. Question:
Are there any
fees or commissions due to the listing broker?
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Answer:
NO. The only compensation
due to Rashid Realty are the fees paid for services provided.
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9. Question:
Do I have to
pay a buyers agent commission if I find the buyer myself? |
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Answer:
NO. It is possible to save
both a listing agent commission AND a buyer's broker
commission by finding a buyer on your own. |
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10. Question:
How long does
it take for your listing to be online? |
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Answer:
In
most cases your listing can be on the MLS within 24 hours. Realtor.com
may take longer. |
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11. Question:
How long is
the listing online for? |
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Answer:
Our
commitment to you is for 12 months, until your home sale closes escrow
or until you cancel the service, whichever comes first.
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12. Question:
How much do
you charge to make changes to my listing? |
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Answer:
Our
service includes FREE updates as you need them to change pictures, edit
comments, or adjust pricing or commissions to buyer broker.
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13. Question:
What do you do to enhance a listing on www.RashidRealty.com? |
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Answer:
We add links to 1. your
realtor.com showcase ad; 2. the property address to an online map; 3.
your property website if you have one; 4.your virtual tour if you have
one. We can also highlight your listing as holding open houses if you
want. |
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14. Question:
What is a realtor.com showcase ad? |
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Answer:
A realtor.com showcase ad
can have a title, a scrolling banner, 6 pictures, up to 2500 words of
narrative description about the property and a link to your virtual tour
if you have one. By adding a Virtual Tour, your ad will come up near the
top when your area is searched by photos. |
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15. Question:
What forms of
payment do you accept? |
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Answer:
We
accept payment by checks. We are in the process of working out an
agreement to work with Paypal. |
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16. Question:
When is
payment due? |
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Answer:
Payment is due after you have approved your MLS input. |
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17. Question:
How do I
determine a sales price? |
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Answer:
We
can provide you with a history of home sales in your neighborhood or you
can search a site like
Zillow.com yourself.
Another resource that may be
useful to you is...
We have found the phone to
be a great "price checker". If it is ringing, your price is in the ball
park. If you are not getting any inquiries, you may want to ask yourself
why not? |
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18. Question:
What about
photos ? |
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Answer:
Our
clients usually send their photos to us as an attachment to email. If
you have questions about how to do this, please feel free to call us at
858-271-9500.
We highly
recommend that you read this recent
LA Times article on the importance of photos for your listing and
tips on how to make them the best possible. If you prefer to hire a
professional, call us at 858-271-9500 for a
reference to a very affordable and quality photographer in your area.
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19. Question:
Can you help
me beyond just putting my listing on the MLS? |
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Answer:
ABSOLUTELY!. Together our team has over 10 years of experience in real
estate sales, property management and related fields. We love the work
we do and we are happy to help you in any way we can. We never charge
for our services unless we have a written agreement with you to provide
services for an agreed upon compensation. Call us at 858.271.9500 to
discuss your needs. |
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20. Question:
Can you help
us with an Open House? |
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Answer:
Yes. If you have purchased
the "MLS Plus" service, we can indicate your open house on the MLS you
are listed with and Realtor.com.
We highly recommend you
read this article from Inman News or this
Realty Times article before you hold an open house.
If you still want to hold an open house, call us at 858-271-9500 for
details in your area. |
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21. Question:
Can you help
us with signs? |
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Answer:
Yes. First, be aware that
YOU are responsible for complying with all
rules and regulations regarding the use of signs where you live. Any
fines levied for misuse will be paid by YOU.
Secondly, be aware that a simple "For Sale by Owner" can cause several
problems. One, it is an invitation for realtors in your neighborhood to
call you and try to sell you on their listing services. Secondly, agents
with buyers may try to pass you by, because they are afraid of losing a
buyer and the commission they can generate. Thirdly, lazy agents may shy
away from your listing thinking that they will have to help you, the
seller, with your paperwork too. If you don't use on of our signs, use a
generic sign that says simply "For Sale" and has your MLS # clearly
visible on it.
18" x 24" corrugated
plastic
9" x
12" also available for e.g. Rancho Bernardo, Condos, etc.
For
your convenience, we can have these signs available for ~$30 each.
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22. Question:
How much do
you charge for your signs? |
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Answer:
They are available for ~$30. Ask us about a sign post
or suggestions on prominent sign placement. Please realize that
there may be restrictions based on your neighborhood. |
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23. Question:
Can you help
us with a lock box? |
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Answer:
Yes. You can buy a
"contractor's" combination lock box from a store like Home Depot. If you
choose to do that, we recommend you be careful about who you give that
combo to because they are easy to compromise. It is also very easy to
change the combo to maintain security.
Another
option is to use a professional realtor lockbox that provides a record
of which realtors have used it to gain entrance. Please call us at
858-271-9500 for the specifics in your area. For your convenience,
we can rent you a professional realtor lockbox for $118. |
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24. Question:
Can you help
us with legal matters? |
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Answer:
As realtors licensed by the
California Department of Real Estate, we can provide general real estate
guidance but we are not attorneys and we cannot give specific legal
advice. Please feel welcome to call us at 858-271-9500 for a referral to
a qualified legal resource. |
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25. Question:
How do I know
if a buyer is qualified to complete the sale? |
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Answer:
Smart buyers are
preapproved and prepared to act BEFORE looking for a new home. A
professional realtor will insist on it as it serves no one to work hard
finding a property only to get beat out in the purchase by a buyer who
is better prepared and can make a stronger offer. If you have an offer
and need help qualifying the buyer, call us at 858-271-9500. There is no
charge for this service. |
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26. Question:
Why is my
home taking so long to sell? |
Answer:
Check the average market
time in your area and see how your time on market compares. If you are
approaching or beyond the average time on the market, make sure you have
not been making any of the following "deal killing" mistakes.
- You are priced too
high compared to competing properties in your market and buyers are
looking at the other properties.
- The commission you
are offering to buyers brokers is too low and they are showing their
buyer clients other properties before yours.
- You are not
answering or returning calls promptly
- Your property is not
easily accessible
Any of the above will
adversely affect your efforts to get your home sold. We are in a very
tough "buyers market" and it is very easy for an agent to go on to the
next property if you are not competitive. |
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27. Question:
Should I do
any repairs or remodeling before I sell my home?
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Answer:
Your home should be clean
and minor cosmetic items and repairs should be tended to. In some cases
you may simply want to give the buyer a credit for example to replace
worn carpeting with a carpet of their choice. As for larger remodeling
projects, refer to
Remodeling Online for important information on investment payback. |
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28. Question:
I am
considering using a full service listing agent. There are so many
choices, how do I evaluate them? |
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Answer:
There are many factors that
go into decision making when it comes to choosing a listing agent. One
is their capability. A second is their cost. You can use our automated
evaluation form as a starting point.
Click here for instructions |
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29. Question:
Where can I
learn more about selling a home on my own? |
Answer:
There have been many good
books written on the topic.
Click the
book below for more info.
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30. Question:
I already
signed up with another "For Sale By Owner" website. Isn't that all I
need? |
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Answer:
Visit
www.Compete.com to compare web traffic on your current service to
Realtor.com. Remember also, that if your home is NOT listed on
Realtor.com, you are NOT in the professional MLS database that Realtors
use when working with buyers.
Please feel welcome to call
us at 858-271-9500 with any questions. |
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31. Question:
What if my
property is outside of your service area ? |
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Answer:
If we can't help you, we
have a wide network of Licensed Brokers that we can refer you to.
Please feel welcome to call us at
858-271-9500. |
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32. Question:
Do you work with buyers
? |
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Answer:
Absolutely!!! With all the
experience we have had working with sellers, we are in a unique position
to offer powerful buyer representation. Since we list more homes in a
year than most agents list in a career, our buyer clients have an edge.
Call us for details at 858-271-9500 |
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33. Question:
Do you offer a money back guarantee
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Answer:
Yes we do!!! . If you, as
one of our flat fee listing clients, choose to cancel your listing
agreement with us in order to use the services of a “full service real
estate broker”, AND if you allow us to make a referral to that broker,
we will refund 100% of the fees you paid to us upon close of escrow for
the property and receipt of a referral commission by us from the
referred broker. We can also help you evaluate and choose a broker. Call
us with your questions at 858-271-9500 |
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34. Question:
Does selling "By Owner" net more money for the seller
? |
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Answer:
Two economists in Wisconsin
got into a debate about whether they would make out better selling by
owner or with an agent. The results were recently published.
click here to read the article
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35. Question:
What is your success ratio? |
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Answer:
This is a question we get
asked repeatedly and the answer is always the same. 100% of the homes
that are priced right will sell. |
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36. Question:
Does the government support fee based real estate services? |
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Answer:
Yes, both the Department of
Justice and the Federal Trade Commission support competition and
alternative choices for consumers.
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37. Question:
Where can I find the real truth about the real estate business? |
Answer:
Read widely. Question
everything. Do your homework.
Some interesting articles are posted below. . .
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We provide personalized service and focus on
developing long term client relationships. Thank you for allowing us to be of
service. Please
submit your inquiry using the form below to simply the listing process.
We can get most of the listing info from the property address. We
will email you what we have for your verification and you can make the
needed changes. Once we get back your changes, property photos and
your check, we will make the listing ACTIVE on the MLS and send you a
confirmation link which you can then use for your online classifieds
advertising, etc.
Feel free to call us if you have questions.
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"Life is a compromise of what your ego
wants to do, what experience tells you to do, and what nerves let you do."
For added convenience, you can now fax us your paperwork and pay
for our service using PayPal.
