New Hope Realty, Inc. provides full service real estate brokerage and offers substantial commission rebates to buyers and substantial commission savings to sellers. Because of the proliferation of free real estate information on the Internet, including sales history, listings, school ratings, demographics and even walk-ability scores, many buyers and sellers do much of their own research. Many have also been involved in prior real estate transactions because of job transfers or through investment property. These buyers and sellers often do not feel the commission structure in the industry is rational (see COMMISSIONS tab above) and do not feel their agent requires a huge commission to facilitate a transaction. Our niche is servicing this clientele.
If we represent you when you buy a home, you will receive a rebate of up to 50% of our commission. A typical commission for a buyer's agent is about 2.5%, so a 50% rebate, equal to 1.25% of the purchase price, can save you thousands of dollars.
If you choose us to list your property we will charge you 1% of the sale price. You will also have to pay a commission to the buyer's agent of approximately 2.5%. That's a total of only 3.5%! A typical broker may charge you 5% or more to list your property, so our 3.5% commission could save you lots of money. If you need less than 3.5% to make a flip work, ask us.
If you want a Flat Fee Broker or if you are a For Sale By Owner (FSBO) seller we will provide à la carte services. As a Flat Fee Broker we would charge $249 to list your property on the MLS and can assist you with all the services you need before you close escrow, such as filling out the disclosures and other forms, and providing a lock box and yard signs.
Our commission rebate is available if you buy a home listed on the MLS or if you buy online through companies like Auction.com, Homesearch.com, Hubzu, Williams & Williams, and others, so long as they allow broker participation. The rebate is also subject to lender approval and may be restricted on FHA or VA loans.
Thank you for visiting our website. Kindly contact us if we can help you or if you have any questions.
Carl 'Tom' Hallen, Broker/REALTOR, BRE 01893150
© 2013 New Hope Realty, Inc.