I love getting information from real estate agents. They always know the trends. Spoke with a realtor in Georgia last week.
He mentioned that investors are still buying everything up. However, he said that investors are not buying much over 100K in the Atlanta region. Some of them are from places like Australia and they only buy starter homes. After they buy them, they go back home and sell them to people who want to invest in American properties. They set up the property managers and everything else so it’s an easy sell.
Am I greedy? I don’t think so. I am pretty generous in many ways. So am I greedy to think about pocketing a 3% commission and going it alone?
I don’t know. Listing agents nowadays have it pretty easy. A house in the burbs of Atlanta [in the same neighborhood of a house that goes up for auction on our site in December] sold in 7 days. 7 days people.
The listing agent didn’t really have to do anything but list it on the MLS. It’s in a super nice neighborhood so it sells itself really. They scored a $12,000 paycheck for listing in a seller’s market. Should you save your dough and list it yourself?
We are an innovative bunch at Plum Genius. We’re a little unique, we admit it. We have thoughts like, “make money from the sale of your house and from software.” Double dipping is the way to go.
Here’s how it works. License our software, and then make money from the temporary licensing fees you charge buyers. Microsoft has been doing this a long time so this is nothing new.
By letting buyers use the software to pre-qualify for your property (a.k.a. the terms and conditions/contingencies), and letting them have a transparent platform to make offers on, you can reap big rewards from the technology. You are providing a service and you should make a profit doing so.
Call us. We can talk about it.
Yes…and no. It depends on how much time you have in your schedule. Think about the things you must take care of: listing your house on the MLS, answering calls from prospective buyers and sales people (like us), setting appointments , negotiating a deal and handling the contract; and the risk of buyers wanting to deal only with agents. If you can handle those things, go for it!
But you shouldn’t sell it yourself if you don’t have time or the desire to enter the world of customer service. Sales is not for everybody. If you don’t enjoy it, let us help.