Agent

Home seller should rethink listing with discount broker

Marketing exposure a top concern
Published on Jul 31, 2006

DEAR BOB: My wife and I are thinking about listing our $425,000 home for sale with a real estate agency, which charges a $1,995 commission. They will list our home for 30 days. During the 30 days, we can sell the home ourselves or if they sell it, we owe only $1,995. If another broker sells the home during the 30 days, he would write in his sales commission on the offer, subject to our approval. During the 30 days, the listing agency will put a for-sale sign in our yard with an information box with flyers about our home. We would have to show our home to potential buyers if the listing agent isn't available to show it. Our home will not be in the local MLS (multiple listing service) until after 30 days if it doesn't sell by then. This agency claims to be a full-service real estate firm. But their competitors put their listings into the MLS within 24 hours after listing. Do you think we should list with this firm? --Don S. DEAR DON: According to statistics from the National Association ...

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