Check out this great video tour of 4714 Crofton Place!
It is definitely a buyers’ market right now; however, most buyers don’t buy until prices starting going back up!
What’s the Deal?
Pre-sales units sold by the developer typically sell at the list price with little or no negotiation room. In the past buyers had two options. For example, if a buyer was interested in a $300,000 pre-sale condo he or she could visit the developer’s showroom and enter into a contract for $300,000 – in this situation the buyer has no representation. Option two was to use a buyer’s agent (REALTOR®), the buyer would still enter into a contract for $300,000; however, the developer may pay the buyer’s agent a commission of 3.0%100k + 1.5%balance* or $6,000. As you can see, developers prefer to generate sales directly from the showroom as they don’t have to pay out a commission. Most developers count on approximately 70% of their sales being directly through the showroom as it is their direct benefit.
How does the Pre-Sale Cash Back Offer Work?
The Pre-Sale Cash Back Offer works by you using my services to represent you on your pre-sale purchase. I’ve made it very simple, I keep the commission on the first $100,000 and I give you the remainder of the commission on above $100,000. Not only are you able to achieve the best possible net price; you also receive representation from an experienced pre-sale REALTOR® who can help guide you through the process while avoiding common pitfalls. Please view the video below for more information.
|Sale Price||Typical Commission Buyer’s REALTOR®*||Marko’s Portion||Cash Back|
Location, location, location…..expensive real estate in Croatia (in certain places).
Mike sold his home successfully using my Flat Fee MLS® package and saved $16,700 in commission (based on 6%100k + 3%balanace).
Slow and steady!