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SELLER FAQs
Q. How is NCaHome different from traditional real estate companies? A. Under California law, all commissions are negotiable -- most rewal estate companies don't like to volunteer that information to cunsumers. Unlike typical real estate companies that charge 6% of the home's sale's price as their commission, NCaHome charges only a fixed fee (starting from $3699) to represent a Seller, and only 1.5% to represent a Buyer.
Q. How are most homes sold? A. Times have changed--with the proliferation of the internet, the days of newspaper/magazine advertising and open houses as effective marketing tools are over. Today, over 90% of all homes are sold through the Multiple Listing Service (MLS) and secondary internet resources (like Realtor.com, MLS IDX feeds, etc.). A strong internet presence is critical--because chances are the Buyer or the Buyer's agent will first see your house by searching on the internet.
Q. Will my home be listed on the MLS? A. Yes. NCaHome is a member of the National Associatoion of Realtors, the California Association of Realtors, and numerous local/regional realtor associations, and NCaHome suscribes subscribe to the local MLS. You listing will be on the MLS. But not only will your listing be on the MLS, it will also be displayed on numerous internet wesites, including Realtor.com and the MLS IDX feed.
Q. Who pays the commission in a residential real estate transaction? A. The Seller pays both the listing (Seller's side) and co-operating (Buyer's side) commissions. Traditionally, the total commission was 6% -- in other words, 3% per side. NCaHome has chaged all of that, by introducing a low fixed fee on the listing side, and by charging only 1.5% on the co-operating side. That way, the Seller can save thousands in commissions. And, even though the Buyer doesn't pay the commissions, the Buyer wins, too---in the form of a much stronger/more atrractive offer, a credit from Seller, etc..
Q. Can other agents show NCaHome lisitngs? A. Yes, all NCaHome listings are listed on the local MLS and available for all subscribing Realtors to show.
Q. Can NCaHome help me to buy a home? A. Yes, NCaHome can show and help you buy any residential home, regardless of which company may have listed it. NCaHome charges only 1.5% commission--so it makes sense to use NCaHome.
Q. Can I begin looking for my next home while my current one is being marketed by NCaHome? A. Yes, our website is avaiable for you to start your search and NCaHome can begin showing you homes almost immediately after listing your home.
Q. What about buying new construction? A. In most cases, NCaHome can represent you when purchasing a newly built home. The answer depends on the builder -- home builders have their own individual policies regarding co-operating brokers.
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