Ava Terry

Listing with a traditional real estate firm, you usually agree to pay a listing commission (say for example 6%) which is due at settlement and deducted from the proceeds of your sale. Half of that fee is the "listing portion" of the commission (3% in this example) and this amount goes directly to the firm that lists your home in the MLS. The other half, the "selling portion" or "buyer agent's fee" of 3% goes to the real estate agent who procures a buyer for your home. If the listing agent sells your home without a buyer agent's involvement, their company gets the entire 6%.

With the North Alabama median average sales prices approaching $200,000, many sellers are simply on willing to pay a real estate agent a commission of A $12,000 to sell their home. Because while 6% of the sales price of your home may not seem like a large percentage, it usually translates into a much larger percentage of your home's Equity is the amount of cash you get to keep after the expenses of the sale have been paid. It's the bottom line.

We are taking Discount Brokerage to a new level. Instead of charging a percentage commission for each transaction, Avar Realty offers services for a flat fee from a menu of services that home owners can choose from.

Our business model calls for a smaller office staffs compared to the traditional lower overhead costs, and the savings is passed on to you the homeowner.

We maintain a first class image. From our truly artful signs and logos to the MLS listing that comes free with our flat rate, we give our clients more than any other discount real estate broker ever has. And our clients recognize that they are getting a real bargain.

Best part is that your property will reach literary thousands of real estate professionals - greatly increasing your selling opportunity. Remember our goal is the same as yours- to get your home sold!

Real Estate Professionals: The Avar Realty system is designed to save the seller money. There is no impact on the selling agents side of the sale and we fully cooperate with all realtor's in the common goal of serving the clients best interest.

A bill just passed the senate that will be a great way for you to entice your buyers to BUY NOW! We will be waiting as this legislation is sent to Congress and finally the President's desk for the final signature.

Here are some of the things that this bill would do:

• Provide a direct tax credit to any one who purchases any home!
• Amount of the tax credit would equal 10% of the purchase price or $15,000, whichever is less
• Purchases must be made within one year of this legislation being enacted
• This tax credit would not to be repaid
• Taxpayers would be able to claim the credit on their 2008 income tax return
• This will only apply to the purchase of a principal residence
• The Credit would be recaptured if the home sold within two years of purchase
• This would sunset the current $7,500 housing tax credit on the date of enactment
  

Check with your preferred mortgage specialist to find out what information they have on this exciting possibility.

Corcoran Consulting Inc. SM www.CorcoranCoaching.com Info@CorcoranCoaching.com Phone: 1-800-957-8353

I just received this email. If this becomes law. Home buyer will get a big boost in the arm. Sellers listing with traditional or flat fee realtor such as Avar Realty we reap benefits from this huge incentative plan. There is a big difference between a tax credit and a tax deduction. Tax credit is real money! Tax deduction is just reduces tax liability.

Sold Terms and Days on Market Statistics

Statistics for Entire MLS from 01/01/2009 to 01/31/2009

Supplied by Avar Realty. Avar Realty offers flat fee and discount MLS brokerage services.

Avar Realty is the premier flat fee discount mls broker agents for north Alabama. We are affiliated with the HelpMeSell Network. Seller may list property free on our website www.HuntsvilleFlatFeeMLS.com

1) Put Your Self in the Buyers Shoes. Imagine you are the potential buyer. What questions would you ask? What are the positive features in your home? What are the negative features? Be prepared to overcome these objections. Understand that the potential buyer is looking for reasons not to buy! Use this information to your advantage and have a counter move prepared to overcome the objection.

2) Expose Your Home to the Maximum Number of Potential Buyers. The more people who know your property is for sale the more potential for offers. Remember maximum exposure will create the possibility of multiple offers. This allows you to pick the offer that is best for. Listing in the MLS will literally expose your property to thousands of professional trying to get your property sold.

3) Maximize your homes sale potential
Appearance is critical, and it is foolish to ignore this when selling your home. You may not be able to change your home's location or floor plan, but you can do a lot to improve its appearance. The look and feel of your home generates a greater emotional response then any other factor.

Clean like you've never cleaned before. Pick up, straighten, uncluttered, scrub, scour, and dust. Fix everything, no matter how insignificant it may appear. Present your home to get a "wow" response from buyers.

4) Allow the buyers to imagine themselves living in your home
The decision to buy a home is based on emotions, not logic. Prospective buyers want to try on your home just like they would try on a new suit of clothes. If you follow them around pointing out this improvement and that or if your decor is so different that it's difficult for a buyer to strip it away in his or her mind this makes it difficult for them to feel comfortable enough to imagine themselves owners.

5) Make it easy for Buyers to get information on your home
Buyers calling for information on your home probably are looking for information on your property. The last thing that they want to be subjected to is a game of telephone tag. Make sure your phone has a voice mail message that give the highlights of your property, also tell them to please leave a return phone number for further information or to request a private showing

6) Know your buyer
In the negotiation process, your objective is to control the pace and set the duration. Does he or she need to move quickly? Does he or she have enough money to pay your asking price? Knowing this information gives you the upper hand in the negotiation because you know how far you can push to get what you want.

7) Make sure the contract is simple
For your part as a seller, make sure you disclose everything. Smart sellers pro-actively go above and beyond the laws to disclose all known defects to their buyers by putting them in writing. If the buyer knows about a problem, he can't come back with a lawsuit later on. Make sure that all terms, costs and responsibilities are spelled out it the contract of sale and resist the temptation to diverge from the contract. For example, if the buyer requests a move-in prior to closing, just say no. Now is not the time to take any chances of the deal falling through.

8) Don't move out before you sell
Studies have shown that it is more difficult to sell a home that is vacant- it looks forlorn, forgotten, simply not appealing. It could even cost you thousands. If you move, you're also telling buyers that you have a new home, and are probably not highly motivated to sell fast. This gives them an advantage at the negotiating table.

9) Know why you're selling and keep it to yourself
The reasons behind your decision to sell affect everything from setting a price to deciding how much time and money to invest in getting your home ready for sale. What's more important to you: the money you walk away with, or the length of time your property is on the market?

Different goals dictate different strategies. However, don't reveal your motivations to anyone, or they will certainly be used against you at the negotiating table. When asked, simply say that your housing needs have changed.

10) Do your homework before setting a price
Settling on an offering price shouldn't be done lightly. Once you've set your price, you've told buyers the absolute maximum they have to pay for your home, but pricing too high is as dangerous as pricing too low.

Remember that the average buyer is looking at 10-20 homes at the same time they are considering yours. This means that they have a basis of comparison and if your home doesn't compare favorably with the others in the price range you've set you won't be taken seriously by prospects or agents. As a result, your home will sit on the market for a long time and knowing this, new buyers on the market will think there must be something wrong with your home.

Do your homework. Find out what homes in your own and similar neighborhoods have sold for in the past six months and research what current homes list for. That's certainly how perspective buyers will assess the worth of your home.