Are flat fee companies as reliable as full service 6% companies?

September 25th, 2008

Just like in any industry there are going to be professional and unprofessional companies in the industry. In the real estate flat fee sector you will most probably find the same. eClosed.com has worked in the industry with over 20 years of experience. All of our employees are licensed Realtors and are experienced in both selling and buying of real estate.

eClosed.com is not in the business of just placing a home on the MLS. We work with our clients to prepare a sales plan, and as active agents we are knowledgeable in the market. We provide services ranging from our basic package all the way to full representation for 1%, to effectively negotiate and close your escrow. With any package you will always receive phones support, to our direct cell phone numbers, to ensure you will always have your questions answered to help you get your home sold.

eClosed.com has built our company through our philosophy of communication as the number one priority in a successful home sale.

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How are mortgages and securities tied together?

September 24th, 2008

Mortgage Backed-Securities have become a major cause of the recent collapse of Wall Street Institutions. The cause is very intricate and the solutions will be even more important and difficult.  The different variables in how this is all tied together with mortgages is varied and complex. To get a better understanding visit this link below to get a generalized explanation of the relationship of loan types and the the securities they are tied to.

http://www.answers.com/topic/mortgage-backed-security

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Fannie and Freddie: Why they matter to you

September 9th, 2008

For more information on Fannie and Freddie Mac click on the link below.  In the video C.A.R. Executive Vice President, Joel Singer explains why Fannie and Freddie matter to the consumer. He explains the confusing role Fannie and Freddie Mac play in the housing market. 

http://www.car.org/newsstand/video-js-gse/

 

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Foreclosures push Inland home sales up, median prices down

August 25th, 2008

http://www.pe.com/business/local/stories/PE_Biz_S_dataquick19.3e7c8f3.html#

The market is very vulnerable in Southern California. Waiting until next year to sell your home, may lead to a lower sales price. Every neighborhood is experiencing different changes, but over all the market it adjusting to the spike in values we have seen, to return to a normal market. Short sales and foreclosures are the leading factors, reducing values and returning prices back down.

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How do I let agents know I am willing to compensate them for bringing a buyer.

July 28th, 2008

If you are willing to work with buyer’s agent, the only way to let every agent know is by putting your listing in the MLS. Every active agent uses the MLS to search for and find homes to show their buyers. By placing your home into the MLS database they will see your home, and the amount you will compensate them to bring a buyer and close the escrow. By not placing your home in the MLS you are simply wasting time and losing money in this market.

80-90% of homes are sold through the MLS, by avoiding this marketing avenue you are limiting yourself to less then 10% of the market share. Now with eClosed.com you can get your home listing on the MLS for a flat fee and save the listing commission !  CAll Today For More Details 619.861.6307 / 619.884.6590

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Why Should I Pay $299 For A Flat Fee Service, When I can get it in the MLS for $99

July 23rd, 2008

The adage you get what you pay for is certainly true in this case. Some companies will charge you only $99, and they will place you in the MLS. There are many things to take into consideration when choosing your flat fee service. Your home sale is a major transaction and in this market having people who are available and knowledgeable is paramount to keeping your transaction smooth and getting a successful close.

A few things to keep in mind when choosing the right company:

Are they placing you in the right MLS? There are many different MLS’s and knowing which one is correct is very important for your marketing. eClosed.com will make sure you are in the correct local MLS.

Can the flat fee company get me a showcase listing on Realtor.com? Some companies will only put you in the basic Realtor.com listing. This is because they have to pay Realtor.com for upgrading to a showcase. eClosed.com will put you in the Realtor.com showcase listing with our upgraded package. The benefit is you will be in the top of the list when people search and you get a custom enhanced profile.

Will they make free changes and give support? Many companies charge for changes, nickel and dimming their clients providing know support. eClosed.com will make changes for free, and will also look at what is going on in the neighborhood to help you decide on price and what commission is fair in the area.

Is there a time limit on the listing? Many companies will do a 6 month listing. eClosed.com has no limit. We are active in the industry and understand it is taking longer to sell a home, and we would never penalize or constrain our clients by having a time limit on selling their biggest investment.

How do I contact my flat fee company? Many companies will have a 1.800 number or an automated service. With eClosed.com you get our direct cell numbers bottom line. When you need to reach us we are available. Also regarding your property in the MLS, many agents will call the listing broker. When we answer those calls we will tell them to call the seller directly. If the buyer’s agent does call the broker and know one answers, that agent will most probably move on to the next property. This is a very important thing to keep in mind

Does it matter if the flat fee company is licensed? Yes it does! At eClosed.com we are all licensed and have over 20 years of experience in the industry. We want to help our clients sell their homes and save money in the process by streamlining the process. We are not looking for a quick buck.

These are a few things to consider when choosing a Flat Fee company. We have sold over 100 homes, so utilize our knowledge and experience when selling your biggest investment. We charge more then $99, but we want our clients to sell their homes successfully. Call us today for a free consultation. 619.861.6307 / 619.884.6590

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Is a Flat Fee MLS Listing the Right Choice For Me?

July 18th, 2008

At eClosed.com our mission is to help home buyers and seller reach their real estate goals. We have taken our 20 years of experience and stream lined the buying and selling process, and we are proud to have successfully sold over 100 homes. When selling your home there are many things to consider and many steps to take to protect your legal and financial obligations. Some home seller’s may need a Realtor to sell their home due to their circumstance, but for many eClosed.com is the right choice.  The majority of homes are sold through the MLS and Realtor.com by a buyer’s agent. So for your dollar there is no better place to market your home.  To protect your sale and ensure a successful close we also provide full seller’s  representation for only 1%.

Whether eClosed.com is the right choice for you depends on many factors, call us today for a free consultation to see if we are the right choice.

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Why rentals work as well on the MLS & Realtor.com

July 14th, 2008

Get the maximum exposure on the MLS & Realtor.com for your rentals. The MLS rental section allows home owners to pay a Realtor a flat fee to bring a renter to you ( the fee is determined by the home owner and can be a flat fee or percentage of the rent price) this fee is only payable upon a successful rental.  Realtors are working with buyers and renters everyday and are a great source to get a qualified renters.  In turn Realtor.com allows the general public to search for rentals on their website. Averaging over 5 million customers a month, ther is no better source to expose your rental unit or home.

eClosed.com now provides access to this rental service, call us for more details.

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Why do I need my property advertised on Realtor.com?

July 9th, 2008

By placing your home on the MLS you will be inputted into Realtor.com. This is the only way to get your home onto the Realtor.com website. The benefits with Realtor.com is it is the number one real estate website which gives access to the public. “Realtor.com has been in the No. 1 position for more than 10 years, and as recently as March Realtor.com had 6.2 million unique visitors. It’s not unusual to see a 300 percent difference in the amount of time people spend here compared with other sites.” -Errol Samuelson (Realtor magazine 7,2008)

As paper ads are disappearing due to soaring costs, Realtor.com is the best location to advertise your property to the public. With eClosed.com’s flat fee your home will be on the MLS & Realtor.com for as long as you need, with not additional cost.

80-90% of homes are sold through the MLS and Realtor.com, the choice is simple. Call today 619.861.6307 / 619.884.6590.

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How will I get showings from the MLS (Multiple Listing Service)?

July 8th, 2008

For years the majority of real estate offices and companies have all cooperated and put their listings in a data base. Buyer’s agents would search these data bases called the MLS, for homes to show to their buyers. In regards to your flat fee MLS listing nothing has changed. You have now exposed your home via the MLS to thousands of buyer’s agents searching for properties for their buyers without having to pay a 6% listing fee.

Your contact number will be in the listing, and buyer agents will call you directly to set up showings. One key thing to remember, is that agents often do a last minute search prior to setting up the homes to show their buyers, in case a new home has been listed on the market. For this reason it is very important to make showings as easy as possible so you don’t miss out on a showing and they choose another home.

The important factors to remember is to always answer your phone, make showings easy, and keep our home presentable at all times. You never know when the next buyer’s agent is going to call to set up a showing and you never want to miss out on a showing.

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