If you are a regular reader, you know that Domicile One Realty prices our listing sides a bit differently from the pack. Where others might charge a seller a 6% commission on the sale price, we allocate 3% to the listing agent not to exceed $3950 plus 3% of sale to the buyer’s agent. No fees at all. It is the “not exceeding $3950” that makes such a huge difference. This means that if your home sells in excess of $133,000, you will be saving money by listing with us when compared to a 6% commission structure.
So what about the $43 million in the headline? While preparing my year-end housing report, I wondered how much sellers would have saved if every single 2017 sale in Johnson County had been listed by Domicile One. I compared our prices with those at a 3% listing side and I even reduced that percentage to 2% for properties over $500,000 just to be fair. The comparison is dramatic to say the least.
$78,131,980 versus $34,293,900 translates to a consumer savings of $43,838,080
What would it mean if that money was put into the KC Metro economy. School tuition… Goods and services…Business startups…Charities…College Funds…Savings Accounts and rainy day money. The list could go on forever.
A 6% commission is so entrenched in the minds of most consumers, they don’t often think about where that money could be going and is it a sensible payment for services with today’s technology? We hope you invite us to be one of the Realtors you interview when it is time to sell. We will go over our services list, marketing plan and the very important net proceeds so you will have all the information put in front of you. What will you do with your savings?
Terry Jackson | 913-488-5623 | www.DomicileOne.com | Terry@DomicileOne.com
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