FAQs
- What should the customer know about your pricing (e.g., discounts, fees)?
In real estate, the seller is normally the one to pay the broker's commission. The real estate commission is 6%, which can sometimes be negotiated if the sales price is in excess of $2million. In some special cases, the buyer will pay the commission, but this is rarely the case.
- What is your typical process for working with a new customer?
First, we will go over the customer's needs. If they are a seller, I will meet with them at their property to get a feel for the features that the home offers. I'll also take photos at this time. Once the tour is done, I'll go ahead and create a Competitive Market Analysis, which basically is a report of all similar homes in the area that have either been sold, are pending a sale, active, or expired, so that I can see what the general market price should be for that home. After agreeing on what we should price the listing, we will then go over signing a listing agreement so that I can start marketing the property and getting it ready to hit the market. If they are a buyer, we will meet (in person or over the phone during COVID) to discuss what it is they're looking for exactly. If needed, we will also discuss financing options. I will then put together a group of listing that I think fit their needs, and send them over for review. I will also sign them up to receive automatic notifications whenever a new listing hits the market that fits their needs. From there, we will tour homes until we find the perfect one for them!
- What education and/or training do you have that relates to your work?
I am a licensed real estate broker in the state of Washington.