Agent2Agent in Louisville>Question Details

Amy E Mateus, Real Estate Pro in Massachusetts

I have a client who is going to be moving to the western Massachusetts area but has to sell a condo she owns in Louisville, KY.

Asked by Amy E Mateus, Massachusetts Tue May 17, 2011

I want to recommend a really good seller's agent to her that will offer her a fair comission fee and will be agressive on selling her condo. Are there any agents out there who would be interested and also willing to pay a referral fee?

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11
Average time on the market for condo’s here is about 7 months including re-lists. I would suggest using a 7% commission which includes a 1% bonus to the selling agent. You didn’t mention a price range or if the community is FHA approved which could shorten or lengthen the marketing time. If they are FHA approved and if the most logical buyer profile fits that type of financing consider offering about 3% towards the buyer’s cc & pre-paids. This structure will still net the seller more than the current stats for sale price vs. list price. Currently they are running about 95% and that is based on the most recent listing, does not include reductions over the life of the listing. My guess is 7.5% to 10% total reduction from the initial list price. Even if you ignore the previous reductions 4% is less than 5% so the seller will net more. And this structure will give your client a distinct edge over comparable properties currently listed.
0 votes Thank Flag Link Wed May 18, 2011
Hello Amy,
Hi, my name is Karen Rodriguez and I have been in the real estate industry for 27 years in all facets, residential, leasing, commercial, new construction, relocation, management. I bring a lot of knowledge to the table. I am a certified relocation agent with Cartus and USAA, so have gone thru extensive education yearly on what is expected, to handle these transferring clients whether it be a buyer transferring into Louisville or a seller transferring out of Louisville. The condo market here is Louisville is slow and it will depend on location, condition, pricing, new or older unit, upgrades etc to price it aggressively. You will need a very aggressive agent that takes the home/condo to the public and not just depend on the MLS. We pay a 25% referral fee upon closing. I have a long list happy sellers and would glad to give you names if you would like to question my hard work. All my listings are advertised on all the internet sites, local newspaper, mailouts are continuous, open houses and weekly reports are given to all my sellers to keep them in the info loop on progress. Again, Amy, I would gladly like the opportunity to work with your client and keep you informed also. Thanks for the opporunity and have a super day!!
Karen Rodriguez, 502-643-2255, Servicing Your Real Estate Needs since 1984
Integrity Group Realtors,
Web Reference: http://www.KarenRodriguez
0 votes Thank Flag Link Wed May 18, 2011
Amy,
As an Alternative Broker you will find we willTo sell work work with your client on a very fair commission fee as well as work with you on a referral fee. I would leave the terms up to you.From the other comments you can see you have some very good agents to select from. The time frame of when your client needs to be in Massachusetts , when they will enter a contract with you and need to Louisville is really the base line to start from.
To sell a condo it helps to understand the condo lifestyle. 1) I love living in my condo and can't think of a better lifestyle that fits my needs . 2) My background in mortgage banking will allow me to guide the buyer over the landmines the new financial rules have laid that can blow a deal up quickly.
I look forward to speaking with you to see if we have a meeting of the minds ?

Ronnie Bramer
Broker-New Horizon Real Estate Group Inc
502-409-4311 ronnie@1change.com
0 votes Thank Flag Link Wed May 18, 2011
Condos are tough to sell in this market. With that said, the right price and aggressive marketing will produce results. Before taking the listing (and yes there would be a referral fee) I would ask for the timeframe and expectation. Positioning the seller and the property correctly will be key to reaching the overall goal.

-Mitch Thomas
502.345.5754
Web Reference: http://kwlouisville.com
0 votes Thank Flag Link Tue May 17, 2011
Amy-

I would love to talk with you more about helping your client get her condo sold. You can reach me anytime at the number below, or feel free to look me up on my website at http://www.ryansellslouisville.com. Thanks!

Regards,
Ryan Frey
Broker Associate
RE/MAX Opia
(502) 821-8569
rfrey@remax.net
0 votes Thank Flag Link Tue May 17, 2011
Hello Amy,

This is a challenging condo market. I currently have 2 condos listed; it is a very specific buyer and the values have dropped considerably since 2007. Terms, conditions and upgrades are very important.

Call or email me if you're still looking to find a company to handle the sale on this end.

Ton
0 votes Thank Flag Link Tue May 17, 2011
I would welcome the opportunity to assist your client in selling the condo in Louisville,Ky
I have been selling real estate "full-time" over 30 + years
We pay 25% referral fee of the listing portion back to you
Looking forward to helping you
Sue Moody GRI/CRS/CRB/LTG
Realtor/Broker
Re Max Associates
soldbysue2@aol.com
502-693-3443
0 votes Thank Flag Link Tue May 17, 2011
Amy,
I am a Realtor affiliated with Semonin Realtors. The largest, full service Real Estate firm in the Louisville area. I would be happy to assist you with your condo seller. Semonin does pay referral fees (I believe it is 20% of a 6% commision).
Please provide me with details of the condo... Address, bedrooms, baths, amenities, what your seller hopes to get the property etc...
I look forward to working with you,

Jodi Abend
Semonin Realtors
jabend@semonin.com
502-494-5473
0 votes Thank Flag Link Tue May 17, 2011
Kay Maum
Both Buyer and Seller
Louisville, KY
..BEST ANSWER
I would love to list her condo. Louisville is my home town. My sister and I opened are real estate company in 2008. We offer a personal touch to selling property in the Louisville area. I am an aggressive agent who works hard for our clients. i do offer a referral fee and would be glad to speak with you further about selling her condo. Please contact me at your earliest convenience at 502-299-3865 or kaymaum@prrealtyworks.com. Thank you.
Web Reference: http://www.kaymaum.com
0 votes Thank Flag Link Tue May 17, 2011
I would sure love to help her out! My name is Priscilla Sipes and I am with Semonin Realtors. She can call me at 502-409-3406 or email at psipes@semonin.com,thanks
0 votes Thank Flag Link Tue May 17, 2011
I would love to talk to you about it. You can call me at 502-599-9528 or email Stephanie@Semonin.com
0 votes Thank Flag Link Tue May 17, 2011
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