John Prell

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John Prell,  in Texas
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About Me
John Prell is the founder and owner of Creekview Realty, a non-traditional real estate brokerage serving 14 major MLS markets in Texas. He is a licensed broker with more than 30 years of real estate experience, including investing, hard money lending, residential and commercial construction, renovations, consulting and brokerage.
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John Prell's Answers (3)

what is the best time to sell a house in the carrollton texas area?

John Prell answered:
In my experience, a home that is priced correclty will sell, regardless of market conditions or the time of year.

Check out our pricing guidelines at http://www.creekviewrealty.com/valuation.html or give me a call at 214-OWN-HOME (214-696-4663) before you list. - Thu Nov 1 2007, 11:48
John Prell answered:
B.J. - Stop! Don't do anything until you've checked out our website at http://www.creekviewrealty.com.

What you've experienced with the Buyer Specialist is not uncommon. We hear comments like that about "realtors doing nothing except waiting for me to call" from our clients - both buyers and sellers - all the time.

Once a seller gets up to speed on how the real estate business works, he or she knows it is not necessary to pay 6% to sell a home. And for the purchase of your new home, if you are willing to do the legwork, you can get a rebate of 2% of the 3% commission that the buyer's agent would get.

We work with clients in a variety of ways, but most pay a flat fee of $495 to list on the MLS and get a 2% rebate when they buy a house.

Let us know if we can help answer questions specific to your situation. You can reach us at 214-OWN-HOME (214-696-4663). - Thu Nov 1 2007, 11:35

Is the 6% commission std in Dallas, or are realtors willing to negotiate?

John Prell answered:
Just to clarify Yameen - While the 6% commission rate is negotiable, the buyer's agent will still expect to receive the "standard" 3% commission for bringing a buyer to the home. These are the terms of almost all listing agreements. If the listing agreement states that anything less than 3% will go to the buyer's agent, a buyer's agent may pass up the opportunity to show the home in favor of showing one that guarantees a 3% commission.

A high percentage of our clients sell their homes without paying any commission at all, because we refer all buyer calls directly to the seller. The math speaks for itself. On a $500,000 home, a flat fee of $495 to list on the MLS through Creekview Realty would result in considerable savings. - Thu Nov 1 2007, 10:55
Hi Yameen - Did you know that you can sell a home and save $$$ on commission fees by working with a non-traditional real estate broker? Many people are not aware that you can list on the MLS for a flat fee and avoid paying commission fees altogether.

This listing strategy gives you the savings of FSBO but with all of the benefits of working with a traditional realtor. As a buyer, you can actually make money when you buy a home, in the form on commission rebates.

Since you are buying and selling multiple properties every year, you could save thousands of dollars with each transaction.

Check outhttp:// www.creekviewrealty.com and let me know how I can help. - Wed Oct 31 2007, 09:41
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