It looks to me that you are a home seller looking to get the "mostest" for the "leastest".... oh well don't we all. Some tidbits for thought for YOU:
a) Realtors are licensed Professionals, with an enormous amount of expertise and knowledge in their particular markets, and they have constant expenses to run their business, and just imagine - surprise surprise, they do not want to work for FREE they just like everyone else need to make a living, but
Realtors do not get paid until they close with a loyal client on a property!!!!!
b) Question for YOU, would you expect your Attorney, CPA, Dentist, Family Doctor and similar provide you with their services without payment? Of course not, many take your co-pay minute one and your insurance info, or an initial min. payment like Attorneys and then bill you as they continue to provide services to YOU.....
So now back to your various questions....
Why would you want a 6 months or less contract? (Remember the Realtor will decide based on your local market, style and size and price range of your home, upgrades/updates, lot size and how well your home will show in the current market, how long it will take potentially to have a contract on the home, 6 months may be a good time, but the Realtor could very well estimate that it may take longer!
And it will then also all depend what asking price you the seller will agree to......
You own and love your home, but the Realtor will look at the home in relationship to the comps and
how a potential buyer will look at the home, it is a different perspective~
Furthermore remember when you interview and meet first with a local Realtor, that Realtor also is
interviewing YOU, in other words the experienced Realtor will determine how serious you are about
selling your home, and how agreeable you are to the pricing and preparation of the home for a reasonably quick sale.....
A licensed Realtor / Real Estate Brokerage WILL NOT LIST A HOME FOR SALE WITHOUT A
CONTRACT, it is a legal transaction, and lots of money involved in the sale price and the closing fees, and yes the marketing and advertising fees and enormous amounts of time involved on the side of the Listing Agent/Office, absolutely a listing Agreement will be necessary!
What is the commission Rate now! Well this is another problem NO REALTOR SHOULD ANSWER THIS QUESTION, why BECAUSE ALL commissions in a listing agreement are negotiable and
therefore there is no current rate! Furthermore the rate itself often depends on the needs of advertising, marketing, open houses, etc. etc., i.e. depends on the efforts the listing office/agent has to make in order to get the home sold, some properties require more than others. The commission and what the services are that it includes will be discussed with you by your listing agent before
signing a listing agreement...and will be in writing.
I hope this explains it a bit better for you. And always remember, as with everything else in life,
YOU GET WHAT YOU PAY FOR.....
Good Luck to you!
Sincerely yours & a Great Day to YOU
@Properties â€“ 30 Green Bay Rd, Winnetka, Il. 60093
EdithSellsHomes@gmail.com WEB: http://tinyurl.com/YourRealtor4LIfe
City of Chicago,N&NW suburbs; also W&SW subs â€“ NORTH SHORES Fine Homes
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