New Jersey Real estate agent Resources

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New Jersey Real estate agent Article Summaries

How to Become a Real Estate Agent
By: Andre McFayden, Ph.D.: The process of becoming a real estate agent is fairly simple, although it does vary a lot from state to state. Here a... when he or she pays an annual fee to the National Association of REALTORS® and subscribes to its Code of Ethics. The ag...

Customer Service – the Real Estate Revolution
By: Glenn Murray: Traditionally, real estate has been viewed as a sales industry. But perceptions are changing. Agents around the countr... like to hear…).Agents with business sense know that if they can provide this customer service – if they can pioneer gre...

A Singles Game of Real Estate
By: Dan Auito: This discussion leans toward answering questions asked most often by our youthful men and women in there early twentie... you must earn to qualify for what appears to be an unaffordable loan. Seventy-five percent of $750.00 equals $562.50. N...

How To Find a Real Estate Agent
By: Alex Fir: You may be of the opinion that you don’t need a real estate agent and that using one will add to the cost of buying yo... does the agent have about mortgage markets? About the Author Do you need business or finance information? Visit "Busi...

Top Ten Suggestions for Selecting a Real Estate Agent
By: W. Troy Swezey: In order to find a real estate broker or agent who meets your needs and makes your buying or selling experience a posi... a novice.

An experienced agent may have more insight, but a new agent may have innovative ideas or more energy...

Featured Article

Flat Fee MLS Listings - Is this the future of real estate

Richard Massey

Realtors are all a buzz about this new form of listing houses on the MLS (multiple listing service). Some feel it creates more work for the buyers agent, while others see this as a way to tap into the For Sale By Owner market.

It use to be when you made the decision to sell your home, you essentially had two methods available to you. You could list your home with a traditional real estate company and pay 6-7% commission or you could try selling on your own "for sale buy owner".

Research shows that nearly 50% of all home sellers start out trying to sell their property on their own. Although some home owners are successful with FSBO, according to the National Association of Realtors (NAR) home seller survey, only sixteen percent of sellers actually sell their home without exposure on the MLS. And many of them end up giving away their commission savings to the buyer to close the deal.

Realtors tend avoid for sale by owner properties because they are working with buyers and have no written agreement to be compensated. If the seller has not agreed in writing to pay a commission to the agent, the buyer could cut the agent right out of the deal and negotiate directly with the seller. It happens....

With flat fee MLS service, the seller has agreed in writing to pay a commission, usually 3%, to the buyers agent. This motivates Realtors to bring the seller a buyer.

How it works:

Real estate commissions by law are negotiable. In a flat fee listing, the listing agent agrees to a flat fee instead of a percentage of the sale price. This can be anywhere from $300-$600 for the service of adding your house to the MLS. Then you choose how much to pay the buyers agent in commission for bringing you a buyer (typically 3%). So in the sale of a $200,000 house you would pay $6,000 plus the flat listing fee, saving a close to $5,700 in commissions. The plus side is in the listing agents contract, the right to continue advertising you house FSBO. So in the event you find a buyer without an agent you save on all commissions and only pay the flat listing fee.
- What do you get with flat fee MLS listing:
- Advertise your home on Realtor.com®
- Market to buyers working with a Realtor® through the MLS
- Market to Buyers working without a Realtor®
- Retain your right to sell your property by owner
- Avoid paying any real estate listing commission by paying a flat rate or fixed fee upfront
- Only pay a commission if a buyer's agent sells your home
- Why would a listing agent want to do this?
For real estate agents this can be an opportunity to increase revenue by listing more homes. There are many people who refuse to use realtors because of the 6-7% commissions, but are more than willing to pay 3%. With the increase of internet marketing, realtors can reach more people because all they are offering is to list the house on the MLS. Services are minimal and the listing agent really won't be trying to find a buyer for you, but rely on the buyers agents. This allows them to list properties in a larger area and in some cases in other states.

With the increase of house prices, is the 6% sales commission going to survive or will flat fee listings be the wave of the future. Only time will tell...

Richard Massey is a note broker with United Financial Resources and a real estate investor. You can get more information at http://www.unitedfinancialresources.com or to read more articles go to http://unitedfinancialresources.com/news.html

New Jersey Real estate agent Resources
Check below for additional New Jersey Real estate agent Links and Information
Hidden Cost; Cherry Hill New Jersey Real Estate
Cherry Hill New Jersey Real Estate; Cherry Hill Homes for sale in South Jersey; Cherry Hill New Jersey info on buying a home; Weichert Realtors; Longs and Foster Realtors; Remax of Cherry Hill; Prudential Fox and Roach Realtors; Coldwell Banker; ...

Real Estate New Jersey homes for sale plus Million Dollar Mansions
An exquisite New Jersey real estate site with listings and photos of Northern New Jersey Homes for Sale with dozens of informational pages on topics such as mortgages; buyung or selling your home; calculators; school info; tax appeals; PMI - ...

New Homes; Cherry Hill New Jersey Real Estate
Cherry Hill New Jersey Real Estate; Cherry Hill Homes for sale in South Jersey; Cherry Hill New Jersey info on buying a home; Weichert Realtors; Longs and Foster Realtors; Remax of Cherry Hill; Prudential Fox and Roach Realtors; Coldwell Banker; ...

Mercer County New Jersey Real Estate - New Jersey
... The seller is a licensed New Jersey real estate agent. 1 time capital contribution fee of $250 quarterly. $ ...

Burlington County Real Estate Agent; Camden County Homes for Sale; Moorestown NJ Realtor
... Realtor ®. Licensed New Jersey Real Estate Agent ...

New Jersey Real Estate Professionals Directories
New Jersey Real Estate Professionals Directories

New Jersey - Contact a Real Estate Agent .com
Contact a Real Estate Agent .com - Where buyers and sellers find their real estate agents online

Ed Chaparro - Licensed New Jersey Real Estate Agent
Metuchen; Edison and other Middlesex County real estate property listings and mortgage calculators; sold by Ed Chaparro; your real estate professional.

Real Estate New Jersey - Northern New Jersey Homes for Sale
Homes for sale in Northern New Jersey plus Million Dollar Mansion Special Section

Aronovich; Marina - Coldwell Banker
serving real estate needs of Central New Jersey; including Middlesex; Monmouth; and Mercer counties and surrounding areas. New Jersey - East Brunswick - Real Estate Agents - Residential

Risso Realty - Brigantine New Jersey Real Estate - Agent Roster
Risso Realty; serving the real estate needs of Brigantine; New Jersey; and the surrounding suburbs.

CENTURY 21 Alliance - New Jersey Real Estate - Agent Roster
CENTURY 21 Alliance; serving the real estate needs of Southern New Jersey; covering from Bordentown New Jersey to the shore

Bergen County NJ Real Estate; New Jersey Real Estate
Bergen County NJ Real Estate. Batia Rotman; a Real Estate Agent for Plawker Real Estate. All areas of Bergen County & areas of Hudson County. Fort Lee; Alpine; Hackensack; Creskill; Englewood Cliffs; Tenafly; Englewood; & more!.

Butierrez; Ivan - Boraie Realty
boraierealty; nj; homes; Boraie Realty;real; estate; professional serving Middlesex; Somerset; Mercer counties in New Jersey; residential; commercial; buy; sell New Jersey - Dayton - Real Estate Agents - Residential

Real Estate: Succasunna; Roxbury Township; New Jersey - House for Sale
... Whether you have a New Jersey real estate agent or don't have a New Jersey real estate agent; it may be ...

Charlie Frank ; Broker/Sales Assoc.; Prudential-Fox & Roach Realtors;hamilton;Hamilton Square;mercer county; NJ
realestate;real estate;realtor;agent;broker;hamilton; hamilton square; princeton; mercer county; new jersey; professional; commute; commuter; princeton;fortune 500;fox;property;properties;investment properties;lawrenceville;trenton;mercerville;...