3 reasons why it should cost less to sell your home.
- The use of technology is allowing real estate agents to work more efficiently than ever before.
- The internet has made it easier for agents to connect home buyers with sellers.
- The value of real estate in the Lake Travis area has brought commission-based sales up to record high levels.
In other words, the cost and amount of time it takes to sell real estate has been going down. The price of real estate and commissions paid by sellers has been going up.
Now, there's a better way to sell your home. You don't have to pay your listing agent a commission based on the sales price of your home. But you can still get full service with an experienced agent.
And here's why ...
38 hours spent working on a real estate transaction.
Representing one seller.
After 38 hours I was at the closing table with my client.
Now, all those hours weren't put in one week's time. It was time accumulated over a 46 day period and not a dime would be paid until after closing.
The stack of closing paperwork was signed and delivered. We waited for the lender to confirm the loan was funded. And then I was handed a check.
The title company (on behalf of the seller) just cut a check in the amount $21,750.
I quickly did the math. That's $572 per hour for selling a $725,000 home.
And then it hit me. It was time to change long-standing routines.
The time & expense approach to selling real estate.
I’ve been at this closing table before. Over the years, I've been here hundreds of times. But the past 3 years have brought major changes to how real estate gets done.
A successful, experienced listing agent with systems in place will continually track expenses and the amount of time spent working to sell homes. I'll share this — the hours never vary by much ... nor does the marketing plan and expenses incurred to sell homes priced in the range of $200,000 to $800,000.
At my next closing, the paycheck I received for my work was $10,410. This time, I spent 36.5 hours representing a seller with a property that closed for $347,000. That's $285 per hour.
A high-level executive making over $400,000 per year is paid approximately $200 per hour.
Is your real estate agents time and effort worth more than someone who makes $400,000 per year?
More importantly … why did the seller of the $725,000 property have to pay $11,340 more than the seller of the $347,000 property when time and expenses were nearly equal?
The new way residential real estate gets done.
As of this moment, Todd Hower Realty has one of the best ways for you to sell your home and keep more of your hard-earned equity.
We are not a discount broker. A lower overhead business model and employing technology have allowed us to become more efficient and generate cost savings that we pass onto clients.
When it's time to sell your home, you can ...
- Sell it on your own.
- Find a broker/agent and pay them 5% to 6.5% (or more) of the sales price in commissions.
- Sell with Todd Hower Realty and only pay a $5497 listing fee.
Now, you and I know that talk is cheap. So put it to the test. Not only will Todd Hower Realty sell your home — with full service, a proven marketing strategy, and solid results — you'll leave the closing table with more of your hard-earned equity in your pocket. And that's where it should be.
I'm Todd Hower, and I'm working really really hard to be your Realtor.
93.3% of homes listed with Todd Hower Realty sell in 49 days or less.
Our clients save an average of $8,208.00 when selling a home.
Click the button below to learn how you can sell with Todd Hower Realty and only pay a $5497 listing fee.