The Listing Presentation
At a convenient time to you. I will meet with you to give a “listing presentation" without any obligation to hire. I will present my qualifications, explain how I will market your home, and most importantly provide you with a comparative market analysis (CMA). The CMA details information on past sales in your neighborhood, homes that didn't sell and homes that are currently for sale. I will use the CMA, market statistics and their knowledge of the neighborhood to help you set a price for your home. I can also prepare an estimate of the net proceeds you will receive when your home sells. This is based on the suggested sale price of your property and any financing you have in place.
The Listing Contract
Once you have selected to use Tom Kotarac, you will need to sign a listing contract in order for me to list your property for sale on the Multiple Listing Service (MLS®), a central database of properties for sale that is available to REALTORS®.
The contract will contain:
- The price of the property.
- The address and legal description of the property.
- The existing financing arrangements.
- A list of items (known as fixtures/chattels) that will not be included in the sale, i.e., a light fixture.
- The commission amount.
- The expiry date of the listing contract.
I will also get you to fill out a Property(Sellers)Disclosure Statement, a form where you indicate the condition of your property to the best of your knowledge.
Tom Kotarac's Fees
I work on a commission basis and only receive payment upon the successful sale of your home. The commission can be a percentage of the total sale or a flat rate.