Sold by you has the primary mission of assisting owners in selling one of the biggest assets they own. We are a limited representation broker that will list your home through the MLS and the internet data exchange, which provides your listing details to primary public sources such as Zillow, Realtor.com, Homes.com, and so many more.
We have streamlined the items you need to list your home through prep and staging advice, the ability to search through comparables to assist in determining your list price, professional photography, yard sign, offer communication directly with the buyer, and ultimately guidance through the escrow process to obtain the ultimate goal, the closing table.
An analysis in 2024 from the Flex MLS shows that the average sales price in the Phoenix Metropolitan area is $561,513. With standard real estate commissions of 6%, which is 3% to the listing broker and 3% to the buyer's broker, that brings a cost just to list your home of $33,690. Sold by you brings your total cost of your listing to $795, which is a savings of nearly $33,000 of your equity on an average sales price.
Now, it is possible that your buyer be represented by a real estate agent, which is absolutely their right, and it is up to you if you provide a brokerage commission or if the buyer is responsible for paying for their representative. When a buyer submits an offer, all items will be broken down for you to show the true net offer being presented to give you the information you need to make the best decision for you and your family.
There are also variable costs from the title company, such as recording fees, title, insurance, tax prorations, and escrow fees. Typically, these fees can be a general quick estimate of about 1.5% of the transaction. However, if you need an exact amount of your sale, a title company will be named during the negotiation process. Then you can absolutely obtain a closing estimate to get a much closer dollar amount to what your check at close would be. We are so excited about this evolutionary approach to selling real estate and we can't wait to assist in the next chapter of your real estate dreams.