Changes in the real estate industry have drastically lowered the cost of selling properties. Nearly 100% of buyers search for homes on the internet. This has dramatically reduced the need for expensive print advertising and other marketing costs. Labor (the time an agent puts into marketing a home) is the sole remaining significant cost. Flat fee real estate lowers labor costs by asking home sellers to do some of the work when selling their property. Realty Five Hundred's flat fee model passes all these savings on to you.
Some home sellers think that they can sell their home themselves, but don't recognize that buying a home is much more complicated than selling one. Many real estate agents will not show "For Sale By Owner" properties because of the risks and extra work required. In 2016, 88% of buyers used a real estate agent. Only 8% of buyers bought a "For Sale By Owner" property. Realty Five Hundred gives you access to those 88% of buyers (and their agents) for a very low fee.
We keep our costs very low and are confident that our sales volume will grow as more home sellers learn about the advantages of flat fee brokerage. We don't have fancy office expenses, and we minimize our travel time by dealing with clients primarily over the phone and internet. Yet for our $500 flat fee, we provide most of the property marketing services that full-fee agents provide. For our flat fee plus 1% service, our service is very similar to full-fee brokers.
We are a new local company in Lancaster, PA owned by John Christman, a PA licensed broker with over 23 years experience in real estate sales. We are here to meet with you, answer your questions and guide you through the process. We can provide a level of service and personal attention that flat fee brokers from out of town or out of state simply cannot match.
We believe you will love Realty Five Hundred's innovative and economical approach to selling your home. However, if at any time you decide you want traditional full-fee brokerage service, we will credit your $500 fee toward the full fee commission if you list with our affiliated real estate company.
Copyright © 2017 Realty Five Hundred. Pennsylvania Brokerage License #3555044. All Rights Reserved.
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