FEE SCHEDULE
Or scroll down to see the complete schedule in table form. |
| Time Involved | Full Service |
Limited MLS | MLS Only | FSBO Startup | FSBO with Buyer | |
| Fees | 5.%-7%* |
3.5% + $1,200 | $450. | $600. | $600 | |
| Length of Contract | 6 months |
6 months | 3 months | NA | NA | |
| Fee due | At closing |
$600. Due at sign up, $600 due when offer is accepted | Due at sign up | Due at sign up | Due at sign up | |
| Fees paid apply towards full service listing? | NA |
Prorated | Yes | Yes | No | |
| Prepare & send pre-meeting package | 1 hour | X |
X | X | X | X |
| First Meeting | 1-2 hours | X |
X | X | ||
| Comparative Market Analysis (Prep) | 2-5 hours | X |
X | X | ||
| Second Meeting to Present CMA | 1.5 hours | X |
X | X | ||
| Listing Appointment (sign or mail documents) | 2 hours | X |
X | X | X | X |
| Prepare & deliver Sellers Packet | 1.5 hours | X |
X | X | ||
| Provide How to Sell your home yourself info | X | X | X | X | ||
| Pick up listing Information sheets from Seller | 1.0 hours | X |
X | |||
| Put up sign | .5 hours | X |
X | X | X | |
| Put on Lockbox | ------- | X |
X | X | X | |
| Take pictures of outside of home | 1.0 hours | X |
X | X | X | |
| Enter pictures & information in computer | .5 hours | X |
X | X | X | |
| Take Panoramic still pictures inside home | 1-2 hours | X |
$99.00 | $99.00 | $99.00 | $99.00 |
| Prepare 360 virtual tour for Internet | 1.5 hours | X |
$99.00 | $99.00 | $99.00 | $99.00 |
| Set up fax on demand documents for home | .5-1.5 hours | X |
$10/mo. | $10/mo. | $10/mo. | $10/mo. |
| Prepare B & W flyers for brochure box | 1.0-1.5 hours | X |
X | X | ||
| Provide brochure box | 1.0 hours | X |
$25.00 | $15.00 | $15.00 | $25.00 |
| Provide 100 B & W flyers for brochure box | .5 hours | X |
X | X | ||
| Set up voice mail advertising for home | .5 hours | X |
X | X | $12 | $12 |
| Enter listing in MLS | .75 hours | X |
X | X | ||
| Prepare color flyers | .5-1.0 hours | X |
X | X | X | |
| Make color copies of flyers | X |
.75 ea. | .75 ea. | .75 ea. | .75 ea. | |
| Unlimited email support | X |
X | X | X | X | |
| Unlimited ASKME.com support | X |
X | X | X | X | |
| Provide Internet Resources Information | X |
X | X | X | X | |
| Prepare Internet advertising | .5 2.0 hours | X |
X | X | X | |
| Place home on several Internet sites | 1-2 hours | X |
X | X | ||
| Prepare Buyer Packet for home | .5-1.5 hours | X |
$25.00 | $25.00 | $25.00 | $25.00 |
| Deliver Buyer Packet for home | 1.0 hours | X |
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| Prepare & send "Just Listed" postcards (mass mail) | 2-3 hours | X |
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| Prepare Ad copy for Homes Illustrated $40/ad | .5-1.0 hours | X |
2 ads | 2 ads | 2 ads | 2 ads |
| Prepare ad copy for West Suburban Homes $30/ad | .5-1.0 hours | X |
2 ads | 2 ads | 2 ads | 2 ads |
| OTHER MARKETING (TBD) | ? | X |
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| Put together Homebook | 4-8 hours | X |
$300.00 | $300.00 | $300.00 | $300.00 |
| Deliver or Mail Homebook | 1.0 hours | X |
X | X | X | X |
| Email Agents with matching prospects | .75 hours | X |
X | |||
| Set up showings | .25 hours per showing request | X |
X | X | ||
| Call for feed back on showings | .25 hours | X |
X | X | ||
| Call Seller with information on feedback | .5 hours | X |
X | X | ||
| Call Seller with weekly updates | .25 -.75 hours | X |
X | X | X | |
| Receive offer | .50 hours | X |
X | X | X | |
| Forms Packet (examples) -Purchase Agreement -Sellers Disclosure -Lead Based Paint Disclosure -Counter Offer -Inspection document |
X | X | X | X | ||
| Verify Buyers financial ability | .25 hours | X |
X | X | X | |
| Prepare Sellers Net Sheet (2-3 options) | .5 hours | X |
X | X | X | |
| Call Seller to discuss offer | .25-1.0 hours | X |
X | X | X | |
| Meet with Seller to discuss offer | 1.5 hours | X |
X | |||
| Prepare counter offer or send signed or rejected offer | .5 hours | X |
X | X | X | |
| Continue negotiations to conclusion | 2-8 hours | X |
X | X | X | |
| Order Title work | .25 hours | X |
Assist | |||
| Call Mortgage Company-confirm Buyers Application | .5 hours | X |
Assist | |||
| Call from Buyer Agent to set up Inspection | .25 hours | X |
X | X | ||
| Call Seller to verify Inspection time | .25 hours | X |
X | X | ||
| Call Agent to approve or change Inspection time | .25 hours | X |
X | X | ||
| Call from Buyer Agent to set up Appraisal | .25 hours | X |
X | X | ||
| Call Seller to verify Appraisal appointment | .25 hours | X |
X | X | ||
| Call Appraiser to approve or change appointment | .25 hours | X |
X | X | ||
| Call Buyers Mortgage Company for status | .25 - .5 hours | X |
X | X | ||
| Receive & review Inspection Response | .25 - .5 hours | X |
X | X | X | |
| Copy Inspection Report for Seller | .25 hours | X |
X | X | ||
| Call Seller & review Inspection Report | .5 hours | X |
X | X | X | |
| Meet with Seller, provide copy of Inspection Report and respond to report | 1.5 hours | X |
X | X | ||
| Communicate Sellers response to Buyers Agent | .25 hours | X |
X | X | ||
| Continued negotiation on Inspection Report | .5-4 hours | X |
X | X | ||
| Call Mortgage Company for status update | .25 hours | X |
X | X | ||
| Call Title Company-set up closing | .25 hours | X |
X | X | ||
| Work with Sellers to set up agreed upon repairs | .25-2 hours | X |
X | X | ||
| Notify Buyers Agent when repairs are completed | .25 hours | X |
X | X | ||
| Call from Buyers Agent to set up re-inspection | .25 hours | X |
X | X | ||
| Call Seller to verify time for re-inspection | .25 hours | X |
X | X | ||
| Call Buyers Agent to approve or change re-inspection time | .25 hours | X |
X | X | ||
| Call Mortgage Company-ready to close yet? | .25 hours | X |
X | |||
| Receive Title work | .25 hours | X |
X | X | ||
| Review Title work, discuss with Seller | .25-.75 hours | X |
X | X | ||
| Work with Sellers to clean up title work problems | 2.0-20 hours | X |
X | X | ||
| Receive & review settlement statement (HUD-1) | .5 hours | X |
X | X | ||
| Review HUD-1 with Sellers | .5 hours | X |
X | X | X | |
| Review closing docs prior to closing | As needed | On request |
X | On request | ||
| Attend closing | 2.0 hours | X |
X | X |