Buying Real Estate - Welcome to the 1% Broker (2024)

Rebate

1% Rebate Option – We rebate 1% of the sales price from our commission to you.

1.5% Rebate Option – We rebate 1.5% of the sales price from our commission to you.

The rebate will be applied to your closing costs and/or as a price reduction.

Most commissions paid by the seller are 2.5%, but if the commission paid to us is lower, the difference will reduce your rebate accordingly.

For more information, please view our 1%and1.5% rebate agreements.

Home Search Consultation

Some buyers know exactly what they want, while others benefit from a consultation to clarify their needs and priorities.

Considerations like:

  1. Which areas should I search?
  2. What home features are essential?
  3. Is a good school district important to me?

We are here to guide and assist as much as you like, every step of the way.

Relationship Building

Your trust is our North Star and we are committed to protecting your interests. Sometimes that means canceling escrow and moving on.

We pride ourselves on relationship building and fundamental to that is positive, clear communication. Whether it is with our fellow agents, inspectors, escrow or title officers, we foster relationships with colleagues to further your goals. In short, we strive to form authentic connections that support professionalism and successful encounters at every turn.

Customized MLS Search

Every home listed for sale by a Realtor is on a Multiple Listing Service (MLS).

We enable you to:

  • Search and view properties online.
  • Narrow your search by using our map feature and specific criteria.
  • Receive automated email notifications for new home listings.
  • Save property listings and rank them 1 to 5 stars.
  • Write and save notes about properties.

Real estate sites like Zillow sometimes have inaccurate or delayed information. Our search feature lets you to do your own searches with the same real-time data that Realtors use.

Property Updates via Email

Whenever a new listing that matches your criteria is added to the MLS, you will receive an email with photos, a description and other information.

If there is an alteration to a listing, such as a price reduction or a change to its status (active, pending, sold, back on market, etc.), you will also be updated via email.

Open House Information

Many Realtors hold an open house shortly after listing a home for sale.

Open house information can be accessed on our search page, under the “more” option at the top/right.

We ask all of our clients to attend open houses whenever possible. It is the easiest way to visit a home and gain insight about interest from other potential buyers.

PROTECT YOUR REBATE: Most buyers are unaware of a potentially sticky situation called “procuring cause.” Learn about it here.

Property Visits

Attending an open house is the easiest way to see a property, but sometimes it is not an option.

1% Rebate Option– We will arrange for you to visit a property.
1.5% Rebate Option – We will provide you with a personalized link to a showing service, where a field agent can be hired to show you the property, as well as provide access for follow-up visits and inspections. This service charges a minimum fee of $39, which will be charged to your credit card.

Comparative Market Analysis

When making an offer for a property, it is helpful to be familiar with recent sales of comparable properties. Sold listings are more useful than active or pending listings because market value is determined when a buyer and seller complete a transaction.

Upon request, we can prepare a comparative market analysis (CMA) to provide insight regarding a home’s current value.

Offer Preparation

1% Rebate Option – We will prepare your offer and discuss your protections and responsibilities under the contract. We will answer all of your questions, even those you don’t ask, and will strive to give you a sense of comfort and predictability with what is to be expected throughout escrow.

Aside from price, a seller’s primary concern is whether a buyer can perform and minor details often make the difference as to whether or not an offer is accepted. For this reason, it is important that your offer package be carefully prepared and contain:

  • Verification of funds for downpayment
  • Loan pre-approval letter (if financing purchase)
  • Personal letter + photo to enable seller to relate to you (optional)

1.5% Rebate Option – Clients who select this option will go directly to our offer form to enter their criteria. Once submitted, we will.

  • Prepare a California Association of Realtor’s offer package.
  • Email it for you to review.
  • Respond to any questions or changes you have.
  • Send a finalized version for you to Docusign.
  • Submit your offer to the seller’s broker.

Negotiation Consultation

PRIOR TO ACCEPTANCE:
There are many considerations for a buyer prior to submitting an offer:

  1. What is known about the current interest in the home by other potential buyers?
  2. What is important to include in your offer and what should you omit?
  3. What do you need to feel protected during the process?

We can consult with you about these and other considerations in order to afford you the best chance of success.

DURING ESCROW:
Among the areas that may justify negotiation during escrow is the home inspection, which may reveal issues for which you seek repairs, credits or a price reduction. We work with you to formulate and support a request to meet your needs and then get the seller to accept.

Escrow Management

1% Rebate Option Clients – The clock is now ticking and you will have a small team of people working for you. This may include your lender, escrow officer, physical inspector (and other inspectors, service providers), your title insurance officer and others.

We are the captain of your team and will help you manage the paperwork, hire & coordinate inspections, understand disclosures and generally work to protect your interests throughout the process.

These three resources will be particularly helpful as you enter your “due diligence” period:

  1. Escrow Roadmap
  2. Statewide Buyer and Seller Advisory
  3. Buyer Investigation/Inspection Options

1.5% Rebate Option Clients – As an experienced developer or homebuyer, you are in a position to hire the service providers you consider necessary. We will manage the disclosures and paperwork flow, but you are the captain of the team and we will take direction from you regarding inspections, additional negotiations, etc.

Our Minimum Commission is Greater of

Depending on which service option you select, our commission will be 1 – 1.5% of the purchase agreement price or the minimum commission, whichever is greater.

Buying Real Estate - Welcome to the 1% Broker (2024)

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