Saving Investors Thousands when Selling with our Commission FREEServices!
Buying a multi-unit, income producing property, is very different than buying a home to live in, and has an elevated level of due diligence on the part of the investors. To help you find a knowledgeable agent to help you buy rental properties, we have written a short interview guide with a six questions and answers to help you in your interviewing process- or, to make it even easier, just call Max at 412-552-9811.
Believing that you must give away an unreasonable percentage of the equity in your real estate holdings for commissions, when selling income producing rental property, will have you putting thousands and thousands of dollars into a Realtors® pocket instead of your own- where it belongs. Play the video below to learn more!
How Much Can I Save?
The chart below shows how much you can save in wasted commissions using our Commission FREEReal Estate Service:Traditional Full-Service Investor Seller Representation- a pre-bundled service that meets the needs of investor sellers that want us to do all the work while they make all the decisions. The estimated savings reported below are based on our estimated engagement of 33.33 at $150 per hour = $5,000 estimated to fully deliver on this service option- no matter what the selling price of your rental property may be. Reasonable Buyer's agent commissions have also been included in this estimate.
*Although all commissions are negotiable, the estimated commissions used for this calculation are: 6% for properties ≤ $500,000, and 5% for properties > $500,000.
**Traditional Full-Service Representation, Sell-it-Myself Listing Services, and Customized Bundled Services are billed at $150/hour. Consulting & Coaching Services are billed at $200/hour.
How Much Will My Residential Rental Property Sell For?
The sales price of your residential rental property will be calculated using two methods- a comparative approach and an income approach. The comparative approach is where an agent or appraiser, reviews recent "like" sold properties within the last 6 months and 1 mile of your property to come up with a list price or value of your property (only an appraiser can give a value that can be used by a lender).
The income approach, will calculate the sales price of value of your property using the properties past 2 years of IRS 1040 Schedule E's or 8825s, last years and this year-to-date rent rolls, active written leases, occupancy permits, local, state, or national building code violations not remedied, internal, external, mechanical, and structural conditions of the property, what other like rental properties have sold for in the past 6 months, along with what competitive properties are currently on the market- only to name a few.
We collect and use the property data to conduct a financial performance analysis using our REAI Reports Investor or REIA Report Seller- a comprehensive reports of your properties financial performance, that an investor and their lender will use to make buying decisions. Having a third-party, at arm's length financial analysis of your property will be THE marketing tool you need to get the most money for your property- fast, while holding off low-ball offers.
Calculate Your Actual Savings
To more accurately calculate your savings, when using our Traditional Full-Service Investor Seller Representation option, enter your estimated Listing Price of your residential rental property on the top line in the calculator below and view your estimated savings in the bottom row.
Want to Do Some of the Work Yourself- Great! We can help you save thousands more!
Sell-it-Myself Investor Listing Services- This is a pre-bundled service where we complete 7 of the 30 real estate activities for sellers that want to sell a residence (for-sale-by-owner or FSBO) on their own, but need help completing the required paperwork (notices, contracts, disclosures) or other activities. Below is a chart of savings based on our estimated engagement of 13.33 hours at $150 per hour = $2,000 estimated to fully deliver on this service option- no matter what the selling price of your residence may be. Reasonable Buyer's agent commissions have also been included in this estimate. Calculate your actual savings using Sell-it-Myself Investor Listing Services Calculator.
My Customized Bundle of Investor Seller Services- This service allows investor sellers to enter the selling process at any time, picking and choosing only those activities they want help with from where they are- to close. Ex: An investor seller just received a contract for purchase and needs help in understanding what it all means, or just received an extensive home inspection report and is not sure how to reply to or negotiate the findings, etc. Services selected and completed using this service option are billed at $150 an hour- and it doesn't matter what your property sells for. Your investor seller savings will be calculated during the first strategy meeting with an MBG agent and after discussing the costs and benefits of activity selection.
Consulting- This service is for sellers looking for honest answers to their questions and guidance throughout the real estate selling process. These services are billed at a rate of $200 per hour. Investor seller savings will be the difference between the percent of sales price commissions charged by Realtors® and the total hourly consulting fees paid- and that could be as little as one hour of service! See Consulting Services to learn more.
Our `A la carte Menu of Real Estate Activities
To the right you will find an example of our `a la carte menu showing the thirty activities that must be completed to buy your dream home. Column B lists the activities for our Traditional Full-Service Investor Seller Representation- where we do all the work. Column C lists the 7 activities included in our Sell-it-Myself Investor Listing Service (we do the contractual work). Column D provides open check boxes so you can pick and choose only those services you want us to complete for you using our Customized Bundle of Investor Seller Services. At the bottom of the chart, you will also see listed our Coaching and Consulting service option for those who only need open and honest answers to their questions throughout the process
Because our Commission FREE Services are based on you paying a fair hourly fee for those items you select, and we complete for you, you can enter and exit the process, and add or remove activities at any time without penalty. Below we provide a couple scenarios of situations that investor sellers might find themselves at some point in the selling process and how they might use our `a la carte menu of services to help them close the deal.
Scenario 1: Reduce risk by conducting a contract review. You are selling your rental property yourself, and you have just received a contract for the purchase of the property. You would like our help but only to review the contract and provide you with some of the issues that may not be in your best interest, and insights into setting up a counter offer to the Buyer- that won't crash the deal. In this situation, after completing the required paperwork so we can help you, you could use My Customized Bundle of Seller Services, to enter and exit our process and at line 12. If you wanted us to only manage the counter offer/s process until everyone agreed to the terms, you would enter on line 12, skip to line 14, then skip to line 16- and exit when done. If you wanted us to get you to close, we would enter the process at line 12 and complete all the remaining activities for you.
Scenario 2: List your rental property for sale on the multi-list only. You are selling your rental property yourself and although you don't need any outside help, you realize the advantage to having your property listed on the local multi-list so buyers and their agents could see your property for sale. In this situation, you could enter and exit the process on line 9 once the property was up and listed.
Saving Even More with OurSeller Strategies that Get Crashing Sales Closed!
Crashing real estate transactions have doubled over the past year. When a deal crashes, the buyer and seller, come away from the experience frustrated, apprehensive, and guarded to enter another deal any time soon. No matter what the reason, the cause for the crash always comes down to one thing- the lack of money by one or both parties to negotiate through the problem to make the deal work! For investor sellers that use our Commission FREE Real Estate Services to sell their income producing property, we have a full range of strategies that we can use on the seller's behalf to keep the sale from crashing- and get the rental property SOLD! To view some of our strategies for keeping sales from crashing, see Our Commission FREE Strategies Get Crashing Sales Closed!
Looking to purchase a high ROI income producing property to your portfolio?
Great! Our 20 years of experience has made us THE go to firm for investors who want to grow their investment portfolio with residential rental income producing properties in the Pittsburgh and Western PA region. Whether your investment criteria are focused on buying rental properties that generate positive cash flows, that provide tax sheltering benefits, or both, our research and analysis tools helps our investor clients find and buy the right property to strengthen their current investment portfolio.
Got questions?Ready to save thousands in wasted commissions when selling your residential rental property for top dollar?
Call Max at 412-552-9811 to get
get all your questions answered about our Commission FREEServices
discuss your situation, purpose, and criteria required to manage the residential rental properties in your investment portfolio
identify which of our investor seller service options may be best for you