Flat Fee MLS Michigan – REOZOM

The truth about real estate, whether you are buying or selling property is the fact that people have to go through a lot of clutter to determine the property which is best suited for them. When selling a property, this could mean the sale process dragging on for longer than anticipated and sometimes, this even leads to spending more on homes that could be worthless. If buying property, this could mean offers falling through and having to wait longer to own a home. MLS systems are quite new to real estate property management, but they hold the promise of making transactions easier for consumers. Here is what is important to know about Flat fee MLS Michigan from Reozom.

How much does it really cost to sell a house?

The cost of selling a house is not as little as many people like to think. First, if hiring a realtor to do it, expect that they will get about 6 percent of the total value of the home in closing costs. What this means is that if the home’s total cost is $600,000, owners should expect that $3600 will go to the realtor. In addition to this, there will be other closing charges, which could amount to more than 2 percent of the total cost of the property. Finally, is the fact that they may also need to pay the brokers representing the buyer and since 93 percent of people buy through brokers, chances of having to pay one are very high. When homeowners make all these calculations, they realize that in cases where it could be possible, it would be best to get an alternative way to sell property as opposed to getting the realtors, and this is where MLS systems come in. Continue reading

For Sale by Owner/MLS Listings

Homeowners are beginning to take the sale of their home into their own hands and save a substantial amount of money in the process. For Sale By Owner (FSBO) signs are popping up everywhere because it can save a seller thousands of dollars and some bouts of anxiety too. The truth is that selling your home is not as difficult as it once was a decade ago before homebuyers discovered the Internet and shopped online. Reozom.com reports that in 2016, 44 percent of homeowners shopped online first when buying a home. That is good news for home sellers who want to save money. Continue reading

MLS Listings in Florida

Introduction

There are a number of real estate properties for sale in Florida at any given time. For those who are looking to sell a home, they will need to let the public know that their property is available. For those who are looking to buy a property, they will need to find a good place to find all available properties. In order for both parties to achieve their respective objective, they will benefit by using the multiple listing service. This is a directory of all homes that are currently being sold on the market. The best person to help you navigate your options with the multiple listing service is a real estate agent or broker. In the state of Florida, there are a number of quality properties on the multiple listing service. For those looking to sell a property, they will benefit by using companies such as Reozom.com. This company will provide sellers with market analysis, assistance with scheduling showings and also with a general listing of the property to sell. Continue reading

“Disruptive” Companies You Can’t Live Without

otherdisruptors

A “disruptor” is a company that goes against the grain in order to evolve an industry. Our online real estate transaction platform, Reozom, is considered a disruptive company because we shake things up when it comes to the norm in real estate.

By leveraging technology, we are able to save homeowners thousands of dollars in their real estate transaction by eliminating expensive agent commission fees.

Here are other companies that may not realize were once disruptors:

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Amazon
Amazon completely changed the game when it came to online shopping. By offering unbeatable prices, people began browsing on Amazon to buy pretty much anything.

Amazon also upped the ante when it came to one-day shipping or even day-of shipping. Now we even use Amazon to binge watch our favorite shows or arrange for every day household items to arrive right on our porches.

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Apple
Our guess is that you’re probably reading this on your iPhone, so all you have to do is take a look at what you’re holding to realize why Apple was a disruptor.

Apple’s release of the iPod back in 2001 was a total revelation for the tech world. Think about it, this was back then people were still walking around with portable CD players. Now, we are able to manage our entire lives right from the palm of our hand.

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Netflix
Can you imagine a world where you couldn’t binge watch Walking Dead for hours into the night? Us either. Sorry, Blockbuster.

I think we can all agree that the on-demand streaming of movies and shows that Netflix brought directly to our televisions was either the best thing that ever happened to us (or the very reason for our own demise).

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Ikea
Ikea isn’t such an obvious one, but it absolutely was a disruptor. Ikea gave us the ability to buy cheap furniture and instantly furnish an entire house, if we so desired.

Although, let’s be real, Ikea could still help out by making the dressers just a little bit easier to build.

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Uber
Two guys that knew nothing about the taxi industry completely transformed the taxi industry after rolling out Uber. Now, even people who live in the suburbs have the luxury of hitching a ride to a concert or the bar.

Not to mention, documenting an Uber ride on Snapchat now provides all of us with some high quality Friday night entertainment.

All of these companies have become a major part of our lifestyles.
If you love and use these companies, we can guarantee that you will love Reozom.

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Share Your Listing on Facebook & Reach Buyers Instantly

share reozom real estate listing on facebook

Just as Reozom is the new way of real estate, Facebook is the new word of mouth.

As an online flat fee broker and a real estate transaction platform, Reozom leverages technology as much as possible, including social media.

Our Reozom team posts every single one of our listings on Facebook. This immediately gets our seller’s property in front of Reozom’s growing Facebook community, while also giving our sellers the opportunity to easily Share their listing onto their own page.

Why Share your listing on Facebook?

Sharing your listing on Facebook gets the word out fast that your home is up for sale. Your listing’s Facebook post is basically a modern day property sign.

The average American has 350 Facebook friends. Combined with Reozom’s following and your own friends, upon being shared, your listing instantly gets in front of an average of 1,000 people.

 Not to mention, Millennials (Gen Y) make up the largest share of home buyers at 32%. And 91% of Millennials use Facebook.

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Ask your family & friends to Share it, too!

Recently, a Reozom seller shared her listing’s Facebook post and five of her Facebook friends followed suit.

In just one day, her listing got 1,559 views. Even better, Reozom’s analytics showed that 40 people were actually viewing her property online at the same time!

If 3-5 of your family or friends shared your listing, it could potentially reach 3,500+ people in just one day. The more friends you ask to share your listing, the better!

To Share your listing’s Facebook post: 

Click the Share button within Reozom’s post of your listing
Press “Share Post Now”

And you’re DONE. The listing is now posted on your newsfeed.

If you want to write something specific about your listing:
Click the Share button on Reozom’s post
Select “Share…”
Write your description
Click the “Post” button

Reozom’s team cannot encourage our sellers enough to take action and share your listing on Facebook. It will be a few seconds very well spent!!!

Follow Reozom’s FacebookTwitter and Instagram.

 

Sources:

  • Infinite Dial 2014 report by Edison Research and Triton Digital
  • 2015 National Association of Realtors Home Buyer and Seller Generational Trends
  • By the Numbers: 200+ Amazing Facebook Statistics
    ExpandedRamblings.com, February 2016, Craig Smith

Do I lose my right to Sell by Owner if I list through a flat fee broker?

The short answer is absolutely not. Simply put, you’re paying that broker to gain access to your local  MLS as a means to get the same exact advertisement as if your property was listed with a full cost  traditional broker / realtor. The type of contract entered into with a flat fee broker is known as an  Exclusive Agency Contract, otherwise known as a Limited Service Listing Agreement. An exclusive agency  contract allows for the seller to sell their property on their own without having to pay the listing broker  a commission and can be cancelled at any time without any type of monetary consequence. Continue reading

Mortgage lending startup gets $1.5M boost from investors

Mortgage lending startup Lenda has raised $1.54 million in seed funding the company says it will use to expand into new markets.

The San Francisco-based firm launched a platform in July to allow borrowers to complete the home loan process online from start to finish without a loan officer as middleman. Lenda currently operates in California and will expand into Oregon and Washington next month. So far, the company says it has handled more than $13 million in loan volume through its platform.

Growth image via Shutterstock.