Reozom is all about Transparency. To prove this Team Reozom is “Getting Naked” by showing all the cancellations received in 2015 & 2016 with the Sellers outcome after switching over to a traditional Real Estate Agency. The numbers prove what Reozom has continued to state since 2008. It’s not about getting to the “Next Level” of marketing. It’s only ever about the PRICE! This data is based on an average 3% Listing Agent fee. On a home that sells for $250,000 the Broker Fee is about $15,000; you can avoid this by selling it yourself. (based on 6%) Agents believe they can get you more money through negotiation, leverage of local knowledge, use of marketing tools and ability to qualify buyers. Reozom’s full frontal Real-Time numbers
This data is based on an average 3% Listing Agent fee.
On a home that sells for $250,000 the Broker Fee is about $15,000; you can avoid this by selling it yourself. (based on 6%) Agents believe they can get you more money through negotiation, leverage of local knowledge, use of marketing tools and ability to qualify buyers.
Reozom’s full frontal Real-Time numbers proves them wrong! In 2015 Reozom had 135 total listing Cancellations & 2016 we had 123 Cancellations. Yes, these are pretty big numbers and that is why Team Reozom has researched into why. Agents convince Sellers they are missing the market by being listed through Reozom.com. This proves they are wrong!
Only 59 of those Cancellations listed with a Traditional Agent in 2015 Sold & 45 in 2016 (Many decided to not Sell).
Out of those 59 listings Sold with a Traditional Agent only 8 received more than the asking price listed at Reozom.com. Yet, after paying Buyer’s Agent Fee only 5 ended up with just a little more profit at closing. In 2016 the 45 that listed only 2 Closed for more than listed at Reozom.com and only 1 actually receiving a little more profit.
96% of Reozom Cancellations that SOLD with a Traditional Agent spent more by paying the Buyer’s Agent commission.
In 2015 51% of Properties sold with a Traditional Agent listed with a lower listing price & In 2016 49%. This is exactly what Team Reozom tells Sellers, “It’s about the Price, not the ‘better’ Marketing”.
60% of Properties sold with a Traditional Agent had up to double the amount of Days on Market to get Closed in 2015 & 54% in 2016. It is a waiting game. This is common in Real Estate. Team Reozom stresses to Sellers, “Patience”.
Of the 59 2015 Cancellations Sellers that left Reozom.com for a Traditional Agent on the average ended up with $34,800 less after Close, $10,000 of which was paid to an Agent. In 2016 the 45 Cancellations averaged $29,544 less after Close and $9,000 of which was paid to an Agent.
We found that most Sellers that end up listing with a Traditional Agent have lost up to 30% of their sale. Most transactions range at 9%.
Our nudity proves that For Sale By Owner’s do NOT lose money when listing with REOZOM.
Did you know that 43% of homes are purchased from browsing through the internet & 92% of Buyers search online first when looking for a new home? Marketing with Reozom.com puts your property on all the same sites. A Traditional Agent does not offer more coverage.
Selling as For Sale By Owner isn’t much of a difference than listing with a traditional Real Estate Agent except saving YOUR equity! Millennials do not even think of the REOZOM process as “FSBO”! Millennials know REOZOM is simply technology! It’s EASY!
The Real Facts:
- Listing with a Traditional Agent does not Net the Seller more money. Team Reozom has busted this myth!
- FSBO Homes Sales do not FAIL when partnered with Team Reozom. We have had over 1000 Transactions.
Check out Reozom’s birthday suit on the attached spreadsheets! Will a traditional Agent or Office get naked for you? Will they show you all their numbers? Team Reozom will do anything for our Sellers.