Seattle Area Realtor Offers Enhanced Buyer Rebate Program
MWM Realty, a Lynnwood based Realtor, who offers services in the greater Seattle area is paying clients thousands in cash when they buy any listed property.
Seattle, WA, March 07, 2008 --(PR.com)-- MWM Realty a Seattle area full service real estate company that offers both buyers and sellers major fee discounts, just enhanced its Buyer Rebate Program. In this buyers market, with many more homes for sale than qualified buyers, the MWM program can mean huge savings for buyers.
The traditional real estate fee structure has been tested on the seller end for many years with brokers listing property for less than the traditional 6% fee. Brokers have tried to hold the line on the portion of the fee usually provided to agents that represent the buyer. This fee is usually 3%. The improvement in the internet that now provides instant access to both agents and buyers to all homes listed on local multiple listing services with color pictures, maps and complete descriptions, has changed the way buyers look for homes. This has also reduced the cost of finding a home and that cost reduction can be passed along to the buyer. This is especially true where the buyer agrees to be an active part of the home buying process by previewing potential properties on-line prior to seeing the homes in person.
The MWM offers 30% to 50% of their commission to buyers and the program can mean real money in the buyer’s pocket. On a $500,000 home with a 35 commission to the agent for the buyer of $15,000 the rebate would be $7,500. Given that the buyer may be making a 10% down payment the rebate is 15% of that amount.
MWM provides complete representation from the crafting and making of the initial offer through all negotiations on price and terms and help with all paperwork.
All property listed by all agents in Western Washington can be viewed on the MWM Realty website along with color pictures, maps and a full description of the property.
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The traditional real estate fee structure has been tested on the seller end for many years with brokers listing property for less than the traditional 6% fee. Brokers have tried to hold the line on the portion of the fee usually provided to agents that represent the buyer. This fee is usually 3%. The improvement in the internet that now provides instant access to both agents and buyers to all homes listed on local multiple listing services with color pictures, maps and complete descriptions, has changed the way buyers look for homes. This has also reduced the cost of finding a home and that cost reduction can be passed along to the buyer. This is especially true where the buyer agrees to be an active part of the home buying process by previewing potential properties on-line prior to seeing the homes in person.
The MWM offers 30% to 50% of their commission to buyers and the program can mean real money in the buyer’s pocket. On a $500,000 home with a 35 commission to the agent for the buyer of $15,000 the rebate would be $7,500. Given that the buyer may be making a 10% down payment the rebate is 15% of that amount.
MWM provides complete representation from the crafting and making of the initial offer through all negotiations on price and terms and help with all paperwork.
All property listed by all agents in Western Washington can be viewed on the MWM Realty website along with color pictures, maps and a full description of the property.
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Contact
MWM Realty
Mike Mitte
425-876-1921
www.mitterealty.com
Mike Mitte
425-876-1921
www.mitterealty.com
Contact
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