Selling a Home?
Listing Model
Our independent broker model leverages technology and change in the industry to the financial benefit of our clients! Most of the home buying and selling public in the US are accustomed to know about "traditional" 6% commission models. To keep our fees low, we keep costs as low as possible. We offer our full services for 1.0% commission on the Listing Side of the Transaction and we make an "offer of compensation" of 2.5% to potential buyer agents.
R+K Real Estate is a Full-Service real estate company. Kansas real estate law states that an agent must represent their client to their full ability, not based on amount of their commission. Therefore, the R+K Real Estate model provides a tremendous advantage over more traditional models. You get the same thing for less commission!
A commission is far and away the largest expense facing home sellers in a transaction. We believe there is room in the marketplace for all business models, and that consumers benefit by having access to those models. Business school 101!
*Because our commission fees are so low, for clients who find us via a referral service like UpNest, Homelight, Sold.com, Agent Pronto, Fast Agent & other referral services the listing-side fee is increased to 2.0%. This is to account for the referral fee due to the referral company.
Listing Agent Services Provided by R+K Real Estate
- Initial Consultation / Comp Analysis
- Home Evaluation
- Access to our Network of Contractors and Professionals
- Navigating Process to Get Market-Ready
- Take & Edit Photos
- Build Listing in MLS
- Navigate the Market and Receiving Offers
- Negotiate Commission with Buyer and/or Buyer Agent
- Navigating the Inspection Process and Negotiating a Resolution of Inspections
- Supervision of the Transaction to Closing
- Communication throughout the process from pre-listing to closing day
Does a Seller have a choice on what to pay a Buyer’s Agent?
Commission is negotiable. In many instances a buyer agent will seek to collect a commission from the seller in the transaction. There is no rule that says it must be any certain amount or percentage of the sales price. While we cooperate with any licensed broker/agent in the state of Kansas, in order to be fully transparent and negotiable, we do not make offers of compensation. Rather, we ask that if a buyer intends to use a buyer agent that they make any seller participation in their agent's commission part of their offer.
If R+K Real Estate finds the Buyer. . .
Many real estate agents are looking for an angle to find an unrepresented buyer so they can keep both sides of the commission. Too often, the strategies involved employ things that might be of benefit to the agent, and only the agent. Shouldn't the Seller and/or the Buyer be the one to benefit?
In the event the Buyer does not use an agent and wishes to remain unrepresented, we offer what's referred to as a "variable-rate commission." In such circumstances, the total commission due will be only 2% of the Net Sales Price.
Interested in Transaction Broker Services?
Yes, we do that too! It's not for everyone and every situation. But, for some sellers it might be the perfect fit resulting in saving thousands, to tens of thousands of dollars on real estate commissions. Transaction brokerage is ideal for:
- home builders
- corporations
- local charities
- a home seller who's already identified their buyer
- others evaluated on a case-by-case basis
If you're interested in finding out more about how R+K Real Estate Solutions can work for you as a Transaction Broker, please contact us!
For more information on the process of selling a home, check out our HOW CAN R+K REAL ESTATE HELP ME SELL A HOME? page.