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What is the Rapid Results Real Estate Sales Program™?
It is the most intensive real estate selling system ever devised; patent-pending, and guaranteed to get property sold in about 60 days. The Program gives sellers major advantages to receive multiple market offers quickly, while showing buyers how to save tens of thousands using the Mortgage Magic System. It’s a win-win system for everyone. It provides up to $50,000 of massive advertising on TV, radio and the web, and includes all brokerage, legal, title, mortgage, staging, virtual tour, and closing services in a powerful effort that quickly gets results – Rapid Results. It makes buying and selling easier, faster, more efficient, and less costly. We also purchase the services of media, studios, lawyers, title firms, appraisers, and others at wholesale and pass along the savings to buyers and sellers, reducing the overall transaction costs. The Program also changes the selling timeline. For example, the Program provides prospective buyers an actual mortgage commitment before they make an offer for the property. This allows the sale to proceed smoothly, as buyers are assured of funds and sellers know that a sale won't fall through because of financing contingency. We provide the Program to sellers through their listing broker.
Why do Rapid Results™ properties attract the highest level of buyer attention?
Our advertising message is the most comprehensive in real estate. The key to attracting the largest buyer attention and interest is in our repetitive use of professionally produced TV ads, radio spots, and dominant web ads that saturate the coverage area. These ads are broadcast on the major local and regional networks, as well as in the major area newspapers. The ads are run continuously during the marketing period and reach every possible buyer in the marketplace.
How much is budgeted to promote properties in the Rapid Results™ Program?
The cost of producing and airing the ads varies according to location and is mostly affected by the cost of airtime and newspaper space in the geography we need to cover. In a metro area, we budget no less than $30,000 and likely $50,000 or more for the marketing. We are able to provide large-budget advertising and achieve blanket market coverage due to our market-basket approach that aggregates multiple properties in each sale we conduct. Sellers receive the benefit for a fraction of the oveall cost.
What's the cost of the Rapid Results™ Program?
The cost of the Rapid Results Real Estate Sales Program™ is comprised of a service fee, payable when a property is registered into an upcoming sale event, and a sales fee, payable only when the property is sold (at closing). The service fee is based on the market location and coverage area. In the NY Metro area for example, the service fee is $4,000 to $5,000. Our sales fee is 2% of the selling price of the property. Contact us for specifics regarding your property and area. See our "SELLER GUARANTEE" (in service agreement) about refunds if a property is not sold.
Does the Rapid Results™ Program qualify as a deductible expense?
the Program qualifies as an expense related to the cost of selling real estate. Sellers may treat the cost of the Program as a deductible sales expense. Consult your tax advisor as to expenses you may deduct from federal and state income taxes when selling your property.
How many properties does the Rapid Results™ Program accomodate?
We are able to provide each seller large-scale marketing by aggregating up to 12 homes in each sale event. The small number of homes in each event maintains exclusivity while delivering high-impact results.
How are real estate agents involved?
The Program is provided to each seller exclusively through their listing broker. Brokers maintain their listing agreement with the seller. The Program's features are in addition to what brokers typically provide and are designed to provide unmatched resources to produce a sale quickly and at the best market price. Our service agreement is separate and apart from the broker listing agreement, and is an obligation to the seller. There is no cost to the broker. A sample agreement is available for download.
Do sellers pay broker commissions?
Sellers will pay their broker a commission as provided in the broker's listing agreement. Our services and fees are separate from the brokerage agreement.
Can buyers inspect the property in advance?
Prospective buyers have ample time to inspect the properties, just as in any real estate sale. Inspection dates and times are published on our web site and in media announcements. Brokers serve their normal role to show their respective property.
What about the title?
Experienced title companies thoroughly research the properties' title records. Buyers are assured clear insurable title by research of municipal reports, liens and judgments, taxes, covenants, restrictions, easements, agreements, bankruptcies, code violations, open permits and c of o's. The title report is contained in the offering package, which is submitted to buyers. Where applicable, an insurable Certificate of Title is provided to prospective buyers.
Are buyers financially qualified?
We provide all serious prospective buyers the benefit of a mortgage commitment before they make an offer to purchase a property. The commitment is based on an actual appraisal of the home, as well as each buyer's financial circumstances. This feature benefits buyers and sellers alike. Sellers have assurance that buyers are fully prepared to close on the property when their offer is accepted, and buyers know they already have the resources to close.
What about the legal work?
The Program provides sellers with an attorney who will draw a sales contract specific to their property and for their acceptance. The attorney will also act to close when they have accepted an offer. Any contract modifications can be requested by the seller or individual buyer if acceptable to the seller. If a contract is specifically amended between seller and an individual buyer by mutual agreement, it will govern the sale if that buyer submits the accepted offer.
How are funds handled?
All monies involved in the sale and purchase of properties are held in escrow by a title company. The title company will collect and disburse funds as necessary and will provide closing services and office facilities for each closing. We do not handle any funds at any point in a transaction.
How does this differ from an auction?
Properties are entered into the Rapid Results Program by sellers who serious about receiving offers for their property. An important aspect of the Program that sets it apart from conventional real estate sales is that it is time-sensitive. At the conclusion of the approximately 60 day marketing period, prospective buyers attend a sale event as they are fully prepared to buy and it conveys a sense of the "here and now". Buyers realize that they won't have another opportunity. However, the Rapid Results Program utilizes many features and services that set it apart from an auction. Also, properties may be sold prior to the day of the sale event, so while there are auction-like services included in the Program, its other features set it well apart from an auction.
Can a property be withdrawn from the Rapid Results™ Program?
Once a property is entered into the program, the seller is provided legal, title, appraisal, advertising, and other services that are designed to deliver a sale in about 60 days. A seller may then choose to withdraw the property from the sale event. As this is not an auction, the Program has accomplished its purpose to the seller's satisfaction. Sellers may withdraw a property for this or other reasons.
How can I list a property in the Rapid Results™ Program?
The first step is to read our sample service agreement, then have your broker contact us to obtain an actual agreement for your property. Then, list your property on this site - have your broker place the listing. After we obtain a signed sales agreement from a broker, we will return a countersigned copy to evidence the enrollment of the property.
Can buyers make an offer before the sale event?
It is common for offers to be made on properties listed in the Program. Sellers can accept offers at any time, whereby the property is sold and no longer on the market . See the faq concerning withdrawing a property from the Program.
Do buyers need to attend the sale event?
Rapid Results sales events are broadcast live on the internet. Our web cast utilizes Adobe, the best on-line infrastructure available. Anyone can register to view the event, in real time, as it unfolds, on their computer. For buyers who have registered to purchase a property, a telephone link will be established between the buyer and a proxy (real person) in the sales room. Buyers can view the sales event in their home or office, and make their offers and modified offers, over the phone, where it is immediately factored into the selling process, along with offers by other buyers who are physically present.
Are you affiliated with other firms who provide Rapid Results™ Program services?
No. We are not affiliated with companies providing services in the Program, nor do we receive referral fees from them. Service providers are selected based on their ability to provide expert service at the lowest cost, thereby facilitating real efficiency to both buyers and sellers.
I'm a Realtor® - can I get information I can show to my client?
Licensed real estate professionals can download a brochure from the site, and print it locally. Click the 'brochure' link on the sidebar. The Rapid Results Real Estate Sales Program™ gives Realtors® a powerful new way to sell their listings in a compressed timeframe and at the best market price. There's nothing like it - and it works!
I'm a Realtor® - can I list properties on the site but not in the Rapid Results™ Program?
- Yes. All real estate professionals are welcome. Register to list your properties, there's no cost to register, but a small charge for each property listing, which are for one month or three.
- One month listing costs $10.00
- Three month listing costs $15.00
- The benefit of listing properties is the cross-promotion you receive on Realtor® searches, plus the popularity of the site due to its prominence. We use Paypal, and you don't need a Paypal account to pay for listings. We never see your credit card - it's all handled seemlessly on the Paypal site.
I'm not a broker - can I still list my property here?
Yes, we welcome your listing. Register and then list your property. There's no charge to register, but there is a small charge to list your property. Property listings are for one or three months, your choice. You can make changes at any time.
What's the cost for listing properties on ReallySimpleRealEstate.com?
- One month listing costs $10.00
- Three month listing costs $15.00
- This site is Paypal enabled. We never see your credit card information.
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