Flat Fee Listings FAQs
Here are the answers to some of the most frequently asked questions about the Flat Fee Listings Program.
Not on any level. Sellers benefit from an established marketing platform that is unprecedented in real estate. Flat Fee Listing's established marketing program is financially backed by a company – sellers are never at the mercy of a single agent’s pocket book.
There are no upfront fees. Alessi Realty will collect the listing fee from the net proceeds after a successful closing.
No. As the seller you pay a Flat Fee for the listing side commission which is only collected at closing. The broker of record charges a $595 transaction fee for 5 years file storage, liability and Errors & Omission Insurance.
Flat Fee Listings is proud to have one of the most robust marketing programs in the industry. Our marketing budget and marketing reach is unsurpassed. While we use numerous marketing mediums we place a strong emphasis on internet marketing which is undeniably today’s preferred buyer method to search for homes. Obviously we provide the standard marketing as well, only we do it better. From our MLS photos and notes to the property signs and brochures. Your home will be marketed to prospective buyers through the Multiple Listing Service (MLS), which syndicates to hundreds of online search portals, such as Zillow, Trulia, Redfin, etc. Our listings are also marketed with custom postcards, digital advertising, and social media marketing.
• Valuation of your property based on comparable homes in your area
• Receive staging advice
Listing Your Property
• Your property will be listed on the MLS and syndicated to hundreds of search sites
• Professional photos of your home will be taken
• Remain in control of all showings with secured electronic lock box
• We will walk you through all the options that are available for showing your home
• Get expert advice from your agent, who will put your home under contract, negotiate on your behalf throughout the process and get you to the closing table. Facilate the entire transaction and escrow process with a 3rd party Title & Escrow company.
Our flat fee listing service provides you with the same services you receive with a traditional real estate agent when you pay them a 3% commission - but more. Our team works hand-in-hand with Ehren Alessi to manage every detail of your transaction. We provide you with High Dynamic Range photography, bring a sign and lockbox to your property, and advertise your home on the MLS and 900 Real Estate Websites plus MORE! When you receive an offer, we will negotiate on your behalf, acting as your trusted advisor. Manage the entire escrow process, inspections and closing.
You won't pay a dime! There are no cancellation or termination fees.
The buyer’s agents commission (also known as a Brokers Co-Op) comes out of the sellers proceeds. While the industry standard is 3% of the sales price, this is not mandatory which is why Flat Fee works with sellers to determine an appropriate Brokers Co-Op.
Yes, we do. However, we find that the vast majority of our sellers successfully sell their home without the need for an open house. We find that more often than not, open houses are a lead generation tool for agents, and don't bring any true value to your home sale.
We know it can be hard to enter a binding agreement to sell your home when you aren’t sure of the quality we’ll provide until after we get started. Because of this, we created a contract made specifically for these situations.
Our contract has an easy exit clause that forces us to earn your business every day. If you ever feel dissatisfied with our efforts to sell your home, you can simply let us know and we’ll release you from the contract immediately.
So far, we have yet to have anyone take us up on the easy exit offer.
Flat Fee Home Buyer FAQs
Absolutely! You will have one of our experienced Flat Fee buyer agents assigned to help you in your property search and contract negotiations. We also have full time internal managers, property specialists, and transaction coordinators to ensure the highest level of representation and customer service.
The rebate is paid out of the buyer commission (typically 3% of the purchase price) which comes out of the seller proceeds.
Not all home purchases qualify for the flat fee home buyer program. The best way to be sure of your ability to receive a rebate under this program is to call to confirm at 702-766-4668.
Yes, there is a buyer broker agreement and a rebate agreement.
Every scenario is different and we recommend a consultation to review all the details to ensure a rebate can be offered.
We'd love to help you no matter what stage in the buying process you're in. If you're just getting started, if you have some hurdles to get over before you can get started, or even if you're just entertaining the possibilities - we encourage you to contact us today for a free consultation on the best steps to take to prepare for your home buying process.
The rebate is paid to the buyer at closing in the form of a check or via a credit towards closing costs.
We ask that you contact a licensed and bonded tax professional to clarify any questions you have. If the rebate is paid in the form of a check Alessi Realty will issue the buyer a W-9 form to be filled out.
Yes, there is a transaction and document storage fee. This covers the insurance for the transaction as well as the 5 year minimum obligation to store all documents.
No, this is an exclusive program targeting buyers who want to maximize their home buying experience.
No, this program was built so our clients can receive a rebate on any property they purchase.