Interested in selling your commercial, land or multi-family property? Realize your options with King Real Estate Group. We offer or commercial clients a Custom Commission offering. Pocket the savings by selecting a plan that fits your needs.
King Real Estate Group provides their clients with all the services that the full-service, full-commission brokers offer, but at a fraction of the cost & with custom service and commission options.
This customizable pricing structure is one of the most important differences between King Real Estate Group and other full-service, full-commission, one-price-fits-all type brokers or flat-fee, web-site brokers. Sellers only pay for the services they actually need and use. Our services plans are our Classic Program or our Full Service program. Either way you choose, it's still significantly less expensive than a full commission. Don't forget, our expert advice is always available.
With our Discounted Classic Program we List your property on Loop Net, the Multiple Listing Service (MLS) and Realtor.com. Our Classic program offers you the ability to List for sale Commercial properties. King Real Estate Group saves sellers thousands of dollars in commissions.
Here is an overview:
Our lowest discounted fee for listing your property on LoopNet and the MLS, Realtor.com and hundreds of other websites is 3.8% plus a $199 upfront fee for the showing service (Compared to 7%).
Benefits of Using KRG's System:
How it works:
KRG charges 1% plus $199.00 (for showing service) to list a property including: multi-family building, land, or commercial building for sale on the MLS and LoopNet. The listing would get FULL exposure to almost 40,000 Real Estate Professionals in the Colorado Front Range. The listing also will go onto LoopNet.com, Realtor.com and many other national real estate websites. All these websites pull the listings live off of LoopNet and the MLS.
If any agent (the procuring broker) brings a buyer and successfully closes, then at the closing the seller will pay a commission of 3.8%. The commission offered will be shown on the listing sheet. The 3.8% commission will be shared as follows: the procuring broker will earn 2.8% and KRG will earn 1%, Competitors charge 6%-7%.
Using this method, 3.2% will be saved versus using a full commission broker. Most full commission brokers charge approximately 7% to list a property, which is split between the listing broker and the buyer's broker. KRG reduces the commission on the listing side, saving sellers almost half the normal selling expense. If a property is priced at $1,000,000, then the savings would be $32,000 or a property at $400,000 the savings would be $12,800.
The listing stays on the internet systems for as long as the seller wants and can be cancelled at any time. If the seller finds their own buyer without an agent, the non-procuring agent's portion of the commission (2.8%) will be saved. King Real Estate Group would earn only 1% in this case. Commissions are only paid on a successful closing.
All offers from other brokers will come through KRG.
Sellers must put up a KRG for sale sign which are provided free of charge.
King Real Estate charges a discounted commission rate of 4.8% to list real estate for sale and provides the seller full service.
Special Note: If you bring in your own buyer you save an additional 2.8% on the buy side (you save $25,000 if your sale price was $500,000). If KRG finds the buyer, then KRG earns only 3.8% commission for the listing portion and the Buyer side of the transaction. This equates to an additional 1% in savings. Or if your sale price is $500,000 then you saved a total of $16,000 in commissions.
2.8% is offered to the Buyer's Agent and 2.0% is earned by the Listing Agent (KRG).
What we offer at 4.8%:
Marketing Plan:
Put the property on the market at a price just below a round number (i.e. $999,900).
List the property on the LoopNet and MLS systems, (giving exposure to approx. 40,000 real estate agents), Realtor.com, and hundreds of other websites including: Trulia.com, Dothomes.com, Craigslist.com, Google.com, Zillow.com, ReColorado.com, etc.
Install lockbox & flyer box.
Distribute 30 color flyers to the closest commercial property owners.
Every six weeks or so, depending on the market, number of showings, & seller motivation, lower the price by approximately 2-5% (to just below the next round number, i.e. $949,900) as instructed by the seller.
Call TODAY to set an appointment 303-548-4300