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Rates
Selling Your Home
Commission rates vary depending on the size of the transaction and
the level of difficulty. Generally I charge between 5% - 7% and I share
half of this with the agent on the other side of the transaction. Because each
situation is different, please call me to set up a time to discuss the
rates for your specific situation.
For Sale by Owner (FSBO)
If you want to sell your home on your own (as I did before I became
an agent) I can help. I offer an hourly rate of $120 per hour to guide
you through the process or will simply act as the "Buyer's Agent" once
you have identified a buyer. In this case, I would suggest that you
offer to cover the buyer's commission, but this is completely up to you.
And, if you do cover the buyer's commission you will still be paying
about 1/2 of the normal commission! WARNING: This option takes some
serious work on your part, but it can be a real money saver if you are
up for it.
Buying a Home, Land or
Business
As with selling a home, commission rates vary depending on the size of
the transaction and the level of difficulty. Generally I charge between
3% - 3.5% to work as a Buyer's Agent. However, this rate is normally set
by the Listing Agent (agent for the seller). When I act on your behalf
as Buyer's
Agent there is no direct cost to you, except that you agree that I will
be compensated if you decide purchase a home within a year. In short, I
will be entitled to the commission offered by the Listing Agent. If you
decide to go with a FSBO home you would pay me or ask the seller to pay
my commission as a part of the negotiations.
Hourly Rates
My hourly rate is $120 per hour. Why might you want to hire me on an
hourly basis? Maybe you just want someone to review an offer or help you
determine the fair market value for your home. Maybe you would like help
in sorting out your Estate or the Estate of your parents. Maybe just a
second opinion about refinancing your home or rolling over some debt
into a home equity loan. Whatever the case may be, let me put my MBA to
work for you!
Guarantee
With my hourly services, I offer
this guarantee:
If you are not
completely satisfied with my service and you let me know within one
week (five business days), I will make it right or your service is
on the house!
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Values
Clients First!
My goal is to help you make good decisions. I want
to be your Real Estate Investment Specialist. Someone you can call on
when making important decisions, like what property to buy, how much to
sell your home for, which loan to consider or what business to buy.
Education & Background
Jonathan focuses on the investment and estate/financial planning
aspects of real estate transactions. He provides personalized service
that you can trust. He has five years of experience working in the
Planned Giving field and more than ten years of personal consulting
experience. Jonathan has lived in Bolivia, South America and speaks
Spanish. He also serves as the president of Viva Bolivia, a nonprofit
organization he founded to further leadership and economic development
in Bolivia.
Jonathan earned a Bachelor of Science degree in Missionary Aviation
Technology from the Moody Bible Institute and a Master of Business
Administration degree from the University of Washington. In addition to
his formal education Jonathan stays up-to-date on the latest in Real
Estate through Washington State DOL approved courses.
As Jonathan’s wife says, “You don’t have to have an MBA to sell real
estate, but doesn’t it make you feel better knowing that your broker
does?”
Quality Information
Your decisions are only as good as the information you have.
Whenever possible, I believe in going straight to the source. This may
mean talking with the owner directly or checking rates with the Federal
Reserve or property information with State or County governments.
Whatever the case, I am committed to giving you good, actionable
information. For a few examples of good first-source information, visit
our resources page and check out
the Verify section.
Transparency
The "no funny business" pledge. I do not accept kick-backs, bonuses,
gifts, extras or whatever from the companies I work with. Feel free to
use your own title or escrow company. Want to get a loan from Bank of
America, USAA or your own mortgage broker? I am happy to help! If for
any reason I will benefit by you using one vendor over another, I will
disclose this to you in advance. You should know who you are paying for
what. This is my commitment to you.
Authority
I have the authority to set my own rates on a case-by-case basis. How
does this help you? It means together we can take everything into
consideration when setting up a contract. Say for example that you have
a house you would like to sell and already have a buyer lined up. I can
offer you a reduced rate because the transaction requires less time and
expense from my end. Many brokers have their hands tied by their
managing brokers
and cannot negotiate commission rates directly with the client.
This makes a BIG difference.
Availability
I limit the number of transactions (active clients) I work with. This
means that I can be available for you when you need me.
Cost Structure & Overhead
The company I work with (Admiral RE) does not pay a
franchise fee to a "parent" company. This makes a dramatic difference in my overall cost
structure (usually 5-6% of gross sales). See
this link for a list of franchise fees paid by some well known
"brands".
Admiral also has a very competitive commission structure. What this
means to you is that I can spend more time with each client. In fact, I
am so convinced that my arrangement with my Managing Broker is to your benefit, I
will gladly show you a copy of my contract. Just ask.
Long-term Relational View
I want you back! Not only that, but I want you to tell your
friends and family about me. I am not out
to make a quick buck and I take a long-term view to providing the best
service for my clients. Life is too short to do it any other way! |
