{"id":272,"date":"2015-09-10T17:33:38","date_gmt":"2015-09-10T17:33:38","guid":{"rendered":"http:\/\/www.heyrevo.com\/?p=272"},"modified":"2016-01-22T23:27:20","modified_gmt":"2016-01-22T23:27:20","slug":"faqs-for-sellers","status":"publish","type":"post","link":"http:\/\/www.heyrevo.com\/?p=272","title":{"rendered":"FAQ&#8217;S for Sellers"},"content":{"rendered":"<p>It is a seller&#8217;s market!! See how we are making things even more favourable\u00a0for you&#8230;<\/p>\n<p><strong>Q<\/strong>: What kind of savings can I expect if I use a REVO affiliated agent to sell my home?<\/p>\n<p><strong>A<\/strong>: There are different ways REVO works to save you money, but your REVO affiliated agent will start with an immediate 25% discount on the cost of their services. Below is an example of the approximate\u00a0initial\u00a0savings that you will enjoy:<\/p>\n<p>Property Price \u00a0 | \u00a0 Immediate 25% seller side savings<\/p>\n<p>$500,000 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 $2,300<\/p>\n<p>$1,000,000 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 $4,000<\/p>\n<p>There are no drawbacks in this deal for you, just thousands of dollars back into your pocket that you otherwise might never see again. Real estate agents want your business, and REVO converts that into savings for you.<\/p>\n<p><strong>Q<\/strong>: If I want to save significant money on commission, why don&#8217;t I just use one of the other discount real estate brokerages?<\/p>\n<p><strong>A<\/strong>: One word&#8230;&#8217;boycott&#8217;! No one will admit it officially, and the discount brokerages will say they are doing just fine so clearly they aren&#8217;t being boycotted, but if you list your home with a discount brokerage your listing won&#8217;t\u00a0be seen by many potential buyers. The simple reason for this is that buyer&#8217;s agents make a fraction of what they typically do\u00a0when their clients buy a home listed by a discount brokerage and so they will do what they can to keep\u00a0their clients away from these listings. So, it will likely take longer to sell your home through a discount brokerage, and due to the decreased number of potential buyers that see your property, it will often sell for less money than through traditional full service, full fee brokerages. So even if you save on commission, you often lose on your selling price. The system is currently set up so that the one person who rarely loses on a real estate transaction is the real estate agent. REVO is here to tilt things in favour of buyers and sellers!<\/p>\n<p><strong>Q<\/strong>: How else can REVO save me money?<\/p>\n<p><strong>A<\/strong>: We are glad you asked!\u00a0At Revo, in all but the rarest of occasions, we are totally opposed to the situation where a real estate agent represents both the buyer and seller- which is known as limited dual agency. It simply does not make sense that one person can represent the best interests of people with opposing objectives; it&#8217;s like having feuding\u00a0armies sharing the same commander.<\/p>\n<p>If there is no other real estate agent involved in the sale of your property, your Revo affiliated agent will rebate you 75% of the commission that the buyer\u2019s agent would otherwise receive. And this is on top of the 25% rebate that you will get on the selling side. So, as a seller you may end up saving 50% of the total commission!! See what the approximate savings look like in the example below:<\/p>\n<p>Property Price \u00a0 | \u00a0 Immediate 25% seller side savings \u00a0 | \u00a0 Potential 75% additional buyer side savings \u00a0 \u00a0| \u00a0 Potential Total Savings<\/p>\n<p>$500,000 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 $2,300 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0$5,865 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0$8,165<\/p>\n<p>$1,000,000 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 $4,000 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0$10,200 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 $14,200<\/p>\n<p>By using a REVO affiliated agent you have the potential to save like you would with a discount brokerage, but without the potential downsides.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It is a seller&#8217;s market!! See how we are making things even more favourable\u00a0for you&#8230; Q: What kind of savings can I expect if I use a REVO affiliated agent to sell my home? A: There are different ways REVO works to save you money, but your REVO affiliated agent will start with an immediate [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":302,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3,12,1],"tags":[],"class_list":["post-272","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-far","category-uncategorized"],"_links":{"self":[{"href":"http:\/\/www.heyrevo.com\/index.php?rest_route=\/wp\/v2\/posts\/272","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.heyrevo.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.heyrevo.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.heyrevo.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.heyrevo.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=272"}],"version-history":[{"count":10,"href":"http:\/\/www.heyrevo.com\/index.php?rest_route=\/wp\/v2\/posts\/272\/revisions"}],"predecessor-version":[{"id":310,"href":"http:\/\/www.heyrevo.com\/index.php?rest_route=\/wp\/v2\/posts\/272\/revisions\/310"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.heyrevo.com\/index.php?rest_route=\/wp\/v2\/media\/302"}],"wp:attachment":[{"href":"http:\/\/www.heyrevo.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=272"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.heyrevo.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=272"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.heyrevo.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=272"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}