| Kindergarten Education |
✔ |
Not required |
| High School Diploma |
✔ |
Not required |
| College Diploma |
✔ |
unlikely |
| Minnesota Licensed Attorney |
✔ |
unlikely |
| Certified Real Property Law Specialist (only 3% of lawyers certified) |
✔ |
unlikely |
| Minnesota Licensed Real Estate Broker (few Realtors hold a broker’s license) |
✔ |
unlikely |
| Minnesota Licensed Sales Person (90 hours of training) or broker’s license |
broker |
✔ |
| Member of Realtor Association |
✔ |
✔ |
| Member of Multiple Listing Service (MLS) |
✔ |
✔ |
| |
|
|
| Services and Advantages |
Doug |
Realtor |
| Full Service for 1.5%. |
✔ |
No |
| Splits fees with a brokerage. |
No |
✔ |
| Fee stays at 1.5% if no buyer agent. |
✔ |
No |
| Provides legal advice to clients throughout the entire transaction. |
✔ |
No |
| Provides Exclusive Representation |
✔ |
No |
| Can negotiate and advocate for clients all of the time. |
✔ |
No |
| Fee agreement can be cancelled. |
✔ |
No |
| Fee Waived if Seller Defaults with Buyer and file does not close. |
✔ |
No |
| Reviews closing documents on behalf of clients. |
✔ |
No |
| Markets Property on Zillow, Trulia, Realtor.com, all MLS member brokerage sites, and other buyer-frequented websites. |
✔ |
✔ |
| Conducts market analysis to determine selling price |
✔ |
✔ |
| Full MLS access |
✔ |
✔ |
| Automated Scheduling |
✔ |
✔ |
| Provides signage and lockbox |
✔ |
✔ |
| Provides marketing brag sheet for showings |
✔ |
✔ |
| Helps Seller with legal requirements and disclosures. |
✔ |
✔ |
| Full access to all Realtor tools |
✔ |
✔ |
| Provides advice on how to prepare home for sale |
✔ |
✔ |
| Provide showing feedback to sellers |
✔ |
✔ |
| Provide MLS statistics on showings to Sellers. |
✔ |
✔ |
| Prepares Seller Net Sheets on all offers received. |
✔ |
✔ |
| Follow up with parties who have seen the property. |
✔ |
Maybe |
| Recommends staging services by a professional staging company. |
✔ |
✔ |
| Recommends best real estate photographers in town. |
✔ |
Maybe |
| |
|
|
| Gimmicks and Tricks |
Doug |
Realtor |
| Practices deceptive “Office Exclusive,” “Pre-listing,” or “Private Network” service. (click here to learn more about pocket listings). |
No |
✔ |
| $500-$700 junk fees. |
No |
✔ |
| Recommends conflicted inhouse mortgage, title and other services. |
No |
✔ |