PreSale
The difference is you (the seller) have total control of your home’s listing and closing. The Equity Kept platform acts as a facilitator – guiding you through the sale from start to finish.
Oh, and on average, our clients save $14,500 in commissions vs. using traditional Realtors…so there’s that
Before signing up you’ll see a comprehensive map displaying comparable sales data for your area.
Using this information, Equity Kept will recommend pricing based on your property’s market value and salability.
However, homeowners always have the final say on the listing price.
You’ll sign all disclosures, schedule professional pictures, receive a yard sign and a coded lockbox, and determine a fair list price.
Once the photographs are uploaded into the platform, we will create the listing together and go live on the MLS and other 3rd party listing sites.
Your upfront fee covers the cost for a professional photographer to take high-resolution interior and exterior pictures of your home. You just have to approve the scheduling and let the photographer in.
No. Cell phone photos generally end up blurry on the MLS
Remember, your home’s pictures are the first thing potential buyers see. If they are not done correctly, it may cost you showings and/or a sale.
Absolutely, the Equity Kept platform is thorough and easy to use. Think of the platform as the best Realtor you could hire.
Yes, Realtor’s fees are negotiable.
The seller has generally paid commissions, but we’re trying to change that. Historically, Realtor commissions have been 6% of the purchase price, 3% to the listing agent and 3% to the buyers’ agent…….The Equity Kept platform was developed to save money and provide a smarter way to sell your home.
Active Listing
Yes, a professional “FOR SALE” sign will be ordered automatically upon sign up. All you have to do is place it in the yard.
The seller answers all questions from buyers directly. You would be answering those questions anyway so why pay a middle man?
Don’t worry – Equity Kept utilizes a scheduling tool to manage showings and relay potential buyers’ feedback all through the platform.
We have this process streamlined. Approve or deny showing requests with the touch of a button through your cell phone.
No, you do not.
Oftentimes sellers can hover and take away from a buyer’s experience. All buyers will be prompted to provide feedback.
DON’T SIGN IT; CONTACT YOUR DESIGNATED EQUITY KEPT TRANSACTION COORDINATOR. They will review the contract with you from start to finish.
Offers will also upload to the platform for easy review and signatures to improve efficiency.
You will have one point of contact for guidance on every aspect of the sale from listing through closing. We utilize a communication platform called Crisp Chat.
Closing & Beyond
Equity Kept clients pay $299 upfront and 1% of the purchase price at closing. If the home doesn’t sell, we don’t get paid.
Our goal is to save you at least half, so approximately 3%. It depends on the selling price and what you decide to pay the buyer’s agent.
Oftentimes, our clients save 3-4% of the selling price.
Yes, the platform will auto send all contracts and documents on your behalf to the title company of your choosing. We can recommend some title partners that are familiar with Equity Kept clients’ needs.
Generally, the seller in the real estate transaction chooses the title company.
Your savings will depend on the selling price of your home. For example:
A selling price of $450,000, traditional 6% commission = $27,000.
Equity Kept’s fee for the same listing is $5,000. Assuming the seller pays the buyer’s agent a 2% commission ($9,000), that’s $13,000 in SAVINGS!
If sellers pays the buyer zero commission that’s $22,000 in SAVINGS
Absolutely not, you do not legally have to hire a real estate agent to sell or show your home. However, most real estate agents will not show your home to prospective buyers if they are not getting paid.
There is a lot of frustration regarding this topic after the National Association of Realtors recently lost a $1.8B lawsuit for Commission fixing. We recommend paying buyers’ agents a 2% commission but this practice is going to change soon.
It can be tricky when buyers don’t have representation to submit offers and coordinate the transaction on their behalf. Equity Kept can represent both sides with seller approval, which happens often. We only charge 1% to represent buyers!
Ultimately the seller would save more equity by not having to pay a buyer’s agent.
Equity Kept is licensed to operate anywhere in Texas with additional states on the way. Being that we are a stand alone brokerage, we have license requirements to meet in each states. Equity Kept doesn’t sell leads to outside Realtors; our proprietary platform is the Realtor.
Interested In Learning More?
Click here to learn more about our process. Or, if you ready to get started, click the below to signup.