THE RULES AND WHAT YOU SHOULD EXPECT FROM THIS PROGRAM ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Legal Council Seller has the right and has been advised to seek legal council regarding any and all documents regarding the listing and sale of said property. Any contradicting comments and or terms in the statement supersede the listing contract. This is a limited service listing agreement. Listing Broker and or listing agent are acting as a Seller's Agent with limited services only. The property will be listed on the Multiple Listing Service as well as www.realtor.com, www.dougbaird.com and any other sites that may be associated sites. ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Start Up Fees A non refundable fee of $299.00 is to paid in advance. Payment can be paid when the documents are completed and returned to me. ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Agent completed documents (Optional) If you require me to complete the listing documents for you in advance and additional fee of $50.00 will apply. In addition, if you choose this option, all fees must be paid in advance. ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Length Of Listing Seller may list their property for up to 6 Months under this program. Fees will not be prorated regardless of the length of the listing or the length of time it takes to sell the home. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Property Showings All showings will be arranged and scheduled directly through seller. Any feedback, follow up or results of said showings are to be seller’s responsibility. Seller must also provide a phone number for other Agents/Brokers to contact them regarding showings. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Property Photos You may provide up to 5 photos to post on the MLS. These photos can either be e-mailed or supplied on a CD in JPEG format ONLY. (No Floppy Disk Will Be Accepted). All pictures must be renamed with numbers only in the order that you would like them uploaded. (For example 1front, 2living room...) Be sure that when you rename the pictures that the number is in front of the name. The front photo must always be the first photo. Seller understands once the property is listed on the MLS, it may take up to 72 hours for all the photos to be displayed on the MLS. At total of 12 Photos may be uploaded. The first 5 are free. Any additional photos are $10.00 each. Any photo changes or photo additions once the property is listed on the MLS a fee of $25.00 will be charged per photo. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Limited Service Agreement Listing Agent/Broker is working as a Seller's Agent with limited service. Normally no council or legal advice will be given to seller during the listing period. Seller understands that this program is a "For Sale By Owner MLS Only Program". Seller also understands that the listing agent does not normally visit the property or meet with seller to execute the paperwork. ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Returning the listing documents All paperwork will be delivered to seller via the Internet. To return the listing documents you may scan and e-mail them to dougybaird@aol.com, fax the documents to 616-588- 6311 or mail them to me at 1525 Penncross Dr. SE Caledonia, MI 49316. If you choose to mail the document be sure you enclose them in an envelope large enough so that the documents are not folded. ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Offers To Purchase All offers submitted by Agents/Brokers are to be presented directly to the property owner. Any and all completed offers must be provided to listing company. Grand Rapids Realty ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Advertising Your Property Advertising and or marketing will be arranged by seller and is to be at seller’s expense. Seller agrees to advertise the home as listed in the MLS and the with out placing the MLS number in the advertisement. Seller may also disclose to buyers they can buy direct from the seller if they are not working with an agent. All “For Sale Signs” and marketing tools are to be at seller’s expense ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Corrections, Updates or Changes Once the home has been posted on the MLS, the listing agent will E-mail the MLS number to the seller. Any and all corrections made with in the first 7 days of the listing are free. All changes, corrections, changes or updates made after the 7th day of the original listing date are to be at seller’s expense. ($25.00 per change). ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Listing Price Seller is responsible for choosing the initial listing price. If seller requires a price reduction, a $25.00 fee will apply for each reduction and must be paid in advance. All price reductions must be submitted through listing agent and or Listing Broker and in writing on proper MLS forms. These forms will be provided my listing office at no cost. ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Seller Agrees To Complete All Listing Documents A listing contract, seller’s disclosure, lead base paint disclosure, agency disclosure, limited service addendum and Grand Rapids Realty For Sale By Owner MLS only limited service agreement. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Offers To Purchase Seller agrees to provide a copy of any and all fully executed purchase agreements of the listed property. Seller is also responsible to notify the title company to e-mail the listing agent of all closing doc pertaining to the sale. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Moneys and Fees Paid In Advance Payment can be made one of two ways. Seller may pay via personal check. Checks are to be made out to Grand Rapids Realty. Seller may also pay via Pay Pal to the e-mail address of dougybaird@aol.com. Checks written buy seller and accepted by Broker/Agent with insufficient funds to cover said check will result in a $100.00 penalty to be paid by seller to broker by means of a money order or certified funds. If seller fails to provide said funds, the broker reserves the right to withdraw the property from the MLS and the terms and dates of the listing contract will be in full force subsequently preventing the seller from selling property unless the entire brokerage fee as well and any penalties are paid in full. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Selling Broker/Agent Compensation Seller may choose the commission must agree to pay a reasonable compensation/finder’s fee to a selling Broker if another Realtor/Broker provides a qualified buyer, an acceptable offer and can bring the transaction to a close. This fee must be agreed upon at time of listing. In the Grand Rapids area, 3% of the sale price and above is customary. However, the amount paid to selling Agent/Broker is seller’s choice. The amount of compensation must be established at time of listing and is to be paid only if the property sells and closes. Buyer Agent/Broker fees can either be a percentage of the sale price or a flat fee. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Seller May Expire The Home From The Market At any time the seller may remove the home from the market at any time for $25.00 ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Pending And Closing The Sale By law all pending sales must be reported to the MLS with in 72 hours from the time a purchase agreement is fully executed. Seller agrees to notify listing agent when an accepted offer has been executed as well as when transaction closes. This is considered contract law. Failure to do so will be seller agrees to take all responsibility for fines by the state or local government. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Closing The Sale Seller agrees to instruct the title company to e-mail the closing documents to the listing office once the sale has closed. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Sale Falls Through If seller enters into a sales contract and the sale does not result in a closing and the listing status must be changed from pending to current. Their is no fee for this change in status. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Listing Comments It is the seller’s responsibility to provide the listing comments to the listing broker in a “Word, Works, or Note Pad” format. No hand written comments will be accepted. Most MLS systems allow for up to 400 characters including blank spaces. The listing comments can be e-mailed or saved to a CD along with the photos. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ At Close Fees Seller understands that their will be no fees paid to Listing Broker at time of close. Any and all fees for service under this program are to be paid in advance. Seller also understands that with every Real Estate transaction, seller is required to pay customary fees such as Title Insurance, Closing Fee, Recording Fee Etc... ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Property is Sold By Listing Agent/Broker Any offer written by listing Agent/Broker and accepted by the property owner/seller the agreed commission on the listing contract to selling Agent/Broker is to be paid. Seller also understands that if this occurs, the Brokerage may become a dual agent. This does not include offers written on seller's behalf. ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- (Optional) Offer Purchase Service By Owner (Optional) Seller is aware that a service to write an offer for buyer and seller by Listing Agent/Broker is available. Upon buyer and seller agreeing on a price and terms and if seller requires listing agent to write and execute an offer on said property, Listing Agent/Broker, buyer and seller will physically meet at seller’s property to do so. A fee of $250.00 payable at time of Listing Agent/Broker meeting with buyer and seller will be charged and $250.00 at time of close. If sale does not close, moneys paid in advance are non refundable. Agent will be acting as a transaction coordinator. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ (Optional) Assisting In The Closing Process By Owner (Optional) If seller requires listing Agent/Broker to become involved in negotiating the transaction on seller’s behalf an optional fee of $250.00 at time of presentation and $250.00 at time of close will be charged. The agent's agency status will be changed from a Seller's agent with limited service to a seller's agent with full representation for this transaction only. If sale does not close or an agreement is not made, no refunds will be made on money’s paid in advance to the Listing Agent/Broker. -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| Do It Your Self "For Sale By Owner" MLS Services - Only $299.00 For Up to 6 Months This option allows you to sell your property on your own. If you sell it yourself, the commission to the selling Broker is waived. You can post up to 5 interior and exterior pictures on the MLS. You pay me the listing agent $0.00 at close unless I bring a buyer to the table and the sale closes. In most cases other Brokers and Buyers will call you directly for showing and with questions. In fact most buyer calls I get through the MLS will be referred directly to you. Your property will also be posted on www.Realtor.com, www.homes.com, & www.trulia.com.com as well as 20 to 30 other web sites. With this program you can now compete with all of the listed properties in Michigan. The quality of buyers calls will increase dramatically. Less "Rent To Own"& "Land Contract" calls and more I would like to buy calls. You choose any one MLS to post your property on. This a “For Sale By Owner Program” only. By using this program you understand that you are paying for a service to post your property on the MLS only. If you require assistance with the sale of your property some fees will apply. At any time during this listing period, you wish to upgrade to my full service program you may do so by paying the difference in cost. |
| Optional Services For Sale Sign Plus Shipping $10.00 Purchase Agreement (PDF) $10.00 Listing Changes After First 7 Days $25.00 Per Change (regardless of the number of changes you do at once each change is $25.00) Combination Key Box $39.95 (Plus Shipping) If You Would Like Me To Meet With You At Your Property Ad $100.00 plus mileage. -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| Realistic Listing Fees For This Unrealistic Market Call Doug Baird For More Details 616-554-5796 Michigan For Sale By Owner E-Mail DougyBaird@aol.com |
| How do you get the process started? First you must E-mail me at dougbaird007@aol.com to request the forms. Be sure you mention what MLS you would like your property listed on. If you have read this entire page and still have questions please call 616-554-5796. (PLEASE DO NOT E-MAIL WITH QUESTIONS) ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Everything is done over the phone and Via E-Mail. Once you have decided to use this program you will need to choose a price and a length of listing. I will E-mail the documents in a PDF format. Once you have received the documents you must complete them and return them Via the US Postal Service or e-mail with payment. Please no personal delivery to my home office. If you pay with a check it must be made out to Grand Rapids Realty. I also accept Pay Pal. If you would like additional services see the bottom of this page for a menu and a list of fees for these services. You may at any time send the description of the home (the listing card comments) and the pictures via E-mail. Be sure you send the listing comments in a Word, Works or Word Pad format. -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Note If you require the paperwork to be completed for you in advance an up front fee of $50.00 plus the $299.00 listing fee must be paid in advance before any documents are to be prepared. OR If you wish to complete the paperwork on your own without my assistance, the documents can be e-mailed to you for the most part uncompleted. You will not be allowed to black out any preprinted verbiage or change any of the terms of the contracts. The total fee of $299.00 will remain the same regardless if you choose to complete the paperwork your self or not. See below for links to sample documents. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- This program is strictly a "For Sale By Owner MLS Program"/ Limited Service Program. You as a seller are responsible for any negotiations with agents and buyers. If during the contract period, if you find you are overwhelmed you can upgrade to a full service program during the listing period for a fee. ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- All offers will be presented directly to you. If and when you come to an agreement, you will be required to provided Grand Rapids Realty a copy of the fully executed purchase agreement so that the sale can be reported as pending. Once the transaction has closed you must contact Grand Rapids Realty so that the sale can be reported as closed. Their is no fee for this. ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Just A Couple Of Things To Keep In Mind 1. Your phone number will appear on the MLS for agents to call you, however, MLS rules will not allow agents to place seller's phone numbers in such a place that the public can see. Any calls I receive on your home will be referred back to you the seller. If a call is taken on your property by another agent with in my company I have no control how the call will be handled. Chances are that agent will try to convert that buyer for them selves. 2. In most cases your property will be listed on the MLS with in 72 hours after the paperwork and payment is received. It may take more time for your property to hit each of the additional web sites that all listed properties are typically posted on. ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
