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What is
the difference between a "traditional"
full service broker and your flat fee
listing service?
There’s hardly any
difference because Sellect Realty is
full service and we represent our
sellers. We perform the same duties as
traditional brokers such as determining
your selling price, listing your home on
the MLS, negotiating the contract on
your behalf and attending the closing.
The biggest difference is in the savings
for you, if you are willing to invest
some of your time and effort in
marketing your home. You will not be
paying the full normal commission
(typically 6% of the sales price) that a
traditional broker would charge. The
only commission you will pay is to the
broker of a buyer’s agent (typically 3%
of the sales price), if an agent brings
you a buyer and sells your home.
Moreover, if you find a buyer not
working with an agent and sell your home
yourself or with Sellect Realty's
assistance, you pay absolutely no
commission.
What is MLS?
Multiple Listing
Service is a computerized database of
homes for sale. It is used by real
estate brokers to market and promote
their own listings and to cooperate with
other brokers in selling each other’s
listings for part of the commission. By
listing your home in the MLS, it will be
exposed to thousands of agents. A large
portion of real estate transactions is a
direct result of having been listed in
the MLS. In Metro Atlanta, there are
two competing multiple listing
services. One is called First Multiple
Listing Service (FMLS) and the other is
called Georgia Multiple Listing Service
(Georgia MLS or GAMLS). Sellect Realty
will list your home in both because it
is hard to guess which multiple listing
service an agent will use to search for
homes for sale.
Will my listing look the same as
"traditional" brokers' listings on the
MLS?
Absolutely. Your
listing will be identical. It will have
the same information as other sellers
paying full commission to their brokers.
Agents will not be able to tell that you
paid only a flat fee to get listed on
the MLS.
How long will it take for my
property to be listed on the MLS, once I
sign up?
We will place your
property on the MLS within 24 hours.
How long will my home be listed
on the MLS?
Your home will be
listed on the MLS until it is sold.
How many photos will you put on
my listing?
Sellect Realty can
display up to 12 photos on your FMLS
listing and up to 16 photos on your
Georgia MLS listing, free of charge to
you. These are the
maximum number of photos allowed by the
multiple listing services. Photos of the
exterior and interior of your home will
be taken by your Sellect Realty agent
during the listing appointment. You may
also submit your own favorite photos to
Sellect Realty (all photos must be
“horizontal” shots; vertical shots will
appear distorted on the listing).
Can I still sell my home "by
owner" while it is listed on the MLS?
Yes. Through our
flat fee listing service, you enter into
a contract with Sellect Realty called an
Exclusive Right to Sell with Open
Listing which gives you the right to
sell your property yourself while your
home is listed on the MLS. With
“traditional” brokerage agreements, you
enter into an Exclusive Right to Sell
contract and the broker is guaranteed to
be paid the full commission, even if you
found a buyer. You will pay no
commission whatsoever if you find and
sell to a buyer with no agent yourself
under our flat fee listing agreement.
Will my listing appear on other
real estate company websites?
Yes. Through a
broker reciprocity system, Sellect
Realty gives permission to all other
Georgia real estate brokers and agents
to display our listings on their
websites, “Courtesy of Sellect Realty.”
Buyers can search on any real estate
company website with online MLS listings
on the Internet and find your home for
sale.
Where are you located?
Sellect Realty is
a local company with its main office in
Marietta, Georgia. Our agents are
located all around Metro Atlanta and
they are familiar with many different
areas and neighborhoods. (Note:
Often, other flat fee brokers are
national franchises and located
out-of-state so that you do not receive
real live agent support or you are
assigned a local agent that may be inexperienced
or one that may give higher
priority to a full-commission paying
client).
How do I list my home with
Sellect Realty?
Just go to Listing
Appointment on the menu. Fill out the
easy form and submit. Or, you may call
us at 770-509-0265 to set up an
appointment or send us an email to
info@sellectrealty.com
How do I determine the listing
price for my home?
Your Sellect
Realty listing agent will assist you in
determining a listing price for your
home. Your agent will prepare a
Comparative Market Analysis (CMA) and
suggest a price based on past sales and
current competition in your
neighborhood.
How much commission should I pay
the buyer's agent?
It is totally up
to you to decide on the commission.
Commission fees are not fixed and it is
against the law for agents to demand a
certain commission. The vast majority
of sellers, however, are offering to pay
3%.
How long should I expect my home
to be on the market before it sells?
If your home is
priced right, shows well, and in a good
location, it should sell quickly.
How are showings arranged? Who
will call me to show my home?
Your MLS listing
will give showing instructions to
agents. The most common showing
instruction is “Courtesy Call Owner” and
your phone number will be printed on the
listing. You will be receiving calls
directly from agents.
How does a buyer with no agent
contact me to see my home?
Any requests for
home showings that we receive from
buyers not represented by agents will be
referred to you with their names and
contact numbers. Also, your flyers in the Brochure Box outside will have
your phone number printed for buyers to
call you directly.
Will Sellect Realty show my home
to a buyer with no agent, if I can't?
Yes, Sellect
Realty will show your home to a buyer
not represented by an agent on your
behalf if you are not available (for
instance, when you are away on vacation,
on a business trip, or you and the buyer
are unable to schedule a mutually
convenient time).
Will Sellect Realty show my home
to your buyers?
Yes. We are
licensed agents that represent buyers as
well as sellers, so if your home meets
our buyers’ criteria, we will show your
home.
How can I make changes to my
listing?
Just notify your
Sellect Realty agent of your changes at
any time. Your agent will make any
listing changes, including price change,
revising the wording in your public
remarks, etc., free of charge.
What if my needs change and I
want to terminate my listing?
You may terminate
your listing at any time for any reason
by communicating to Sellect Realty in
writing your termination request (email
or fax is acceptable). FMLS and Georgia
MLS will charge you a withdrawal fee of
$25 each. Sellect Realty does not charge
you anything.
What if I want to transfer my
listing to a traditional real estate
broker?
You can transfer
your listing at any time but remember
that your listing will end up on the
same MLS system when you re-list with a
“traditional” real estate broker that
charges the normal full commission.
Most of the time, it is the buyers’
agents who bring buyers to show and sell
your home and not the realty company
that listed your property. It is
extremely rare for buyers or agents not
to go see or show a home based on the
name of the realty company that listed a
home.
May I advertise my home for sale
on various real estate websites
while listed with the MLS?
Of course!
The more exposure the better! In
fact, Sellect Realty will automatically
list your home in many popular consumer
real estate websites
for you, free of charge.


Will my listing appear on
Realtor.com?
Yes. It is
the largest consumers' real estate
website to search for homes on the
market although newer ones such as
Zillow.com are giving them competition.
Does Sellect Realty provide a
"For Sale" yard sign?
Yes. It is a
professional real estate For Sale sign
in a metal frame.

Whose phone number is on the
"For Sale" sign?
Sellect Realty
brokerage firm’s phone number is on the
For Sale sign. The Georgia Real Estate
Commission requires that a licensed
brokerage firm display the name of its
realty company and phone number on the
sign. Any calls we receive from buyers
not represented by agents from the sign
will be referred to you to give you the
opportunity to sell “by owner” so that
you will not have to pay any commission.
Do you provide a Brochure Box for flyers?
Yes. It is an
information box with a lid.

Will you provide flyers?
We will provide
flyer templates, free of charge, from
our Publisher file for you to make
flyers yourself as well as a sample
flyer for you to follow as a guide. You
may also create your own flyer with an
original design. It will be your
responsibility keep the information box
filled with flyers. If you would like
Sellect Realty to make a master flyer
for you, it is an optional marketing
service for a fee.
Whose phone number is on the
flyer?
Your phone number
will be the one printed prominently on
the flyer. Potential buyers who drive
by and pick up your flyer will call you
directly. It will give you the
opportunity to sell “by owner” to a
buyer not working with an agent and you
will not have any commission to pay.
Do you provide a street
directional sign?
Yes. We provide
the first one free of charge to you.

Do you provide a lockbox?
An agent-access
electronic lockbox that holds your door
key securely inside is available to you
for a one-time lease fee of $100. You may use
the lockbox for the entire time your
home is listed for sale. Sellect Realty
will monitor your lockbox regularly to
check dates, times, and names of agents
who entered to show your home and their
realty company names and contact
numbers. Feedback from agents are
also obtained for you from lockbox
showing information. We highly recommend
leasing a
lockbox -- the more accessible your
property is to agents, the better the
opportunity to sell your home.
Sometimes a homeowner may feel
apprehensive about the possibility of an
agent showing up without notice with a
buyer and enter the home using the
lockbox. This situation can easily be
avoided by keeping the lockbox inside
the home until the homeowner receives a
call from an agent and then the
homeowner can set the lockbox outside
next to the door in time for the agent’s
visit.

Can I show my home by
"Appointment Only?"
Yes. However, in
general, agents do not like to show
homes that are by “Appointment Only" because it is difficult to schedule it
with the number of other homes that they
show in a day. For this reason, there
is a possibility that if yours is by
“Appointment Only,” agents may pass up
on showing your home.
A better way is to
select “Courtesy Call Owner” on your
showing instructions to agents on your
MLS listing. Agents will call you
directly and let you know the date and
time frame of their visit. They will
usually give you a window of two hours
on when they will be arriving.
Can I contact agents myself who
have shown my home to get "feedback?"
It will not be
necessary for you to contact agents
yourself. If you lease an agent-access
electronic lockbox from Sellect Realty,
we will be able to obtain feedback from
agents for you through our HomeFeedback
system. We will be monitoring your
lockbox and whenever your home has been
shown by an agent, we will request a
feedback and let you know the response.
In general, it is better for us to get
feedback for you because agents may not
be as open and honest to a homeowner as
they would be to us.
Do you negotiate the contract?
Yes. Your Sellect
Realty agent who represents you will
negotiate an offer directly with the
buyer’s agent, on your behalf. Usually,
an offer is sent in by fax or email to
your listing agent and then your agent
will forward it to you or meet with you.
Your agent will review and discuss with
you the best counter offer strategies
and negotiate the contract for you.
What do I do if a buyer not
working with an agent wants to make an
offer?
You may negotiate
with the buyer but do not sign anything
until you have contacted your Sellect
Realty agent to review the offer for
you. As your representative, your
agent will assist you with the
negotiations as well as provide all the
necessary contract forms, free of
charge. Your agent will not
represent or advise the buyer.
Will you go to my closing?
Yes. Even though
you list through our flat fee service,
we do not treat you any different from
our higher commission paying clients.
As your representative, we will work
with you every step of the way through
the entire selling process.
Occasionally, there may be a conflict in
scheduling and we may not be able to
attend your closing but it is rare.
Other flat fee companies do not attend
closings or charge between $150 - $300
for the service.
How can your Company charge so
little and make any money?
We make it on
“volume.” Our agents list a far greater
number of homes than other real estate
company agents. Also, our flat fee
service approach is to market your home
in the most essential advertising venues
only and not waste money on unnecessary
advertising.
Do you also represent buyers?
Yes. In fact, you
can use your listing agent to be your
buyer’s agent to help you find your next
home and take advantage of our popular
Cash Back rebate program. We have
many satisfied clients who have saved
thousands of dollars both ways – selling
and buying. To learn more, please click
on Cash Back on the menu.
Currently, we are offering a 1.5% Cash
Back Special!
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