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What is
the difference between a "traditional"
full service broker and your $399 flat
fee listing service?
There’s virtually no difference. Sellect
Realty's $399 listing is full service.
We represent our sellers and perform the
same duties as a traditional broker such
as determining your selling price,
listing your home on the MLS,
negotiating the contract 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 (e.g.
showing your home to buyers with no
agents). You will
not be paying the full normal commission
(typically 6%). The only commission you
will pay is to the broker of a buyer’s
agent (typically 3%), if an agent brings
you a buyer and sells your home. If
your home is sold to a buyer not
represented by an agent, 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.
Will agents with buyers pass up
my home if it is listed flat fee?
No. Agents will
be paid the same selling commission as
any listing offering a competitive
commission so they will show your home.
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 - 48
hours.
How long will my home be listed
on the MLS?
Your home will be
listed on the MLS until it is SOLD,
unless otherwise you terminate your
listing.
How many photos will you put on
my listing?
Sellect Realty
will display up to 12 photos on FMLS and
up to 16 photos on GAMLS, 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 and approximately 600 pixels X 400
pixels in size).
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.
If I find my own buyer, do I pay
any sales commission?
No, if you find a
buyer not represented by an agent on
your own, you pay no commission
whatsoever.
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.
Will my listing appear on
Realtor.com?
Yes. Only homes
that are listed on the MLS may appear on
Realtor.com, the largest consumers'
national real estate website to search
for homes on the market.
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 and in good condition (the
two most important factors), your home
should sell quickly in a normal market.
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 receive calls
directly from agents.
How does a buyer with no agent
contact me to see my home?
Any requests for
home showings that Sellect Realty
receives from buyers not represented by
agents will be referred to you with
their names and contact numbers. Also,
your flyers in the information 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.
May I advertise my home for sale
on other real estate websites or in a
newspaper at the same time my home is
listed on the MLS?
Of course! The
more exposure the better! Below are some samples of
popular consumer real estate websites
that Sellect Realty will post for you,
free of charge. Placing an ad in a
newspaper can be expensive and you may
end up getting nothing but calls from
listing agents wanting you to list your
home through them.

and MANY MORE!
How can I make changes to my
listing?
Just notify your
Sellect Realty agent of your changes at
any time in writing (email acceptable). 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
acceptable). FMLS and GAMLS
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 another 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
another real estate broker. Almost 100% of the time, it is the buyers'
agents who find your listing on the MLS
and sell your home and not
the realty company that listed your
property. It is extremely rare for
agents or buyers not to show or see a
home based on the name of the realty
company that listed a home.
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" yard 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 and stand.

Will you provide flyers?
We will provide
flyer templates, free of charge, for you
to make flyers yourself. 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
custom-design 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?

Yes. An
agent-access electronic lockbox that
holds your door key securely inside is
available to you for a one-time lease
fee. 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. We
highly recommend leasing a lockbox
because 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,
the majority of 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 usually give
you a window of two hours on when they
will arrive at your home.
Can I contact agents myself who
have shown my home to get "feedback?"
Yes, as the seller
you may, however, it will not be
necessary for you to contact agents
yourself if you lease an agent-access
electronic lockbox. Sellect Realty
subscribes to a company that is capable
of integrating feedback requests
automatically through the electronic
lockboxes. Feedback from showing
agents will be sent to you by email.
The service is free of charge to you.
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. An offer
will be sent in by fax or email to your
agent who reviews the offer and presents
it to you. Your agent will 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 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.
We will work with you every step of the
way, which includes representing you at
the closing. 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.” 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.
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 an 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 and
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
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
1% Cash Back rebate program.
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