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Non Traditional Real Estate the Wave of the Future Homes By Owner Realty helps home owners cut the cost of selling their homes. Instead of paying a 6% commission their customers pay a flat fee of $900 and save thousands of dollars in commissions. This approach begun by Homes By Owner Realty is catching on in Rochester, NY (PRWEB) November 6, 2005 -- Homes By Owner Realty in Rochester, NY is changing the way real estate is sold. The company was formed in April of 2005 and is already making an impact on the local real estate sales scene. In just six months they have listed over $10 million in real estate. Their website which is www.homesbyowner.com/rochester is getting more than 500 visits per day.
Homes By Owner charges a flat fee of $900 instead of the usual 6% commission. Customers also have access to the local multiple listing service. The man who started the company is Greg Masceri and he says, "people shouldn't have to pay more money to sell their home just because it went up in value." The idea is that real estate commissions have gotten out of hand and this company is reeling them in. If you own a home that sells for $ 300,000 through a traditional realtor who'll pay $ 18,000 in commissions to sell the property. By using Homes By Owner Realty you'll pay at worst $ 9,900 and at best $ 900 which is a substantial savings. How much you save depends upon whether or not you need the MLS. According to Masceri, "the MLS and a realtors are valuable tools in selling your home, they provide exposure, access and expertise." How much help you need depends on you.
According to Masceri the homes they're listing tend to be priced more competitively and consumers are selling homes more quickly because they're not paying a commission he says. Even when people sell their home through the use of the MLS they still are paying about half of the usual commission. The company has a presence throughout the Rochester area and is expanding by adding more agents to handle the demand for services.
Homes By Owner Realty is located at 3699 W.Henrietta Rd in Rochester, NY in the Marketplace professional building and for more information you can contact their corporate offices at 585-334-0600.
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