Information For Sellers
9 Reasons to sell your property with Lovell Real Estate
We have a Flat Rate Fee & There Are NO FEES IN ADVANCE
Our flat rate covers marketing and advertising so YOU'LL SAVE MONEY compared to 'commission only' and 'vendor paid' advertising systems. Our Flat Rate fee policy saves you THOUSANDS!!
We understand the time it can take to build equity in your home, which is why we offer a flat rate selling fee payable only upon a successful sale. Flat rate fees for selling homes can save consumers thousands and that is why Real Estate Agents that offer this payment option are increasingly growing in popularity.
Whether your property is worth $100,000 or $1 million plus, our flat rate represents a very competitive saving to you (especially for higher priced properties where our fee is capped).
And yes - our flat fee is a permanent fixture in our service. And there are ABSOLUTELY NO CHARGES UNTIL BOTH YOUR PROPERTY IS SOLD AND YOU'RE HAPPY with our service. That means you wont be paying "Vendor paid advertising" or paying us to help raise our profile and cover our company advertising costs. We are frequently amazed that home owners are often willing to pay for both their own advertising AND the commission fee upon selling. Our philosophy is that you pay us to find a buyer for your home. So it seems logical that as a condition of finding a buyer for your home that we accept any loss associated with the marketing of your property (including advertising costs).
At the end of the day you pay one, and only one, flat rate selling fee. And this is paid only when your property is sold and you're completely satisfied. We'll never ask you to pay upfront charges, or create a situation where you can suffer financial loss if your property does not sell. Should any advertising be required, then we will be responsible for all costs incurred. This we guarantee!!
Which best describes you? How a flat rate fee will save you money compared to commission oriented fees. These are the benefits:
First Home Buyer It takes time to save a deposit and a flat rate fee can save MORE of your hard earned deposit to invest into the equity of your new home. Why? Our homes for sale are not price inflated to absorb a large selling fee which is usually passed on to the purchaser.
Existing Home Owners A flat rate fee will save you money compared to commission oriented fees. You'll save money AND you'll also retain more equity in your property.
Superannuates Home Owners (for people no longer with an income) A flat rate fee will allow you to retain more/fairer equity in your home allowing more money to repurchase or to spend on that special holiday.
Property Investors, Builders, Developers A flat rate fee is transparent and not dependant on sale value. That means you can organise your investment and finance plans in advance. Back to top
Lovell's Famous Selling Triangle
We use what we call "Lovells Famous Home Selling Triangle" to agree on the right price for your home. The entire concept is based around honesty, so this is how it works and how you know you are getting the best price for your property:
When we first meet, we'll tell you how much you'll get for your home (and never inflate the amount so you'll pick us). We carefully look at recent market and sales statistics, compare your home to recent sales and prepare a "HOME SELLING TRIANGLE". The triangle will show you three prices:
$ Heart: How much someone will impulsively pay for your home (if they are in LOVE with your home and purchase with their heart).
$ Probable: How much the market says someone is likely to pay (compared with local sales and market information) fair market value.
$ Bargain: How much someone would pay if they were getting a bad bargain (what would happen if you undersold your property).
Our price quote will provide you with an accurate selling price in today's world. Back to top
We Don't Do Open Homes So Your Home Is Still Private and Secure
There are a number of reasons why we choose not to use Open Homes when marketing our client's properties. Primarily is the issue of security. Do you allow 'total strangers to intrude into the heart of your personal world'? This is exactly what happens when your home is marketed by Open Home. Strangers walk through your lounge, they go into you bedrooms and they open your cupboards. What happens if more than one person is looking through your home at any one time? Who is responsible for security?
Lovell Real Estate will never open your home to public inspection as we believe that your homes privacy and sanctity should be protected. We also feel that only qualified buyers should be introduced to your property, which is why we place a strong emphasis on effective marketing and the maintenance of a large database of potential buyers that can be matched to your property. Back to top
Our Agents Are Paid Salaries Plus Performance Based Bonuses
Our team is solely motivated by providing you with a top quality service! The Lovell Real Estate team are not paid commissions like mainstream real estate agents for very important reasons. We believe our team needs to be solely motivated by providing you with a top quality service. At Lovell we believe great sales people shouldn't be under pressure from other situations (like paying the bills and feeding the children), so we don't put them in positions where they could feel desperate enough to step over the ethical boundary.
Paying our team salaries also means we always have a high calibre team that can be provided with stronger training and support than traditional real estate agencies. All our team are put through a rigorous three and a half month induction period where they are trained purely in the Lovell systems, sales and negotiations. That means they are completely prepared and can provide an optimum service when they begin working with home owners. Back to top
We Don't Pressure You With Auctions
We don't leave the sale of your property to chance with high pressure and costly auctions. Instead we place emphasis on our skills in sales and negotiation to get results.
We have asked the following question of buyers who have bought at auction, "would you have paid more?" On most occasions they have said yes, this is a worrying reply.
So why don't they pay more? Simply because they don't have to. There are two parties in a sale price negotiation, a seller and a buyer. Each has their final price or their 'limit'. The sellers final price is the reserve (that's the lowest the home will sell for), and the buyers final price may never be known. There is no procedure at an auction for determining the highest price a buyer will pay. Back to top
We Offer You A Client Satisfaction Guarantee
To demonstrate our commitment to your best interest, we willingly offer a client satisfaction guarantee. No other group of real estate agents offer such a complete level of protection. This means you are assured of the best price and the best service. It is a legally binding contract that protects you from systems and practices that are not in your best interests (including estimated selling price, cancellations of listing agreements, confidentiality, insider trading fees). Back to top
Our Sales and Negotiation Training Is The Best Available
At Lovell our commitment to giving you fantastic service begins with our Sales and Negotiation Training. We believe that well trained, disciplined, focused and most importantly people that care about getting you good results are what you need in an agent. Before they even start listing houses a new Lovell salesperson will go through an intense three month training system that ensures you will find ethics and service second to none. Back to top
We Have a Database Of Buyer's Waiting To See Your Home
Most properties sell within the first two weeks with the help of our buyer's database. Competent agents know how to attract buyers and make it easy for them to buy. The average home buyer spends over 100 days searching for the right home, this means that they are in the community ready to buy NOW! Our buyer's database means that we are constantly meeting with new prospective buyers, listening intently to their needs and updating our database daily. The advantage is that as soon as you walk in wanting to list your home we can run a simple and fast search and immediately come up with buyers that are interested in your home. We have already established trust and understanding with them and can match them to your home with good background knowledge. Back to top
We Don't Make More Money Off You Through Advertising
Some agents make around $7000 a quarter from advertising kick backs! The advertising publications pay them a commission, that is why they are so keen to get you to UP the advertising of your property. Not us. We believe that it is our job to sell your home for you and whatever it costs to do that is our problem, you will never have to worry about paying big advertising bills when trying to sell your property with Lovell. Back to top
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