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GET SEEN BY MORE HOME BUYERS!
ADVERTISE YOUR HOUSE FOR SALE
IN THE LOCAL HAMPTON ROADS MLS.
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For Nearly 20 Years Peninsula Homes Real Estate Has Helped Many People, Just Like You, Sell Their Homes.

We Are Located On The Peninsula. But We Help Home Sellers In Hampton, Newport News, York County, Poquoson, Norfolk, Chesapeake, Virginia Beach, Portsmouth, And The Surrounding Areas.

We Are A Full Service Real Estate Company. However, We Also Offer A Service Specifically Created To Assist For Sale By Owners. This Service Does Not Involved Traditional Real Estate Commission Fees.

YOU DO NOT NEED AN AGENT! YOU DO NOT NEED A REALTOR!

The Video Provides An Overview Of Our Flat Fee MLS Service.

All Across The Country The Statistics Are Clear. The Main Driver Of Home Sales. The Number One Factor That Helps Generate A Home Sale Is Having It Included In The MLS.

There Are Hundreds Of Real Estate Agents Out There. They All Have Customers And Clients. And Your Home May Be Exactly What Their Buyers Are Looking For.

So What If You Were Able To Take Full Advantage Of This By Having Your Home Active In The MLS? And What If You Were Also Able To Skip The Typical 6% Realtor Commission Fee? Plus, Still Retain All Of The Freedom To Sell Your Home Yourself Without A Realtor?
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The MLS Is The Number One Driver Of Home Sales In America. Our Company Offers A Flat Fee MLS Service. If You Are A Current F.S.B.O. Getting Your Home Included In The MLS Will Significantly Increase Your Home’s Visibility To Serious Active Home Buyers. It Will Help You Sell Your Home Faster!  Many Successful FSBOs Advised Getting Your Home Included In Your Local MLS Is A Necessity!

JUST ONE TIME ONLY, $149.00, FOR A 6 MONTH LISTING.
YOU DO NOT PAY, UNTIL AFTER, YOUR HOME IS LISTED!

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HERE IS WHAT YOU WILL GET

1) We will place your home in the MLS for a 6 month period for one low flat fee. Your home will be visible to hundreds of real estate agents, who are actively working with buyer clients, in your area.

2) You can submit up to 10 photos.

3) In addition… Your home is also syndicated to all of the major home websites like Realtor.com, Zillow, Trulia, Yahoo, Homes.com, and more.

4) Plus… Your home will be included on all of the area’s major real estate companies, and their top agents, individual websites. Your home will be included on what is called an IDX data feed. This means when someone goes to the Long and Foster website your home will be there. When someone goes to Rose and Womble website your home will be there. Century-21, William E. Wood, RE/Max, etc. And if top agents, in any of these companies, have their own personal website, your home will be there.

5) On top of this…. What F.S.B.O. consider the biggest benefit of all. You are still free to sell the home yourself!

Your home will be visible to hundreds of real estate agents when they log into the MLS. Plus thousands of home buyers on the most popular websites, wherever, they choose to visit. All while your home still remains on the major For Sale By Owner websites, Craigslist Real Estate By Owner section, etc.

If a real estate agent successfully finds a buyer for your home, you can offer any amount of finders fee, aka sales commission, that you choose in the MLS. What agents are accustom to seeing in the MLS is somewhere between 2% and 3%.

However, if you do sell the house yourself, then nothing is owed to anyone. You pay zero realtor commission fees! Your only cost was our, one time only, low flat fee service to have your home placed in the MLS database.

We make it really easy to get started. Simply complete the contact form below. Let us know you are a FSBO who would like to use our MLS Only service.

There is the listing agreement, and a few forms that the MLS, and the state of Virginia, requires. We send those to you. You review them… sign… and send them back to us.

Once we receive it. We will enter your home in the MLS at the price you instruct us to. We will then email you the direct link to your listing to show it is live, and as proof that it has been done. You will see exactly what all the Realtors will see inside the MLS. That email will be followed by a invoice for your records.

Payment on the invoice is due by the end of the next business day. Payments are processed by PayPal. We chose them because they are the number one, and most trusted, payment system on the internet. And the easiest to use. Everyone can simply click the invoice link and make the payment with a credit, or debit, card. You do not need a PayPal account!

If you do not have a credit, or debit, card we accept western union, or money gram. We will provide you with all the necessary information.

Scott, and Athena, told us that they had a great result using the our MLS Only service. So we asked them if they would record a quick video. They unexpectedly needed to sell their Condo. They hadn’t had it long. When they did the math they would pretty much break even. But when they added in the realtor commission, they would actually had to pay money at closing. They interviewed a few agents and asked if they would lower their fee. Only one was willing to go from 6% to 4.75%. That still wouldn’t be enough so they used our service. After about 2 months they were contacted directly by a couple. It led to a sale. Scott and Athena ended up actually paying no commission at all.

 

 

 

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FREQUENTLY ASKED QUESTIONS

Q. What Is The MLS?
A. Like the name sounds, when a property is listed in the MLS it is identified as such so an Agent knows that is a limited service listing. That way they know that listed the property is Deal Directly With Seller. They know that the real estate company only listed it in the MLS and does not provide any other services, at all, to the Seller. Other than to update the status of that listing (Contingent, Pending, Sold). Home buyers, or their agents, deal directly with you! The objective is to get as many agents as possible looking at your home in the MLS and recommending it to their buyers.

Q. What Forms Do I Need To Submit?
A. There is the agreement for Peninsula Homes to represent you. That gives us the authority to enter your home in the MLS. Then there is the actual MLS Listing Agreement plus an addendum. There is a MLS Input sheet where you basically check off all the features that your home has. Then there is a require Virginia Disclosure Form. Plus, if your home was built before 1978 there is a Federal Lead Base Paint form. These are all the exact same forms that will be required. The state and federal have nothing to do with the MLS at all. Anyone selling their home is require to complete them including FSBO. In order to stay in compliance with Federal & State Laws, State Licensing Statutes, and MLS Rules all of the required forms must be submitted before your property can be listed in MLS. (We created a video below that gives an overview explanation of each form.)

We make this very easy! We will email you everything you need. And, we use an eSign service that simply allows you to click to sign. It can all be done right over your Smartphone.

Plus the MLS requires at least one photo of the home. Of course if you really want to sell it you should submit more. At least the front, back, living room, kitchen, bathroom, master bedroom, and garage. With our service you can submit up to 10. Email them in the .jpg format and they all will be uploaded to the MLS. Or, if you already have them posted somewhere online, just send us that link.

Q. How Do Agents Or Buyers Contact Me?
A. However you prefer. They only see what we enter into the computer. So if you prefer a text, or a call, to a certain number, or all contacts to going to a certain email address, that is completely your choice. If an agent, or a direct buyer lead, should happen to contact us, then we give them all your contact info. It basically becomes a direct relay to you.

Q. Do I have To Offer A Commission?
A. To be in the MLS, a Seller must offer a commission (some may consider it a finder’s fee) to a buyer’s agent. However, the Seller will only pay that commission if the a real estate agent found a buyer, sold your home, and a successful closing actually occurs. In that case why wouldn’t you want to pay a finders fee, or sales commission, or what ever you want to call it. There is no set amount. You can offer anything you choose. But keep in mind that your home is directly competing against all other similar homes in the MLS. So if you are offering 1%, and the home right around the corner, in the same price range, is offering 3%, who do you think the agent will put at the top of the list to show. People are people. And real estate agents are people. They are accustom to seeing between 2% and 3% if you stay within that range, then your home will be right in there with all the others. And remember, if a buyer finds it on Zillow, etc. contacts you directly, and that leads to a sale, then you pay 0%.

Q. What Do I Do Once I Accept An Offer?
A. Per MLS Rules, Sellers must inform Peninsula Homes within 1 business day after a change in status. It is very important to know that you must notify Peninsula Homes within 1 business day. You agreed to keep the MLS data current. And to stay in compliance with all MLS Rules, State, and Federal Laws. The MLS can issue fines. You agreed to pay any fines that were completely due to your actions, or failure to act. Just simply keep us updated as to the status of the home. And do it by email so that you have a record of the communication.

Also, you have a choice on how it appears in the MLS. It can show as Pending Sale in which case all activity will stop. Or it can be reflected to where agents will see an offer has been accepted, but Continent on a  home inspection, or buyer’s loan approval, etc. They can still consider it for back-up offers. In which case you could still receive calls about the home, people still wanting to see it, etc.

Q. What Do I Do After My Property Is Sold?
A. Of course if the home sale has closed it needs to be removed from the MLS, and all contacts to stop, etc. If any status of the home has changed. We need to know so it can be updated in the MLS. It is not hard to do. The issue is with people just forgetting to do it. The agreement is to notify Peninsula Homes within 1 business day. However, the MLS doesn’t start issuing finds until it exceeds 14 days. Therefore twice a month you may get a courtesy generic email from us inquiring if there has been a change in status. Simply reply to that email with the status change. Or ignore it if there is no change..

Q. What Type Of Listing Agreement Do I Have To Sign?
A. You sign an “Exclusive Agency” agreement. That is the type of listing that also gives you the option to freely attempt to sell the home on your own. While it is simultaneously listed with a real estate company in the MLS. Then it is what ever happens first! If you sell it on your own then you do not owe commission to anyone. But, real estate agents exist for a reason. If one of them is able to find a buyer for your home, and successfully close the sale, then that is the whole purpose of a sales commission. With this service you have both worlds available to you.

Q. Am I Prohibited From Using My For Sale By Owner Yard Sign?
A. This is probably biggest thing you’ll need to do a little differently than what you are doing now.  The MLS position is that, even though you are free to keep advertising, and attempting to sell the home yourself, it is now an officially Realtor MLS Listed Home.

Therefore, there has to be a sign in the yard that matches the real estate company’s name in the MLS. They are pretty strict about this. Other agents see it and report it to the MLS. They can then issue a fine. Or delete the listing. Or both. Many people will keep the FSBO that they have been using. But then just get an inexpensive 2nd sign! You can get a inexpensive For Sale sign from Walmart or anywhere. It just has to have Peninsula Homes Real Estate written on it.

Q. What If I Want To Use A Traditional Realtor While My Property Is Listed?
A. Remember the term is for 6 months. If you want to change to a traditional full service Realtor before then, you must cancel your listing with us first. There are no refunds because we did our job. Peninsula Homes fulfilled our agreed upon duty once the home was placed in the MLS. But, when it is cancelled, you are free to list with any other real estate company you choose. Only one real estate company at a time can list your home. (Ask if that company will work something out, at closing, as a reimbursement for the remaining months you had with our flat fee MLS.)

Q. How Does Peninsula Homes Provide This Service At Such A Low Cost?
A. We are a full service real estate company just like all the other real estate companies! However, we also offer this flat fee MLS service to For Sale By Owners. A customer can choose full real estate service, or just the MLS Only service. If that is what they choose, then it is really just data entry. Their information is entered in to the MLS and that’s it. This is typically done without ever leaving the office. Everything is completed online.

Compared to other Flat Fee MLS companies, we offer a better service. Here is a link to a message board where people are reviewing the leading national Flat Fee MLS companies. Click the links to these companies and check their packages and prices compared to what is quoted in the letter you received from us. Also notice that for nearly all of them you first have to indicate what state you are in, then find your particular city. They are really just referring customers. You submit your payment on their website. Then they refer you to a local agent in your area that they have an agreement with. And, it is possible that individual could request something additional from you. However, we are already right here in Hampton Roads. And, you do not submit payment until after you know your MLS listing is live.

Q. How Many Property Have Been Sold Through Peninsula Homes?
A. A lot. I first got my real estate license in 1996. I spent a few years with Century-21. Then Peninsula Homes was started in 2003. About 1/3 of all properties listed with a MLS Flat Fee Service have been Sold. And, about 1/2 of those are Seller to Buyer direct, which means the Seller paid NO Commission.

Also, sometimes as real estate agents we have to tell home sellers things they may not want to hear. Like if the house doesn’t sell it has nothing to do with the MLS. The MLS simply guarantees that it will be seen. And it was probably seen hundreds of times on a daily basis. And that is just Realtors! That doesn’t even count the people on Zillow, Trulia, etc.
If a house does not sell it is usually the condition, the location, the price is not in line with the current real estate market, or a combination of them. The location is the only thing that can’t be changed.

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We are frequently asked what exactly are the forms required to start the service and get my home listed in the MLS? This video provides an overview, and a brief explanation of the actual agreements, disclosures, etc. that you will sign and send back to us. Once we receive them, we will enter your home in the MLS. Then we will send you a direct link to the live listing.

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Q. Is This Flat Fee MLS Service For Everyone?
A. No it is not. You have to be able to handle the contact inquires, and coordinate the showings of the home, completing the required forms, writing a description of the home, taking pictures, ordering a sign, getting a lock box, etc.

And then when you get someone who makes a purchase offer there is a whole other series of things that takes place during the negotiations, home inspection, home appraisal, financing approval, etc. Then yet another series of things that have to be done once everyone proceeds towards the actual closing.

There are some sellers who will not be able to handle everything. Then there are many others who can… but they just don’t want to. Real Estate Agents exist for a reason. And we would recommend a full service agent for these types of home sellers.

But this service is absolutely perfect for For Sale By Owners. You are already doing everything. Now you’re just adding another powerful marketing option for getting your home sold!
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WE OFFER THE BEST FLAT FEE MLS SERVICE FOR THE ENTIRE HAMPTON ROADS AREA!
IT WILL SIGNIFICANTLY IMPROVE THE CHANCES THAT YOUR HOME WILL SELL FASTER.
SIMPLY COMPLETE ALL THE CONTACT FORM BELOW NOW.  WE WILL SEND YOU ALL THE
FORMS REQUIRED BY THE MLS.  EVERYTHING CAN BE DONE OVER YOUR SMARTPHONE.
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Your Home Could Be Listed In The MLS Today.
Contact Us Now To Get Everything Started.

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PENINSULA  HOMES  REAL  ESTATE
809 Aberdeen Rd. #9001 Hampton VA 23670
Phone: 757-838-4663      Fax: 757-299-9900
WE HELP FOR SALE BY OWNERS SELL HOMES

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