Thinking of Buying or Selling Real Estate in Santa Fe??

Many consumers consider selling their home directly but eventually turn to REALTORS®. Smart home sellers realize they need the expertise in pricing their home, making connections with REALTORS® working with buyers, arranging and staffing open houses, and coordinating with other professionals in the sales process.

Frequently Asked Question’s

Q: What is my cost to sell?

A: A general estimate of a seller’s cost to sell includes real estate commission plus additional closing costs. Our commission fee is 6% for residential sales and 10% for land sales. Other typical closing costs for a seller include; gross receipts tax on commission, title insurance, septic inspection/certification, title company closing fee, survey/Improvement Location Report and other negotiable items. A good average is 7.5% for closing costs + commission for a residential sale and 11.5% for a land sale.

Q: What is my cost to purchase?

A: A buyer typically covers all costs associated with home inspections, financing, title company closing fee and other negotiable items. Be sure to ask your lender for a Good Faith Estimate of your lending costs.

Q: How long does it take to close a sale?

A: The closing date is a negotiable item. On average it takes 30-60 days to close an escrow for sale.

Santa Fe has so many options for living that it is important to provide support and service to our buyers that balances locally based information with their home search needs. It is our priority to spend quality time in a buyer’s search process in order to find a property that best suits their needs.

Offering Buyer & Seller Services with a diverse understanding & focus in mind!

For our Buyers:

• Comprehensive home search based on specific criteria outlined by our buyers
• MLS (Multiple Listing Service), online auto-search program specific to buyers needs, regional networking for properties that may not be publicly advertised
• Informative approach in the home search process, balancing the needs of the buyer with the realities of the area
• Full Service Resources to support our buyers – Locally based and nationally recognized lenders, established title services, inspection and legal resource directory

“We are available 7 days a week to our buyer’s, providing comprehensive full-time support & services”

For Our Sellers:

• Provide detailed and realistic market information in order to price property accurately for a successful sale.
• Review ways in which showings can be enhanced by means of staging, feng shui, clearing, landscaping, etc.
• Prepare for the selling process prior to listing. Selling a home can be one of the most intimate, challenging and exciting events in a lifetime. We understand that this process is more then pen to paper and that our sellers bring unique characteristics to a highly detailed transaction. Knowledge of the market, the process and sensitivity for the specific sellers needs are key to a successful transaction.
• Provide comprehensive and accurate market analysis and keep up with the ebbs and flows of our market during the listing period.
• Provide diverse marketing resources i.e. Professional Website Services, Virtual Tools, Target Print Advertising, Christie’s Great Estates Affiliate.
• Provide excellent on-line resource and in-house tracking systems to include monthly status updates and reports.
• Facilitate broker exposure, which is key to successful marketing. We do special Real Estate tours, MLS Area Tours and In-House Brokerage Tours.
• Provide contacts to include landscape, interior & exterior resources, established title services and lending supports to enhance marketing.

“We are available 7 days a week to our Seller’s, providing comprehensive full-time support & services”

03/13/2008

The NATIONAL ASSOCIATION OF REALTORS® Code of Ethics:
What Does it Mean for Consumers?

How does the Code of Ethics affect everyday real estate practices?

If a REALTOR® represents you, whether you are buying or selling a home, you can count on that REALTOR® to:

1. Be honest with all parties in the transaction – not just with you, as his or her client, but also with the other real estate practitioner and his or her clients.
For example, if REALTORS® represent a buyer with a spotty credit history, they can’t be dishonest with sellers about this fact. At the same time, REALTORS® can help their buyer clients collect and assemble information, such as credit reports and audited tax returns, to demonstrate that the buyer has addressed the problem and improved their situation.

2. Put your interests ahead of his or her own, at all times.
A REALTOR® makes every effort to understand the housing needs of his or her client, thoroughly researches available inventory, and shares all relevant information with the buyer so that he or she can make an informed decision. This service is provided regardless of the compensation available.

3. Disclose all pertinent facts regarding the property and the transaction to both buyer and seller.
If a REALTOR® believes information provided by a seller is questionable, the REALTOR® is obligated to investigate. REALTORS® should recommend that buyers consult their own experts, such as home inspectors, to address concerns. For example, if a home seller asks his or her REALTOR® to conceal the fact that the roof leaks, the REALTOR® cannot comply; if the seller insists, the REALTOR® should end the business relationship with that seller.

4. Be truthful in all communications with the public.
When REALTORS® distribute newsletters, create Web sites, or place advertisements, they must be careful not to represent other real estate professionals’ work product as their own. If recently sold or listed properties in the community are publicized, it must be clear whether the REALTOR® was actually involved in the transaction, or whether that data came from the local multiple listing service or other source. This ensures that the public understands the REALTOR®’s experience and can make an informed decision when choosing real estate representation.