Frequently Asked Questions
Q: What is the main reason I should use the Builder Referral Program to build a new home?
A: The main reason most homeowners use the Builder Referral Program is to save money on real estate commissions. Mark Spain Real Estate will sell your home for a 4% commission, rather than the normal 6% commission. In addition to the financial advantages, choosing this program also allows you to save valuable time and effort. By leveraging our expertise you can expedite the selling process and navigate the complexities associated with selling a property, freeing up your resources to focus on designing and building your new home. With the Builder Referral Program, you can confidently embark on your journey to build a new home, knowing that you are making a prudent financial decision while receiving expert guidance and support every step of the way.
Q: How can Mark Spain Real Estate list my home for a reduced commission?
A: We, as the Real Estate Company, are compensated by the builder of your new home. Therefore, you can enjoy the benefit of significant savings without incurring any additional costs. It is the builder who covers the commission fees, allowing you to take advantage of the reduced rate and keep more money in your pocket. By participating in this program, you can confidently move forward with building your new home, knowing that the financial burden of the commission is handled by the builder, and you are the one who reaps the rewards of the cost savings.
Q: What if I have my own Realtor®?
A: If you have already entered into a contract with another Realtor, it is important to note that the Builder Referral Program will not be suitable for your situation. The Builder Referral Program is designed to help those who do not have a Realtor. This program is not intended to take business away from other Realtors. Its purpose is to offer support and benefits to those who are seeking professional guidance in the process to build a new home.
Q: Since Mark Spain Real Estate reduces their commission, will they really advertise and market my home properly?
A: First, remember Mark Spain Real Estate does not get paid until they sell and close on your home. Second, we will give you a professional marketing plan that tells you exactly how we will market your home. Mark submits all of his listings to the local area MLS. Additionally, your home will have an internet presence via MarkSpain.com, Zillow and Realtor.com, in addition to many other leading websites.
Q: May I cancel my contract with Mark Spain Real Estate if I am unhappy with their services?
A: Yes. If at any time you are unhappy with the services we’ve provided you in the process to build a new home, the listing contract provides you with a cancellation clause. We are among the few Realtors® that offer this type of clause in the listing contract.
Q: What is an example of how I can save?
A: Say your sales price is $300,000. The typical commission for that price would be around $18,000. However, through our Builder Referral Program, the commission would be $12,000 saving you a total of $6,000!
Q: Which builders participate?
A: We currently work with 8 new home builders. Complete the form above for a team member to be in touch with further details.
Q: Where can I learn more information?
A: Please visit our blog on the benefits of new construction and tips on the process to build a new home.