How Property is bought & sold in the US and what co-broke means.
The process of buying property in the US is quite a bit different than the buying process in the UK. In the US all Real Estate Agents who sell to the public by law have to be educated in core law and licensed to sell Real Property. Only licensed Real Estate agents can show and/ or make offers on other Real Estate Agencies Listings, the fact is 90% of home listings sold in the US are sold by Real Estate Agents from different Agencies. This is possible because the Realtor's Association has 1 database for each region throughout the whole United States, we call that database the MLS - "Multiple Listings System" it's a system/ database where licensed estate agents pay a membership fee to see every home that is For Sale the minute it comes on the market, in our case the State we sell homes in is all Florida but we focus specifically in the Disney Area. The MLS requires us to pay dues annually, comply by their rules of ethics and demands that all Realtors stay up to Date with core laws with continueing education. The Realtor's Association requires all Realtors to put on all information about a new home listings on the MLS within 48 hours so all licensed agents can see the property with details to send by email to their clients/ buyers for a possible showing of the home that may lead to an offer. This system allows us Realtors to be able to show you any home For Sale in Florida, the process is a co-broke system meaning that someone years ago thought estate agents who had more properties to show to their customers are more productive for both buyers and sellers. Commissions are standard and predetermined before the home listing ever hits the market so agents will never negotiate commissions with each other, commissions are posted on every MLS home listing and are split between the 2 agencies and paid by the seller once the home sale is completed/ CLOSED. Buyers do not pay for our services, every UK client we've had loves our system because it eliminates selling, you tell us what price range you are in, how many bedrooms, the type of property right down to the Street you wish to live on we can show you everything on the market For Sale to you on our computer or sent to you by e-mail first then if you liked 1 or 12 homes we will arrange a time and Day to go see them in person.
Again sellers pays Realtor's commissions, as our buyer we work for you showing you what true market value is on the home or homes you like..
All of the builders work with us the same way, so if you are looking for a new home we can show you any new home, any home in the process of being built or we can look at the perfect lot to have your home built on. Realtors are the gear that put new home sales in motion, builders send us all of their product, pricing etc..on a regular basis.
Finance is available, right now the lenders require 30% down up to 30 year mortgages with low %.
The average time it takes from accepted offer to ownership /close on a property is 45 days for a mortgaged buyer, 10 business Days ( if chosen ) for cash on a resale 2-3 Days on an already built New Build and you don't need to be here to sign paperwork as it can be done back in your Country thanks to the Internet, E-signing, FedEx, UPS & Bank Wires.
Before scheduling an appointment get to know us first by reading our testimonials
We are here to answer any questions you may have about the process!
- BBC NEWS
- US Immigration info
- US Tax ID
Arriving to Orlando International Airport