Video Feed: Cut Traditional Real Estate Commissions With Alternative Selling Methods

Video Feed: Cut Traditional Real Estate Commissions With Alternative Selling Methods

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Thursday March 3rd, 2005 Thursday March 10th, 2005 1:30 PM - 1:45 PM ET 1:30 PM - 1:45 PM ET IA 5 IA 5 Transponder 24 Transponder 24 C-Band C-Band Downlink Freq: 4180 Horizontal Downlink Freq: 4180 Horizontal

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NEWS: Home Sellers Can Save Thousands by Eliminating the Traditional Six Percent Real Estate Commission Through Alternative Selling Methods

FORMAT: News Package With Extra Soundbites and B-roll.

ADDITIONAL RESOURCES: Video, hard copy requests, contact information and more available at http://www.prnewswire.com/broadcast/21232/press.shtml

STORY SUMMARY:

Home prices have skyrocketed and the traditional six percent real estate commission is taking more money out of a home seller's pocket every year. It is no surprise that many are gravitating to alternative methods that allow home sellers to pay less in commissions and keep more of the equity in their homes.

Alternatives include discounters that offer a reduced commission, but sellers should establish if services are reduced along with the commission. Then there's the For Sale By Owner or FSBO option -- working without the assistance of a real estate broker and keeping 100 percent of the home equity. However, be aware, of 100 FSBOs, only 10 percent will actually sell. The middle ground between the traditional six percent commission and the For Sale By Owner appears to be the set-fee alternative. Sellers show their own homes and licensed real estate brokers do the rest.

SOUNDBITES: * Home Sellers Jennifer and Louis Lento

* Rick O'Neil, President, Help-U-Sell Real Estate

B-ROLL INCLUDES: *** Footage of houses, O'Neil's interview, Lento interview, and Sellers signing agreement

VIDEO PROVIDED BY: Help-U-Sell(R) Real Estate

FOR TECHNICAL INFORMATION OR HARD COPY, PLEASE CALL: MultiVu Media Relations, 800-653-5313 EXT. 3

PRNewswire -- March 3

Video: http://www.prnewswire.com/broadcast/21232/press.shtml Source: Help-U-Sell(R) Real Estate

Web site: http://www.multivu.com/

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