Listing on the MLS for a flat fee is the exact same thing as listing with a 6% REALTOR®. You are just paying less money to get the exact same service. We are REALTORS® and a BROKER. Your listing will look exactly the same as all other listings. www.UtahBroker.com
Lynn Fillmore, "At Your Service"
Principal Broker / Senior Partner
REALTOR® Since' 1992
Town & Country Apollo Properties
1360 S. Carterville Rd, Orem UT 84097
UtahBroker@comcast.net OnlineInput@gmail.com
(801) 224-1559 Office
(801) 372-1658 Cell / Text
www.utahbroker.com/lynnfillmore
A Utah Licensed Brokerage and member of the following Utah MLS systems:
- Wasatch Front Regional MLS for Central, South East & Northern Utah Properties
- Park City MLS for Summit County & Northern Mountain Properties
- Iron County MLS for Cedar City, Utah Area Properties
- Washington County MLS for South West Utah Properties
As a Fiduciary Agent, we are available to our clients 7 Days a Week
2.1 UNREPRESENTED BUYERS: It is EXPRESSLY UNDERSTOOD and AGREED, if an Unrepresented Buyer (the “Buyer”) is identified by the Company, The Company may refer the Buyer to the Seller and the Seller will introduce (present / show) the property to the Buyer. As a condition of closing, and in lieu of any Brokerage Fee, the Seller agrees to pay to the Company a 1.5% “Referral Fee” based on the agreed acquisition price. If an Unrepresented Buyer is located by the Seller prior to or after the listing is posted, the Seller may introduce the Property to the Buyer and then refer the Buyer to the Seller’s Agent for a 1% “Referral Fee”. (See 5.2 below). Upon referral, the Seller’s Agent is available to assist the Buyer and Seller as a Limited Agent (In-House Sale). An Unrepresented Buyer identified by the Seller that is not referred to the Company, shall be required to sign an ‘Unrepresented Buyers Disclosure” for a waiver of any BAC portion offered to Buyer Agents. For any Unrepresented Buyer, located by Seller that is not referred to the Company, a minimum amount of ½% of the acquisition price will be due to the Company from Seller at closing.
--------------
-
Brokerage Fee / Realtor Incentives
Incentives to MLS Member Agents
-
-
Flat Fee PLAN's 30, A, B or C
-
The purpose of the Multiple Listing Service (the "MLS") is to market properties to Licensed Member Agents and their clients. Exposure to the general public is an added bonus.
-
Under our MLS Flat Fee Plans, a Buyer Agent Commission IS NOT required in the listing agreement; but it is recommended.
-
Licensed Brokers and Agents are directed by the Utah Division of Real Estate to have a signed contract (A Buyer Broker Agreement) with the Buyer noting a specific amount of incentive that the Brokerage charges for Buyer Agent Services. The Utah Real Estate Purchase Contract (the "REPC") notes in Section 5. CONFIRMATION OF AGENCY DISCLOSURE. Buyer and Seller acknowledge prior written receipt of agency disclosure provided by their respective agent that has disclosed the agency relationships confirmed below. At the signing of the REPC:
-
Traditionally a Buyer Agent is looking for a BAC of 3%*, most likely this 3% amount is noted on the required Buyer Broker Agreement. This is the inducement to the Buyer Agents to represent the Buyer. If the MLS BAC shows differently, the incentive may become part of the negotiation. A Buyer Agent Commission offered from the Listing Brokerage to the Buyer Brokerage over the MLS is a liability to the Listing Brokerage. As the Listing Broker; I am responsible for any Buyer Agent Commission (the "BAC") offered to member Agents over the MLS system. (see. Listing Agreement Item 2.0 Brokerage Fee) An additional 1/2% is added to the BAC for Company liability and incentive. The Brokerage Fee must be accounted for by escrow instructions at Settlement with the Title Company. For an "In House Sale" the overall cost of sale may be reduced. (see 2.1 Unrepresented Buyers).
-
*Real Estate Commissions are negotiable and are not established by law.
-
Based on tradition we do recommend a Buyer Agent Commission of 2.5 to 3%; Based on our experience, the internet has caused a BAC of 2.5% posted over the MLS to be very marketable.
-
A Buyer Agent Commission offered from the Listing Brokerage to the Buyer Brokerage over the MLS is a liability to the Listing Brokerage.
-
An alternative for Sellers: Compensation Addenda vs Brokerage Fee
As with all our clients we recommend a Brokerage Fee over the Added Compensation Addenda �. But we give you the choice. -
Alternative Option. The Added Compensation Addendum. See sect. 2.0 Brokerage Fee of the listing agreement, You may note 0% as Buyer Agent Commission, also marking in Section 11, there ARE addenda to the listing agreement. Fill out the Added Compensation Addendum.
-
As per the text in Section 2.0 Brokerage Fee, If the amount is left blank or 0 is noted. We will offer $1 as the BAC. The Added Compensation addendum will be uploaded to your MLS Listing, as a document, and we will referenced it in the Agent Remarks. The Addenda allows you to avoid paying us the 1/2% to the Company for represented Buyers, along with reducing our incentive and liability in the transaction.
-
You may modify this incentive structure as with the other items in your MLS offering throughout the term of your listing contract as desired.
-
=== If using the Added Compensation Addenda, Agents will view in MLS Agent Remarks Section ===
*See attached additional compensation document. For Access: Contact Seller ###-###-####
=============================================================================
(In some instances, the Buyer may attempt to Assign - their Buyer Broker Agreement with the offer).
Depending on whether the Buyer Agent is in the lead role or if the Buyer is directing the Buyer Agent; This may effect whether the listed property is viewed at all.
A low or non-existing Realtor incentive may cause some Buyer Agents to breach their fiduciary duty and simply skip the property.
-----------------------------------------------
With all our inquiries. We need to identify if buyer already has an Agent. If they do; Great. The Buyer Agent should be present at showings. If Buyer indicates that they do not have a Buyer Agent we inform them of the advantage of an in-house sale and the reduction in fees involved in any upcoming transaction bettering their offer and reducing the cost of the overall transaction.
-------------------------------------------------
Realtor Incentives. Again, our recommendation is a Buyer Agent Commission of 2.5 to 3%, But the choice is yours.
2. BROKERAGE FEE. (Incentive to Agents) A Buyer Agent Commission is not required to list Property, but is recommended as Incentive to Utah Licensed MLS Member Agents. Real Estate Commissions are negotiable and are not established by law. If, during the Listing Period, If any party locates a party who is ready, willing and able to buy, lease or exchange (collectively "acquire") the Property, or any part thereof, at the listing price and terms stated on the Data Form, or any other price and terms to which the Seller may agree in writing, the Seller agrees to pay through Company a Buyer Agent Commission (the “BAC”) in the amount of $_________ or ____ % Percent of such acquisition price; Seller also agrees that an additional one half percent (½%) will be added to this amount and retained by the Company for Seller’s Agent Incentive and for Brokerages Liability of offering the BAC. The “BAC” amount will be offered over the selected MLS system/s as incentive to all Utah Licensed MLS Member Agents; If Seller leaves the “BAC” amount blank, the Company will offer over the MLS a “BAC” in the amount of $1 as a minimum requirement for posting the listing to the MLS. An accepted Lease contract shall be based on lease term with 12 month minimum term.
2.1 UNREPRESENTED BUYERS: It is EXPRESSLY UNDERSTOOD and AGREED, if an Unrepresented Buyer (the “Buyer”) is identified by the Company, The Company may refer the Buyer to the Seller and the Seller will introduce (present / show) the property to the Buyer. As a condition of closing, and in lieu of 2. BROKERAGE FEE, the Seller agrees to pay to the Company a One and One Half Percent (1.5%) “Referral Fee” based on the agreed acquisition price. If an Unrepresented Buyer is located by the Seller prior to (see excluded parties addenda) or after the listing is posted, the Seller may introduce the Property to the Buyer and then refer the Buyer to the Seller’s Agent for a One Percent (1%) “Referral Fee”. (See 5.2 below). Upon referral, the Seller’s Agent will assist the Buyer and Seller as a Limited Agent or In-House Sale. An Unrepresented Buyer identified by the Seller that is not referred to the Company, shall be required to sign an ‘Unrepresented Buyers Disclosure” for a waiver of any BAC portion offered to Buyer Agents. For any Unrepresented Buyer, located by Seller that is not referred to the Company, a minimum amount of One Half Percent (½%) of the acquisition price will be due to the Company from Seller at closing. Unrepresented Buyers shall be made aware that the Seller is not a “For Sale By Owner” but is at all times represented by the Company and the Sellers Agent
We represent You and are always here to advise and direct the process. Offers, Disclosures, Title Company etc...
Rebates, Discounts are becoming more mainstream. Why not take advantage. Your best success will be targeting the Buyer Agent with a marketable incentive
Usually same day we recieve your listing order forms or online input of forms. www.UtahBroker.com
Offer the Buyer Agent a marketable incentive 2.5 to 3% is recommended. But we do give you the choice.
--------
-
Brokerage Fee / Realtor Incentives
Incentives to MLS Member Agents
-
-
Flat Fee PLAN's 30, A, B or C
-
The purpose of the Multiple Listing Service (the "MLS") is to market properties to Licensed Member Agents and their clients. Exposure to the general public is an added bonus.
-
Under our MLS Flat Fee Plans, a Buyer Agent Commission IS NOT required in the listing agreement; but it is recommended.
-
Licensed Brokers and Agents are directed by the Utah Division of Real Estate to have a signed contract (A Buyer Broker Agreement) with the Buyer noting a specific amount of incentive that the Brokerage charges for Buyer Agent Services. The Utah Real Estate Purchase Contract (the "REPC") notes in Section 5. CONFIRMATION OF AGENCY DISCLOSURE. Buyer and Seller acknowledge prior written receipt of agency disclosure provided by their respective agent that has disclosed the agency relationships confirmed below. At the signing of the REPC:
-
Traditionally a Buyer Agent is looking for a BAC of 3%*, most likely this 3% amount is noted on the required Buyer Broker Agreement. This is the inducement to the Buyer Agents to represent the Buyer. If the MLS BAC shows differently, the incentive may become part of the negotiation. A Buyer Agent Commission offered from the Listing Brokerage to the Buyer Brokerage over the MLS is a liability to the Listing Brokerage. As the Listing Broker; I am responsible for any Buyer Agent Commission (the "BAC") offered to member Agents over the MLS system. (see. Listing Agreement Item 2.0 Brokerage Fee) An additional 1/2% is added to the BAC for Company liability and incentive. The Brokerage Fee must be accounted for by escrow instructions at Settlement with the Title Company. For an "In House Sale" the overall cost of sale may be reduced. (see 2.1 Unrepresented Buyers).
-
*Real Estate Commissions are negotiable and are not established by law.
-
Based on tradition we do recommend a Buyer Agent Commission of 2.5 to 3%; Based on our experience, the internet has caused a BAC of 2.5% posted over the MLS to be very marketable.
-
A Buyer Agent Commission offered from the Listing Brokerage to the Buyer Brokerage over the MLS is a liability to the Listing Brokerage.
-
An alternative for Sellers: Compensation Addenda vs Brokerage Fee
As with all our clients we recommend a Brokerage Fee over the Added Compensation Addenda �. But we give you the choice. -
Alternative Option. The Added Compensation Addendum. See sect. 2.0 Brokerage Fee of the listing agreement, You may note 0% as Buyer Agent Commission, also marking in Section 11, there ARE addenda to the listing agreement. Fill out the Added Compensation Addendum.
-
As per the text in Section 2.0 Brokerage Fee, If the amount is left blank or 0 is noted. We will offer $1 as the BAC. The Added Compensation addendum will be uploaded to your MLS Listing, as a document, and we will referenced it in the Agent Remarks. The Addenda allows you to avoid paying us the 1/2% to the Company for represented Buyers, along with reducing our incentive and liability in the transaction.
-
You may modify this incentive structure as with the other items in your MLS offering throughout the term of your listing contract as desired.
-
=== If using the Added Compensation Addenda, Agents will view in MLS Agent Remarks Section ===
*See attached additional compensation document. For Access: Contact Seller ###-###-####
=============================================================================
(In some instances, the Buyer may attempt to Assign - their Buyer Broker Agreement with the offer).
Depending on whether the Buyer Agent is in the lead role or if the Buyer is directing the Buyer Agent; This may effect whether the listed property is viewed at all.
A low or non-existing Realtor incentive may cause some Buyer Agents to breach their fiduciary duty and simply skip the property.
-----------------------------------------------
With all our inquiries. We need to identify if buyer already has an Agent. If they do; Great. The Buyer Agent should be present at showings. If Buyer indicates that they do not have a Buyer Agent we inform them of the advantage of an in-house sale and the reduction in fees involved in any upcoming transaction bettering their offer and reducing the cost of the overall transaction.
-------------------------------------------------
Realtor Incentives. Again, our recommendation is a Buyer Agent Commission of 2.5 to 3%, But the choice is yours.
Principal Broker / Senior Partner
REALTOR® Since' 1992
Town & Country Apollo Properties
1360 S. Carterville Rd, Orem UT 84097
UtahBroker@comcast.net OnlineInput@gmail.com
(801) 224-1559 Office
(801) 372-1658 Cell / Text
A Utah Licensed Brokerage and member of the following Utah MLS systems:
- Wasatch Front Regional MLS for Central, South East & Northern Utah Properties
- Park City MLS for Summit County & Northern Mountain Properties
- Iron County MLS for Cedar City, Utah Area Properties
- Washington County MLS for South West Utah Properties
EMAIL IS THE BEST FORM OF COMMUNICATION WITH OUR OFFICE
https://www.utahbroker.com/forms
- Utah is a minimum level service state. As per Utah Code Ann. Section 61-2-27, (5/05) the: Seller’s Agent will: (a) Accept and present offers to seller, (b) Advise seller on offers, and (c) Assist seller with preparing and communicating counter-offers.
- Once Listed on the MLS. The Seller is no longer a For Sale By Owner. Seller does however retain options within the listing contract to avoid the Buyer Agent Commission.
- We are always your Agent. An "In-House sale" or "Limited Agency" may apply if we also assist the Buyer. The Buyer may enter the transaction as an "Unrepresented Buyer" by signing disclosure.
- A company sign is not required, however, MLS policy states that the only sign on the property shall be that of the company
- www.UtahBroker.com
Leads from websites like Zillow and Realtor.com - These sites are owned by companies that are in business to sell leads to agents. Most of the time we do not get any leads from these sites but if we do, we give them your contact information. This will have no bearing on the sale of your property as it works this way with all agents. An interested buyer will come look at your property.
Your contact info will be on the MLS for agents to call you with questions.
We comply completely with Minimum Services Required by a Utah Licensed Brokerage: As per Utah Code Effective 5/13/2014, 61-2f-308. Brokerage agreements. A principal broker subject to an exclusive brokerage agreement shall: (i) accept delivery of and present to the client offers and counteroffers to buy, lease, or exchange the client's real estate; (ii) assist the client in developing, communicating, and presenting offers, counteroffers, and notices; and (iii) answer any question the client has concerning: (A) an offer; (B) a counteroffer; (C) a notice; and (D) a contingency.
Sign Frame / Post not included with sign. Sign is 18"x24" - Sign frame can be purchased and Home Depot, Lowes and many hardware stores. Many times owners have already purchased a "for sale by owner sign" and our sign can be used with these frames, in most cases.
Fair Housing and Renting
We are committed to helping everyone find their way home and are dedicated to ensuring everyone is treated fairly and respectfully. We value our users’ diverse backgrounds and contributions to their communities, and we expect all users to comply with local, state and federal fair housing laws. We urge our users to look beyond fair housing laws and treat others without prejudice, regardless of their sexual orientation, gender identity and/or expression, veteran status, disability status, marital status, or age.
By using our rental MLS Listing service, landlords and property managers agree to adhere to the following conditions:
Do:
- Comply with all applicable federal, state and local fair housing laws.
- Treat all rental applicants with respect.
- Be honest.
- Use good judgment.
- Apply the golden rule.
Do not:
- Decline or treat a rental applicant differently based on race, color, national origin, religion, sex, disability or the presence of children, as this is illegal under the Fair Housing Act and prohibited on Listing Results, LLC platform.
- Decline or treat a rental applicant differently based on any other class protected by the laws of your state and local government (e.g., sexual orientation, gender identity, military status or marital status), as this is illegal and prohibited on Listing Results, LLC platform.
- Post any listing or make any statement that discourages or indicates a preference for or against any applicant on account of race, color, national origin, religion, sex, disability, the presence of children or any other class protected by the laws of your state and local governments.
- Use any discriminatory, abusive, obscene or threatening language.
The bottom line
Treat all applicants with fairness and respect.
If we feel you have violated any of these conditions or other applicable federal, state or local laws, we reserve the right to restrict access from the platform.
We enjoy having you here — thank you for helping us make the rental application process easier for everyone.
— Town & Country Apollo Properties
Resources
Fair Housing Guide for Landlords
National Fair Housing Alliance
-
- Town & Country Apollo Properties
- 801-372-1658
- Lic# 5478881-PB00
- www.flatfeegroup.com/Utah/
® Flat Fee Group, LLC. All Rights Reserved.
Flat Fee Group logo and service marks are owned by Flat Fee Group, LLC. Flat Fee Group, LLC is proud to be the largest organization of Flat Fee brokers in the United States and is registered for "Real estate multiple listing services; Real estate brokerage". Accept no alternative or referral companies when listing.
Alpine | American Fork | Bingham | Bluffdale | Bountiful | Brigham City | Canyon Rim | Cedar City | Cedar Hills | Centerville | Clearfield | Clinton | Cottonwood Heights | Cottonwood West | Davis County | Draper | Eagle Mountain | East Millcreek | Elk Ridge | Emigration | Farmington | Grantsville | Harrisville | Heber | Highland | Holladay | Hurricane | Hyrum | Ivins | Kaysville | Kearns | Layton | Lehi | Levan | Lindon | Little Cottonwood Creek Valley | Logan | Magna | Mapleton | Midvale | Millcreek | Mount Olympus | Murray | Nephi | North Davis | North Logan | North Ogden | North Salt Lake | Ogden | Ogden Valley | Oquirrh | Orem | Park City | Payson | Pleasant Grove | Pleasant View | Price | Providence | Provo | Richfield | Riverdale | Riverton | Roy | Salem | Salt Lake City | Salt Lake County | Sandy | Santa Clara | Santiquin | Saratoga | Smithfield | South Davis | South Jordan | South Ogden | South Salt Lake | South Weber | Spanish Fork | Springville | St. George | Summit County | Summit Park | Syracuse | Taylorsville | Tooele | Tremonton | Utah County | Vernal | Wasatch County | Washington | Washington County | Washington Terrace | West Haven | West Jordan | West Point | West Valley City | White City | Woodland Hills | Woods Cross | Buyer Rebate,Flat Fee, Utah Buyer Rebate | buyerrebate,flatfeeutah,listforless,homie,ARI,Intermountainproperties | For Sale By Owner Salt Lake City Utah, Buyer Rebates, Utah Flat Fee, Discount Real Estate Utah, Buyer Commission Rebate Utah, Realtor Rebate Utah, Discount Realtor Utah | Park City Flat Fee | Park City Utah Buyer Rebate | Park City Utah Discount Real Estate | Park City Utah Flat Fee | realtor rebate utah | Salt Lake City Flat Fee | utah buyer rebate | Utah Flat Fee | Best Flat Fee MLS | By Owner MLS Listing | Discount Agent | Discount Broker | Discount Realtor | Discount Realty | Flat Fee Broker | Flat Fee Real Estate | Flat Fee Realtor | For Sale By Owner | For Sale By Owner MLS | For Sale By Owner MLS Listing | FSBO | Limited Service | List On MLS | MLS | MLS Listing | MLS Listing Service | MLS Service | Multiple Listing Service |
