Discount Texas Realty Company For Sale

Business description

Innovative discount realty company that charges $500 to $1,000 to list residential properties on the M.L.S. in D/FW and the other major Texas markets allowing the home owner seller to not have to pay the typical 6% real estate broker commission. In addition to the M.L.S. listing, the home seller receives a broker’s electronic key-box, a professional real estate sign (shipped by UPS) and professional telephone support. All fees are paid in advance and are non-refundable. Clients make payments on-line at the company website by credit card.

UNIQUE AND EXCITING APPROACH TO SELLING HOMES!!
1) Broker never has to leave the office or meet with clients. All business is done via phone, fax, e-mail or the World Wide Web;
2) Fees are earned upon entering the listing agreement instead of upon sale of the property;
3) Fees are paid in advance instead of at closing;
4) Business contains a substantial data base of repeat clientele and referrals (no advertising necessary);
5) The business website has a high page rank and new clients can easily locate it using Google and other popular search internet search engines.

Makes the best use of the client’s time by offering efficient systems in place to guide them through the self-service process using the internet and the company website. The market outlook and growth potential is substantial as less than 5% of all prospective clients are aware of this type of service. The reluctance of most real estate brokers to discount or charge less than a 6% commission only reduces the competition for this business.

The business can be operated with no rent (home based) with minimal overhead. A husband & wife team can easily operate the business themselves and eliminate approximately another $100,000 in salary overhead which boosts the current 50% profit margin to 70% for a couple working full time. The seller pays that additional labor in order to be involved on a semi-absentee basis (business now on an “auto-pilot” status with the owner only working occasionally as needed, paying the bills and answering occasional questions from the staff).

Significant opportunity; the owner has accumulated a substantial nest egg from this business, no longer needs to work and is ready to retire & travel.

Additional business details are available. You will be required to execute a non-disclosure and document your financial ability to complete the proposed transaction. For more information on this discount realty business, please contact Stocker Travis.

Property information

Premises details:

Single family residence

Other information

Expansion potential:

The market outlook and growth potential is substantial as less than 5% of all prospective clients are aware of this type of service.

Competition / Market:

The reluctance of most real estate brokers to discount or charge less than a 6% commission only reduces the competition for this business.

Support & training:

Seller will provide on-site training after purchase and assist in securing retention of employees

Reasons for selling:

Retirement

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Seller financing available at competitive interest rate and reasonable term to qualified applicant with sufficient credit & cash injection.

Furniture / Fixtures value:

$35,000 (included in the asking price)

Inventory / Stock value:

$5,000 (included in the asking price)