Selling Home Privately
What is the Private Exchange?
The Private Exchange is a For Sale by Owner Marketing System, offering a service that is second to none. We will assist you in the marketing of your home by giving you the exposure that will help you sell quickly and easily.
Are there any hidden costs or surprises?
At The Private Exchange there are no hidden costs. We have a one time up front fee that is paid at the time of your home consultation. When you sell your home we receive nothing but the satisfaction of knowing we were a part in helping you save thousands of dollars in commission. The only surprise will be you seeing how easy the whole process of selling privately can be.
How do I list my home with The Private Exchange?
It only takes one call to our friendly office staff (519-966-5565). We will send one of our professional consultants to your home and everything will be taken care of in the one visit. We will take high quality photos and discuss your home with you so we can write a detailed description. It will be posted on our website within 24 hours of your visit; or click on to our website www.privateexchange.com were you can fill out a contract form, and a representative from our office will get back to you within 24 hours to arrange the home visit.
When is the payment due?
The payment is due at the time of the home visit. The consultant will collect the payment at the end of your appointment. (Visa, MasterCard, Cheque or Cash).
Why should I sell with The Private Exchange instead of a Real Estate Agent?
We believe that “No One Can Sell Your Home Better Than You”. Why pay high commission to someone else when you can easily do it yourself with the help of “The Private Exchange Marketing System?” The Private Exchange will help you market your property and all you have to do is show it. Who knows your home better than you? The consultant will leave you with an easy to follow Sellers guide that will help you through the selling process. You have nothing to lose, but you have thousands in commission to gain.
Can an agent get a higher price for my home?
No! Home buyers are smart and usually have done their homework so they have the knowledge of what the market value is in the particular area they are looking in. Home buyers are not going to pay a higher price than the going market value no matter who is selling it.
How quickly do homes sell with The Private Exchange?
Although we would like to, we cannot predict the length of time a home will be on the market. It has been our experience that a home that is priced right and shows nicely will usually move quickly. Over pricing in the beginning with the intent of lowering the price over time can ultimately hurt the sale of your home, and you may lose potential buyers. The highest interest is during the first few months when your home is fresh and new on the market.
What is the Private Exchange’s success rate for homes listed?
When the homeowner prices their home according to the market, it usually sells quickly as this is most critical factor when selling your home. We have a high success rate with the marketing exposure we provide; our exciting website and popular social media platforms provide this for you. Over 3500 homes have sold using our proven Marketing System.
How much should I ask for my home?
We are a Real Estate Marketing system and not Real Estate Agents; therefore we cannot get involved with the pricing of your home. It is up to the homeowner to set the asking price. You can decide on a price by checking to see what homes have sold for in your area over the past year or you can have your home professionally appraised by a certified appraiser.
How long have you been in business?
The Private Exchange has been in business since May, 2000.
Are you the same as a realtor?
No, we are a marketing company assisting private home sellers with the marketing of their home. We receive no commission on the sale of the properties listed with our service. We offer maximum exposure in different mediums which are necessary to get the home viewed by potential buyers.
How much does your service cost?
The Private Exchange offers many comprehensive marketing packages. Please see our website for further details or Call our office for more detailed information on our marketing Packages. Visit our website www.privateexchange.com for more details.
What commission do you charge?
“Our Mission is 0% Commission” We get absolutely No Commission when you sell your home. Our packages are a one time, up front fee for our marketing services.
Who writes the property description and takes the photos?
A Private Exchange professional may come to your home and take high quality photos and develop an enticing description of your home depending on the package your select
What do I do if someone wants to make an offer?
With the Private Exchange marketing system the offer process is made easy. With some of our marketing packages we include informative buyers’ guides that have all the legal forms needed to make an offer. Easy to use online printable Offer To Purchase Forms are also available for potential buyers.
Are you affiliated with MLS®?
No. We are a private company although we can show you how to get on the MLS®.
Do you install the signage and is there a charge?
Yes, our consultant will bring the sign to you at the time of your home visit. They will install the For Sale sign on your front lawn at the end of the visit. If you are a self serve customer it will be shipped to you. To ensure we get the signs back we do have a refundable sign deposit returned to you upon the sale of your home.
What if I want off your system, is there a penalty?
No, there is no penalty. Just return the frames (if applicable) and signs so your deposit can be refunded to you.
What if I want to list with The Private Exchange, but am presently listed with a Realtor?
You will have to wait until your contract runs out with your agent. We are strictly private and do not list on MLS®. You cannot be listed with The Private Exchange and a realtor at the same time.
When do I need a Lawyer?
You will need a Lawyer at the time of closing, although we do suggest you consult with a Lawyer to look over the forms before you sign The Offer to Purchase Documents.
Do you provide any advice or assistance during the process?
Our knowledgeable office staff is available Monday through Friday to assist you and direct you to professionals who will help you during the selling process. (Mortgage brokers, real estate lawyers) As well our professional consultants are trained to outline what to expect during the selling process.
Do you provide Mortgages or financing?
Not at present, but we may in the future, instead please see one of the advertisers on our site.
How long does it take to get listed?
Once you decide to use our services and call the office or sign up on line you will be contacted by one of our office staff, we will book an appointment for our consultant to meet with you. The consultant will have your home on the website within 24 hours of your home visit.
How do I view homes listed with The Private Exchange?
You can visit our web site www.privateexchange.com where you will find all of the homes listed through Private Exchange. You will be able to read an informative description of the home as well as view quality exterior and interior colour photos of the property.