Flat Fee Broker for NoVA

[Michael Johnson]

Hi DC area investors

I have a house in Falls Church I've been renting out for almost 7 years.  It's time to let it go as I'm concentrating more on hard money lending and apartments.

I live in Austin, TX. We have a broker here that'll list your house for $7/day. It's called Listing Spark. They include photography, yard sign, lock box, MLS listing, and promotion through the usual 30 or so distribution sites, and have up-sales of running an open house and a few others. The whole thing is done for $7/day with a minimum of 30 days. Obviously the other side gets their standard 3%.

I've looked around the DC area, and all I find is flat fee listings for $1000.  Is there nothing like Listing Spark there?  With all the tech in the area, that's surprising.

While Listing Spark isn't there, which similar service do you guys typically use?

Also, I'll be in the area in about a month to do some fix-er-up stuff to the house to prepare for sale.  Does anyone have a great contractor they'd let me use for a week or so to knock out a few last minute things?

BTW, I have an amazing rental property in Falls Church going up for sale very soon.  =-)

[Jorge Zea]

Listing Spark is good, licensed and nice site and service; very expensive though. 

In the USA Properties take an average of 62 days to go under contract* (aka: DOM) + plus you have to keep it in the MLS until closing so let's add 30 days (some locations it takes longer) - thats 92 days at $7/day = $644 (on average) ----> Expensive in my opinion.

There are similar services by licensed Brokerages in some states like FL, CA, CT, MA (don't know if TX or VA though) for $99 for 6 to 12 months.

*Source: National Association of Realtors (NAR: http://research.realtor.com/)