I still have more questions, who should I ask?
Please contact Dick Carr at (563) 579-3939 of eXp Realty. He is available to answer all of your questions and provide any guidance necessary.
How many pictures can a listing have?
We currently allow an unlimited number of pictures to be uploaded per listing.
Will my property be placed on the MLS?
Yes, your home will be placed on the MLS and advertised on multiple online platforms with the appropriate terms and disclosures. Our agents will handle all of those details for you.
Do Online Offers really work?
Answer: Absolutely. This is occurring all over the country. But the key to success is smart pricing and good marketing. Our platform is the tool to display your listing professionally and accept offers online in REAL TIME in the most transparent way possible. We incorporate your listing as the focal point of all our offline and online marketing. We handle all of that for our sellers.
Do I need to be a real estate agent to list a property on this site?
Yes! Only “Online Certified" agents can place properties on this site. If you would like to sell your property, please contact Dick Carr at: (563) 579-3939.
Can I do anything if the buyer backs out?
Yes! You can report them to us if you are not working with one of our agents. If we determine the buyer is at fault, we will remove their privileges on our site. A Seller can also choose to pursue them for default.
Is the highest offer guaranteed to buy my property?
No, but once a contract has been signed and earnest money deposited, this is a binding contract.
However, the buyer is represented by a Realtor who must submit a IA or QCAR Residential Purchase contract and an earnest money check must be submitted to an Escrow Agent within 24 hours of the contract agreement. By doing this, it will help identify a non-performing buyer right away.
In addition, a buyer must provide a full loan approval letter from a Licensed Mortgage Lender prior to submitting offers. If they are paying cash they must provide proof of funds to us before their account is activated.
Does a Seller have to accept the highest offer?
No. A seller can counter or reject an offer. You should discuss strategy with your Homeboss® Certified agent.
Does the buyer pay any fees?
Yes. A transaction fee is charged on most every transaction. Make sure you understand all the terms and conditions of a particular home's offer before you place a offer on it.
However, it is up to each individual seller how much they charge as a buyer’s premium or Transaction Fee.
What is the Transaction Fee? Using the our Online Offers Platform, real estate commissions can be paid by the seller, the buyer or both. The buyer’s side of the commission is called “Transaction Fee" or sometimes "Agent Compensation”. (Highest Offer + Transaction Fee = Sales Price)
This is the MOST transparent way for a seller to offer the lowest price on their home and still compensate the real estate agents who conduct and close the transaction.
Each property listed on our web site may offer different terms, conditions and Transaction Fee, so be sure to research the property and all of the details on each property page.
The Transaction Fee is collected from the buyer and used to compensate the real estate agents in this transaction.
The seller(s) have agreed to compensate the real estate agents from the buyer’s Transaction Fee (which is added to the final bid price).
The seller has agreed in writing to release the Transaction Fee amount to eXp Realty to be used to pay the commission to eXp and to the co-brokerage commission.
Can I view the home before making offers?
On most properties we will have an Open House the weekend prior to the end of the bidding. That will be the opportunity to view the home for all buyers.
Please contact the eXp Listing Agent Dick Carr (563) 57903939 identified on the property page.
Can I get an inspection?
Yes. Once the contract has been approved, the buyer will have an additional inspection period to complete any additional inspections. If there are inspections already done they will be available as a link from the property page. In most cases, any and all inspection requests will be honored. Simply ask the agent to set up a preferred time for your inspector. Please read the complete terms and conditions of the Online Offers Platform before placing any offers.
Is there a fee to register or place an offer?
No, there are no registration fees
Where do properties on this site come from?
The properties on this site are offered for sale by local real estate agents on behalf of private homeowners, investors and some Banks or Lending institutions.
What are the offer increments?
Offer increments will vary depending on the specific home and it's price range. It will often be $500 or $1,000 at a time....sometimes more, again, depending on the property and it's price range.
Do I have to pay cash or can I get a mortgage?
Yes! You can use a mortgage. However, in order to submit an offer, you will need to provide us with an Income verified and fully documented “pre-approval” from a licensed mortgage lender. A pre-approval is different than a pre-qualification.
If you are paying cash, you must provide a “proof of funds” document prior to being approved to submit offers.
How do I place an offer?
You must be a registered member of our site. Registration is currently FREE. Working with a Realtor is required. Once the seller selects the winning offer a Realtor MUST facilitate the entire process from offer, contract submission, inspections to closing.
If you need an agent, we can provide one of our agents who work with online buyers. This is what they do and are experts at guiding you through the process.
If you have an agent, simply provide their name and contact information when registering.
CLICK HERE to read the complete offer instructions.