Sellmyhomeforonepercent.com Review 1 by BestFREE.nl

Sellmyhomeforonepercent.com Review

Updated on

0
(0)

sellmyhomeforonepercent.com Logo

Based on looking at the website, Sellmyhomeforonepercent.com appears to be a legitimate real estate service based in Columbus, Ohio, offering a full-service experience for a 1% commission fee.

The site highlights over 20 years of experience, a strong track record of saving clients commission costs, and positive client testimonials across various platforms.

While the promise of significant savings is appealing, potential clients should conduct thorough due diligence, especially concerning the full scope of services and any potential hidden fees or limitations that might not be immediately apparent.

Here’s an overall review summary:

  • Service Model: Full-service real estate with a 1% listing commission.
  • Experience: Claims 20+ years in the industry with 4,000+ transactions.
  • Geographic Focus: Primarily Columbus, Ohio, and surrounding metro areas.
  • Commission Savings: Claims to have saved home sellers over $2,000,000 in commissions.
  • Included Services: Professional photos, floor plans, MLS and major real estate site advertisements, showing management, buyer database access, and dedicated post-sales support.
  • Client Feedback: Displays numerous positive testimonials from Google, Facebook, and Zillow.
  • Transparency Initial: Clearly states the 1% commission and what’s included.
  • Potential Concerns: Relies heavily on self-reported metrics and testimonials without independent verification readily available on the homepage. The link to “Equitable Mortgage Corporation” for pre-approvals introduces a third-party financial service, which, while common in real estate, warrants a separate ethical review regarding interest-based financing.

The allure of a 1% commission is undoubtedly strong in a market where traditional agents charge 6% or more. This service aims to disrupt the conventional model by leveraging efficiency and technology to pass savings onto the seller. However, savvy consumers, especially those who prioritize ethical financial dealings, need to look beyond the surface. The real estate market, like any other, has its nuances, and while a low commission can be a huge win, understanding the underlying financial structures, particularly concerning mortgage referrals, is critical. Any service that facilitates interest-based loans or transactions inherently raises questions for those adhering to Islamic financial principles, where riba interest is prohibited.

Find detailed reviews on Trustpilot, Reddit, and BBB.org, for software products you can also check Producthunt.

IMPORTANT: We have not personally tested this company’s services. This review is based solely on information provided by the company on their website. For independent, verified user experiences, please refer to trusted sources such as Trustpilot, Reddit, and BBB.org.

Table of Contents

Best Alternatives for Ethical Home Selling

For those seeking to sell their home while adhering to ethical principles, especially concerning financial practices that avoid interest riba, direct sales and transparent, fee-for-service models are preferable. Here are some alternatives that align more closely with ethical considerations:

  • For Sale By Owner FSBO:

    Amazon

    • Key Features: You manage the entire selling process, from listing to closing. Complete control over pricing, marketing, and negotiations.
    • Price/Average Price: Primarily the cost of advertising and legal fees e.g., attorney for closing, title company. No commission to a listing agent.
    • Pros: Maximum savings on commission. Full control. Transparency in dealings.
    • Cons: Requires significant time, effort, and knowledge of the selling process. Marketing reach may be limited without MLS access.
  • Flat-Fee MLS Listing Services:

    • Key Features: Pay a flat fee to get your property listed on the Multiple Listing Service MLS, which then syndicates to major real estate sites like Zillow and Realtor.com. You handle showings and negotiations.
    • Price/Average Price: Typically ranges from $99 to $500, depending on the level of service e.g., photos, signage.
    • Pros: Significantly cheaper than traditional agents. Wide online exposure through MLS. Retain control over most aspects.
    • Cons: Still requires the seller to manage many tasks, including negotiations and closing. May need to pay a buyer’s agent commission.
  • Real Estate Attorney for transactional support:

    • Key Features: While not a listing service, a real estate attorney can help draft contracts, review documents, and manage the closing process, ensuring legal compliance and ethical transaction.
    • Price/Average Price: Hourly rates or flat fees for specific services, typically $200-$500/hour or $1,000-$3,000+ for a full closing.
    • Pros: Ensures legal soundness of the transaction. Provides expert guidance on complex issues. Helps navigate pitfalls.
    • Cons: Does not market the property. Adds to overall selling costs.
  • Home staging companies for presentation:

    • Key Features: Professional services to prepare a home for sale, making it more appealing to potential buyers. Includes decluttering, furniture arrangement, and minor cosmetic enhancements.
    • Price/Average Price: Can range from a few hundred dollars for a consultation to several thousand for full staging, depending on the property size and scope.
    • Pros: Can significantly increase buyer interest and potentially sale price. Helps homes sell faster.
    • Cons: An additional upfront cost. No direct involvement in the selling process beyond aesthetics.
  • Professional real estate photography services:

    • Key Features: High-quality photos and sometimes virtual tours that showcase the property effectively. Essential for online listings.
    • Price/Average Price: Typically $150-$500, depending on the number of photos, drone shots, or virtual tours.
    • Pros: Crucial for attracting online buyers. Makes a strong first impression.
    • Cons: Another upfront cost for FSBO or flat-fee sellers.
  • Halal Mortgage Providers for buyers:

    • Key Features: While not a selling service, connecting buyers with halal mortgage providers like Guidance Residential, Lariba, or Ameen Housing Cooperative ensures the buyer’s side of the transaction is ethically sound. This attracts a specific market segment.
    • Price/Average Price: Fees structured differently from interest-based loans, often profit-sharing or rent-to-own models.
    • Pros: Appeals to ethically conscious buyers. Avoids riba.
    • Cons: Limited availability compared to conventional mortgages. May have different qualification criteria.
  • Property Management Software for rental properties:

    • Key Features: If you are selling a rental property, good property management software can help organize financials, tenant information, and maintenance records, providing transparent data to potential buyers.
    • Price/Average Price: Subscription-based, ranging from $10-$200+ per month depending on features and number of units.
    • Pros: Streamlines operations, making the property more attractive to investors. Provides clear financial records.
    • Cons: Primarily for landlords, not for immediate home selling.

Sellmyhomeforonepercent.com Review & First Look

When you land on Sellmyhomeforonepercent.com, the immediate impression is a straightforward, no-nonsense promise: “Full Service Real Estate For 1% Commission.” For anyone who’s ever dealt with the typical 6% commission hit on a home sale, this headline alone is enough to make you stop and dig deeper.

They emphasize a “proven track record of success and 20+ years of experience,” which aims to build immediate trust.

The layout is intuitive, prioritizing calls to action like “Schedule Free Consultation” and showcasing active, pending, and sold listings.

This transparency in displaying recent transactions helps establish credibility, allowing potential clients to see concrete examples of properties they’ve handled.

The presence of specific addresses and sale prices provides a tangible sense of their market activity.

However, it’s crucial to note that the detailed historical performance data or a comprehensive financial report on “commissions saved” is not immediately available beyond aggregated figures.

Initial Impressions and Value Proposition

The primary value proposition of Sellmyhomeforonepercent.com revolves around significant cost savings without compromising on service quality.

They clearly differentiate themselves from “discount brokers” by asserting they offer “full service professional real estate agent” support.

This distinction is vital because many sellers fear that a lower commission means a bare-bones service.

The site proactively addresses this concern, aiming to instill confidence that clients receive comprehensive assistance. Traceeellisross.com Review

  • Clear Cost Savings: The 1% commission is prominently displayed, directly challenging the industry standard. This immediately appeals to budget-conscious sellers.
  • Experience Highlighted: Nineteen years of experience and “2,000,000 Commission Saved” are bold claims designed to showcase expertise and client benefit.
  • Local Focus: The consistent mention of Columbus, Ohio, and surrounding areas suggests a deep understanding of the local market dynamics.
  • User-Friendly Design: The website is clean, easy to navigate, and uses clear headings to convey information efficiently.

Transparency in Claims

While the website makes bold claims about commission savings and experience, an astute observer would look for more granular details.

For instance, while “2,000,000 Commission Saved” is impressive, the methodology for this calculation or a breakdown of specific transactions contributing to this figure isn’t elaborated upon on the homepage.

Similarly, the “Top ½ of 1% of all Realtors® nation-wide” claim, while strong, would benefit from a verifiable third-party source or a clear link to the ranking methodology.

  • Self-Reported Metrics: Most impressive numbers are self-reported. While testimonials add anecdotal weight, independent verification is always preferred for high-stakes decisions like selling a home.
  • Service Inclusions: The site does a good job of listing what’s included professional photos, MLS, showings, post-sales support, which is crucial for sellers to understand the “full service” aspect.
  • Ethical Considerations: The connection to “Equitable Mortgage Corporation” for pre-approvals, while a common industry practice, raises an immediate red flag for those avoiding riba interest. While the listing service itself isn’t directly involved in lending, facilitating connections to interest-based financing can be seen as indirectly supporting such transactions. For an ethically-minded individual, this is a significant point of concern.

Sellmyhomeforonepercent.com Pros & Cons

Understanding the advantages and disadvantages of a service like Sellmyhomeforonepercent.com is crucial for making an informed decision.

While the low commission is a major draw, it’s important to weigh all factors.

Pros

The advantages of using Sellmyhomeforonepercent.com primarily center around cost efficiency and the scope of services offered at that reduced rate.

  • Significant Commission Savings: This is the most compelling pro. At a 1% commission, sellers can potentially save tens of thousands of dollars compared to traditional 6% models. For a $500,000 home, that’s a $25,000 saving on the listing agent’s side alone. This cash can be reinvested, used for moving expenses, or simply kept by the seller.
    • Example: A home selling for $400,000 with a traditional 3% listing agent commission would cost $12,000. With Sellmyhomeforonepercent.com’s 1%, it’s $4,000, saving $8,000.
  • Full-Service Offering: Unlike many discount brokers, the website explicitly states that they offer “full service.” This includes professional photography, floor plans, MLS listing, advertising on major real estate sites Zillow, Realtor.com, showing coordination, and dedicated post-sales support. This level of service is comparable to what many traditional agents provide, which adds significant value to the low commission.
    • Included Features:
      • Professional photos and floor plans.
      • MLS and thousands of other real estate website advertisements.
      • 24/7 showing scheduling and feedback reports.
      • Access to a buyer database of over 10,000 shoppers.
      • Post-sales support team for transfer process guidance.
  • Experienced Agent: The website highlights 19 years of experience and involvement in over 4,000 transactions. This suggests a deep understanding of the local market and the selling process, which can be invaluable for navigating complex sales.
    • Metrics: “Top ½ of 1% of all Realtors® nation-wide” and “Sells 15x more than the average agent in Ohio yearly.” These claims, if verifiable, point to a highly active and successful operation.
  • Strong Local Market Knowledge: The focus on Columbus, Ohio, and surrounding areas implies specialized knowledge of local market trends, pricing, and buyer behavior, which can lead to better outcomes.
    • Market Insight: “Columbus, Ohio and the surrounding metro remains one of the hottest real estate markets in the country!” This statement indicates their awareness of current market conditions.
  • Positive Client Testimonials: The website features numerous positive reviews from Google, Facebook, and Zillow, with specific quotes and locations. This social proof can help build trust with potential clients.
    • Examples: “No gimmicks,” “made the process easy to understand and seamless,” “saved over $17,000.”

Cons

Despite the compelling advantages, there are several cons and areas of concern, particularly for those who adhere to strict ethical financial guidelines.

  • Indirect Promotion of Interest-Based Mortgages: The most significant ethical drawback is the link to “Equitable Mortgage Corporation” for “FAST and FREE Pre-Approvals Online.” This directly facilitates connection to conventional, interest-based financing, which is impermissible haram in Islamic finance due to the prohibition of riba. While the real estate agent themselves might not be directly providing the loan, facilitating such a connection and encouraging its use is problematic for a devout individual.
    • Impact on Ethical Buyers: This link alone can deter ethically conscious buyers and sellers who strive to avoid riba in all their dealings, even indirect ones.
    • Alternative: Ethical financial practices would require directing clients to halal financing options or explicitly stating that clients should seek their own Shariah-compliant financing.
  • Lack of Independent Verification for Claims: While impressive, claims like “Top ½ of 1% of all Realtors® nation-wide” and “2,000,000 Commission Saved” lack direct, verifiable third-party links or audited reports on the homepage. Users have to take these at face value, which can be a concern for transparency.
    • Due Diligence: It requires potential clients to perform extra due diligence to verify these achievements.
  • Limited Geographic Reach: The service is explicitly focused on Columbus, Ohio, and its metro area. This is a significant limitation for anyone outside this specific region, making the service irrelevant for a vast majority of home sellers in the United States.
    • Regional Specialization: While strong locally, it means no service for those in other states or even other major Ohio cities.
  • Potential for Hidden Fees Unclear on Buyer Agent Commission: While the website states “1 percent is all I charge,” it’s crucial to understand if this covers the buyer’s agent commission. In most real estate transactions, the seller typically pays the buyer’s agent commission often 2.5% to 3%. The FAQ section does ask, “Do I have to pay a Buyers agent 3 percent?” but the answer isn’t immediately visible on the homepage, which could lead to confusion or unexpected costs.
    • Clarification Needed: A prominent disclaimer or clearer explanation about the buyer’s agent commission is necessary for full transparency.
  • Reliance on a Single Agent or small team: The website heavily features “I” and “My,” suggesting that a significant portion of the service delivery hinges on one individual Jaysen and his small team. While this can mean personalized service, it might also raise questions about scalability, backup, or potential delays if the primary agent is unavailable.
    • Team Size: “This isn’t a mega-team or large brick & mortar brokerage.” While touted as efficient, it might not suit those looking for a larger, more structured agency.

Sellmyhomeforonepercent.com Pricing

The pricing model of Sellmyhomeforonepercent.com is, as its name suggests, very straightforward: a 1% commission.

This is a significant departure from the traditional real estate model, where total commissions often range from 5% to 6% of the sale price, typically split between the seller’s agent listing agent and the buyer’s agent.

The 1% Commission Structure

The core of their pricing strategy is the flat 1% commission. Paperandmore.com Review

This percentage applies to the sale price of the home.

  • What it Covers: The website explicitly states that this 1% fee includes a comprehensive suite of services. This isn’t a stripped-down, “do-it-yourself” model. rather, it aims to be a full-service experience.
    • Services Included:
      • Professional Price Analysis: Expertise in valuing the property correctly for the market.
      • MLS Listing + Zillow, etc.: Broad exposure across the Multiple Listing Service and thousands of other real estate platforms.
      • Signs, Lockbox, Photos, Open Houses: Essential marketing tools to attract buyers.
      • Professional Photography & Floor Plans: High-quality visuals are critical for online appeal.
      • Showings: Management of all showing schedules, 24/7, with feedback reports.
      • Offer Negotiation: Expert assistance in securing the best price and terms.
      • Inspections/Appraisal Navigation: Guiding sellers through critical stages post-offer acceptance.
      • Coordination of Title Work/Transfer: Handling legal and administrative aspects of the closing.
      • Scheduling Signings for Closing: Ensuring a smooth final transaction.
      • Dedicated Post-Sales Support Team: Assistance from offer acceptance to key handover.

Commission Savings Explained

The website touts substantial savings for homeowners.

They claim to have saved home sellers over $2,000,000 in total real estate commissions.

This figure is calculated by comparing their 1% fee against the hypothetical 3% or higher that a seller would typically pay to their listing agent in a traditional 6% commission model.

  • Example of Savings:
    • Traditional Sale 6% total commission:
      • Listing Agent: 3%
      • Buyer Agent: 3%
      • Total Commission on $500,000 home = $30,000 $15,000 to each agent
    • Sellmyhomeforonepercent.com Sale 1% to listing agent:
      • Listing Agent: 1%
      • Buyer Agent: 3% assuming typical buyer agent fee is still paid by seller
      • Total Commission on $500,000 home = $20,000 $5,000 to listing agent, $15,000 to buyer agent
      • Net Savings to Seller: $10,000 compared to the traditional model

The Buyer’s Agent Commission: A Critical Point

While the 1% fee for the listing agent is clear, a crucial aspect not immediately transparent on the homepage is the buyer’s agent commission. In most U.S. real estate transactions, the seller typically pays the commission for both the listing agent and the buyer’s agent. The question “Do I have to pay a Buyers agent 3 percent?” is listed in their FAQ, indicating it’s a common query, but the answer isn’t provided upfront on the main page.

  • Industry Standard: The standard practice is for sellers to offer 2.5% to 3% to the buyer’s agent to incentivize them to show the property. If Sellmyhomeforonepercent.com only charges 1% for their service, sellers should assume they will still be responsible for the buyer’s agent commission.
  • Implication: If a seller pays 1% to Sellmyhomeforonepercent.com and 3% to the buyer’s agent, the total commission paid by the seller would be 4%. While this is still a significant saving compared to 6%, it’s not a true 1% total cost for the seller. This distinction is vital for financial planning.
  • Ethical Consideration: For ethically conscious individuals, the source of the mortgage for the buyer is also a significant consideration. Even if the seller saves on their commission, the indirect support of an interest-based loan through a referred mortgage company like Equitable Mortgage Corporation can be problematic.

Comparison to Other Models

  • Traditional Real Estate Agents: Typically charge 5-6% total commission 2.5-3% to each agent. Offer full service.
  • Flat-Fee MLS Services: Charge a fixed fee $99-$1,000+ to list on MLS, but the seller handles most other tasks showings, negotiations. Buyer’s agent commission usually still paid by seller.
  • “iBuyers” Instant Buyers: Companies that buy homes directly for cash e.g., Opendoor, Offerpad, offering speed and convenience but often at a discount to market value and with service fees 5-14%.

Sellmyhomeforonepercent.com positions itself as a hybrid, offering the full service of a traditional agent but at a dramatically reduced listing commission, making it an attractive option for sellers prioritizing cost savings while still desiring professional support.

Sellmyhomeforonepercent.com vs. Competitors

When evaluating Sellmyhomeforonepercent.com, it’s essential to understand its position within the broader real estate market, comparing it against both traditional full-service brokerages and emerging discount or flat-fee models.

The core differentiator for Sellmyhomeforonepercent.com is its promise of “full service” at a highly competitive 1% listing commission.

Versus Traditional 6% Commission Agents

Traditional real estate agents and brokerages are the long-standing norm, often charging 5% to 6% of the home’s sale price as commission, typically split evenly between the listing agent and the buyer’s agent e.g., 3% for each.

  • Cost: Traditional agents are significantly more expensive. On a $500,000 home, the listing agent’s portion alone could be $15,000, versus $5,000 for Sellmyhomeforonepercent.com.
    • Data Point: According to a 2023 report by the National Association of Realtors NAR, the average real estate commission rate across the U.S. has hovered around 5-6% for years, though recent lawsuits are pushing for changes in how buyer agent commissions are paid.
  • Service Level: Both claim to offer full service. Traditional agents often emphasize their local network, personalized attention, and strong negotiation skills. Sellmyhomeforonepercent.com also promises these, including professional photography, MLS listing, showing management, and post-sale support. The quality and availability of this “full service” at 1% is where the rubber meets the road.
    • Perception: Some sellers may perceive higher commission as inherently meaning higher quality or more dedicated service, regardless of whether that’s true.
  • Local Presence: Traditional brokerages often have physical offices and a large team of agents embedded in local communities, which can sometimes translate to a deeper local network for referrals and showings. Sellmyhomeforonepercent.com, while focused on Columbus, appears to operate with a smaller, more agile team.

Versus Flat-Fee MLS Listing Services

Flat-fee MLS services are a popular alternative for DIY-savvy sellers. Acejackets.com Review

These services charge a fixed, upfront fee often $99 to $1,000+ to get a property listed on the local Multiple Listing Service MLS, which then syndicates to major real estate portals.

  • Cost: Flat-fee services are generally the cheapest option upfront, as you pay a one-time fee regardless of the sale price.
  • Service Level: This is the biggest difference. Flat-fee services typically offer minimal support beyond the MLS listing itself. Sellers are usually responsible for:
    • Pricing their home.
    • Professional photography or hiring their own.
    • Writing property descriptions.
    • Coordinating showings.
    • Negotiating offers.
    • Managing paperwork and closing.
    • Sellmyhomeforonepercent.com significantly outperforms flat-fee services in terms of included services, providing a more hands-off experience for the seller.
  • Target Audience: Flat-fee services appeal to highly confident and experienced sellers who want maximum control and minimum cost. Sellmyhomeforonepercent.com targets sellers who want savings but still value professional guidance and assistance throughout the process.

Versus iBuyers Instant Buyers

IBuyers like Opendoor and Offerpad offer quick cash sales, often within days.

  • Speed: iBuyers are unmatched in speed. They provide instant cash offers and can close very quickly.
  • Cost: While seemingly “free” of commission, iBuyers charge service fees often 5% to 14%, and their offers are typically below market value, factoring in necessary repairs and their profit margin.
  • Convenience: Very high convenience, as sellers avoid showings, staging, and open houses.
  • Market Share: iBuyers represent a small but growing segment of the market, particularly in certain metropolitan areas. In 2022, iBuyers purchased only about 1.5% of homes sold in the U.S., down from a peak of around 2.5% in 2021 Source: Zillow Group.
  • Sellmyhomeforonepercent.com’s Position: Sellmyhomeforonepercent.com aims to get sellers top dollar on the open market while still saving commission, whereas iBuyers prioritize speed and convenience over maximizing sale price.

Ethical Comparison

From an ethical perspective, particularly concerning Islamic finance principles, the comparisons highlight a critical issue:

  • Sellmyhomeforonepercent.com: While its core service selling a home for a commission is permissible, its direct linking to interest-based mortgage providers Equitable Mortgage Corporation for buyer pre-approvals is a significant ethical drawback. This acts as an indirect promotion or facilitation of riba.
  • Traditional Agents/Flat-Fee Services/iBuyers: These services typically do not discriminate based on the buyer’s financing source. While they might refer conventional lenders, it’s usually not as prominently featured or actively promoted as a “service” on their main page as it is on Sellmyhomeforonepercent.com. The ethical responsibility often falls on the buyer to seek out halal financing. However, a service that actively highlights and links to riba-based lenders should be approached with caution by the ethically conscious.

In summary, Sellmyhomeforonepercent.com occupies a unique niche, offering a compelling blend of cost savings and extensive services that bridges the gap between traditional agents and bare-bones flat-fee options.

Its main competitive edge is the 1% full-service model.

However, its direct link to conventional mortgage providers is a significant ethical consideration that potential clients must weigh against the financial savings.

How to Cancel Sellmyhomeforonepercent.com Subscription

The website sellmyhomeforonepercent.com primarily operates as a real estate brokerage service for selling homes, not a subscription service in the typical sense like Netflix or a software as a service. Therefore, the concept of “canceling a subscription” doesn’t directly apply in the way one might think for a recurring monthly fee.

Instead, dealing with Sellmyhomeforonepercent.com involves contractual agreements related to listing a property for sale.

Understanding the Listing Agreement

When you engage a real estate agent or brokerage like Sellmyhomeforonepercent.com, you typically sign a listing agreement. This is a legally binding contract that outlines the terms and conditions under which the agent will market and sell your property. It includes:

  • The commission rate in this case, 1%.
  • The duration of the agreement e.g., 3 months, 6 months.
  • The agent’s responsibilities and services.
  • The seller’s responsibilities.
  • Conditions under which the agreement can be terminated.

Terminating a Listing Agreement

If a seller wishes to stop working with Sellmyhomeforonepercent.com before their property is sold or before the listing agreement expires, they would need to formally terminate the listing agreement. The process for this is usually outlined within the agreement itself. Dareboost.com Review

  1. Review Your Listing Agreement: The absolute first step is to carefully read the listing agreement you signed. Look for clauses related to termination, cancellation, or withdrawal of the listing. This section will detail the specific conditions and any potential penalties or fees associated with early termination.
    • Common Clauses: Agreements often have clauses that allow termination with a certain notice period e.g., 30 days or specify conditions under which the agent is still owed a commission e.g., if a buyer they introduced later purchases the property.
  2. Contact the Agent/Brokerage: Reach out directly to Jaysen the named agent or his team at Sellmyhomeforonepercent.com.
    • Contact Information: The website provides phone numbers 1 614 992 SOLD, 1 855 766 SOLD, 1 614 579 1442 and an email address . It’s advisable to make initial contact by phone and follow up with a written email request for termination to create a paper trail.
    • State Your Intent Clearly: Inform them that you wish to terminate the listing agreement and remove your property from the market or switch agents.
  3. Negotiate Terms if necessary: Depending on the reason for termination and the terms of your agreement, there might be room for negotiation. For example, if you’re unhappy with the service, they might agree to a mutual release without penalty. If you’re simply changing your mind about selling, there might be a small fee to cover their marketing expenses to date.
    • Common Disputes: Disputes often arise over compensation for expenses incurred by the agent e.g., professional photography, advertising costs if the termination occurs early without a sale.
  4. Obtain Written Confirmation: Crucially, ensure you receive written confirmation that the listing agreement has been terminated and that your property has been removed from the MLS and other advertising platforms. This prevents any future disputes or claims of commission if the property is later sold through another means.
    • Formal Release Form: A formal release or termination agreement should be signed by both parties.

“Free Consultation” and “Risk-Free No Obligation Consultation”

The website emphasizes “Risk-Free No Obligation Consultation.” This refers to the initial meeting before a listing agreement is signed.

During this consultation, you are under no obligation to proceed with their services.

However, once a listing agreement is signed, you are then bound by its terms, and terminating it is a formal contractual process, not a simple “cancellation.”

Ethical Considerations in Termination

From an ethical standpoint, it’s important for sellers to honor the terms of their contract.

If there are clauses for expenses incurred or a specific notice period, adhering to these is part of fulfilling one’s obligations.

However, if there are legitimate grievances about service quality or non-compliance with the agreement’s terms by the agent, that can provide grounds for termination without penalty, and these situations should be discussed transparently with the agent.

Seeking legal advice from a real estate attorney is always recommended if there’s a dispute or complex termination clause.

How to Cancel Sellmyhomeforonepercent.com Free Trial

The concept of a “free trial” doesn’t directly apply to the services offered by Sellmyhomeforonepercent.com.

Unlike software or subscription services that provide a limited-time free access, real estate brokerage services, particularly those involving listing a property for sale, are transactional and contract-based from the outset.

No “Free Trial” in the Traditional Sense

Sellmyhomeforonepercent.com offers a “Free Consultation” and explicitly states it’s a “Risk-Free No Obligation Consultation.” This is where the term “free trial” might cause confusion for some users. Electronicintifada.net Review

  • Free Consultation: This refers to an initial meeting or discussion with the agent Jaysen to assess your property, discuss market conditions, explain their 1% commission service, and answer your questions. During this consultation, you are not committed to using their services. You can walk away without any obligation or cost.
  • Risk-Free No Obligation Consultation: This phrasing reinforces that the initial interaction does not create a binding agreement. It’s a sales pitch and information gathering session.

What Happens After the Consultation?

If, after the free consultation, you decide to move forward with Sellmyhomeforonepercent.com to sell your home, you will then enter into a listing agreement. This is a legally binding contract. Once this agreement is signed, you are committed to the terms outlined within it.

  • No “Trial Period” within the Contract: The listing agreement itself does not typically include a “free trial” period where you can test out their full services without commitment after signing. The services professional photos, MLS listing, showings, etc. commence once the contract is active.
  • Termination Clauses: If you wish to cease services after signing the listing agreement, it falls under the “termination” of that agreement, not the cancellation of a free trial. As discussed in the previous section, terminating a listing agreement is a formal process governed by the contract’s clauses, which may involve notice periods or even fees depending on the terms.

Key Distinction

It’s crucial to understand the difference between:

  • “Free Consultation”: This is a pre-contractual, exploratory meeting with no commitment. You simply don’t proceed if you’re not interested.
  • “Listing Agreement”: This is a binding contract. If you wish to exit it, you must follow the termination clauses outlined in the agreement itself.

Therefore, there is no “how to cancel sellmyhomeforonepercent.com free trial” because such a trial does not exist.

The cancellation process only applies to the formal listing agreement, which is signed after the initial no-obligation consultation.

If you haven’t signed a listing agreement, you don’t need to “cancel” anything. you simply don’t move forward with their services.

Ethical Considerations for Sellmyhomeforonepercent.com

When evaluating a service like Sellmyhomeforonepercent.com from an ethical standpoint, particularly within an Islamic framework, several critical areas emerge.

While the core service of facilitating a home sale for a commission is generally permissible, specific aspects of their offering, especially indirect financial involvements, raise significant concerns.

The Permissibility of Commission in Real Estate

In Islamic finance, earning a commission or ujrah for providing a legitimate service is permissible, provided the service itself is lawful halal and the commission is clearly agreed upon. A real estate agent’s role in marketing a property, finding a buyer, and facilitating the transaction falls under permissible services. The 1% commission model offered by Sellmyhomeforonepercent.com, in itself, is not problematic from an Islamic perspective, as it is a clearly stated fee for a service rendered.

  • Transparency of Fees: The explicit mention of 1% commission contributes to transparency, which is a positive ethical point. Transparency in financial dealings is highly valued in Islam to avoid gharar excessive uncertainty or deception.

The Issue of Riba Interest and Financial Referrals

This is the most significant ethical red flag on the Sellmyhomeforonepercent.com website.

The prominent link to “Equitable Mortgage Corporation” for “FAST and FREE Pre-Approvals Online” directly facilitates involvement with interest-based financial transactions. Minespan.com Review

  • Riba is Forbidden: In Islam, riba interest or usury is strictly prohibited. This prohibition applies to both paying and receiving interest, and also to facilitating or enabling interest-based transactions. Even if Sellmyhomeforonepercent.com does not directly earn interest from these referrals, by prominently featuring and encouraging the use of a conventional mortgage provider, they are indirectly supporting a forbidden practice.
    • Hadith: The Prophet Muhammad peace be upon him cursed the one who consumes riba, the one who gives it, the one who writes it, and the two witnesses to it, saying that they are all alike Muslim.
  • Ethical Dilemma: For an ethically conscious individual, using a service that actively promotes or is intertwined with riba-based financial entities poses a significant dilemma. It’s akin to benefiting from a system built on impermissible foundations.
  • Alternative: An ethically aligned real estate service would either explicitly avoid referring interest-based lenders or would primarily recommend Shariah-compliant alternatives e.g., Islamic financing institutions like Guidance Residential, Lariba, or Ameen Housing Cooperative for buyers seeking ethical funding.

Claims and Verification

While the website makes strong claims about experience 20+ years, 4,000+ transactions and achievements Top ½ of 1% of all Realtors nationwide, $2,000,000 commission saved, the immediate lack of independent, verifiable sources for these claims raises a minor ethical concern regarding complete transparency.

  • Truthfulness in Advertising: Islamic ethics emphasize truthfulness and avoiding exaggeration ghishh in business dealings. While testimonials are present, external validation of such significant claims would bolster trust.

Focus on Local Market

The intense focus on the Columbus, Ohio, metro area indicates specialized local knowledge, which is ethically beneficial as it suggests a commitment to serving a specific community effectively.

This depth of local expertise can lead to better outcomes for clients, which aligns with providing genuine value.

Conclusion on Ethics

Sellmyhomeforonepercent.com presents a financially attractive proposition for sellers due to its low commission. However, for individuals committed to Islamic ethical principles, the direct and prominent link to an interest-based mortgage provider is a significant concern that overshadows the economic benefits. While the service’s core function real estate agency is permissible, its connection to riba makes it problematic for those who strive to avoid such dealings. It is always recommended to seek services that align fully with one’s ethical and religious convictions, especially in financial matters.

FAQs

What is Sellmyhomeforonepercent.com?

Sellmyhomeforonepercent.com is a real estate service based in Columbus, Ohio, that offers full-service real estate assistance for selling homes at a 1% commission rate, aiming to save sellers money compared to traditional 6% commission models.

How does Sellmyhomeforonepercent.com offer such a low commission rate?

Sellmyhomeforonepercent.com claims to leverage over 20 years of experience and efficient processes to operate with lower overheads than traditional brokerages, allowing them to pass significant savings onto the seller by charging only 1% for their listing agent services.

Is Sellmyhomeforonepercent.com legitimate?

Based on the information provided on their website, Sellmyhomeforonepercent.com appears to be a legitimate real estate service with stated experience, a list of active and sold properties, and client testimonials.

However, as with any service, personal due diligence is recommended.

What services are included in the 1% commission?

The 1% commission includes professional price analysis, MLS listing, advertising on major real estate sites Zillow, Realtor.com, signs, lockbox, professional photos and floor plans, 24/7 showing management, negotiation, and post-sales support up to closing.

Does Sellmyhomeforonepercent.com cover the buyer’s agent commission?

The website primarily states the 1% fee for their listing agent service. Awesomefirms.com Review

While a FAQ question on their site asks about paying a buyer’s agent 3%, the direct answer isn’t immediately provided on the homepage. Typically, in most U.S.

Transactions, the seller also pays the buyer’s agent commission often 2.5-3%.

Where does Sellmyhomeforonepercent.com operate?

Sellmyhomeforonepercent.com primarily operates in Columbus, Ohio, and its surrounding metro areas.

Their services are limited to this specific geographic region.

How much can I save using Sellmyhomeforonepercent.com?

According to their website, they have saved home sellers over $2,000,000 in total real estate commissions.

The exact savings for an individual seller depend on the home’s sale price, compared to a traditional 3% listing agent commission.

Are there any hidden fees with Sellmyhomeforonepercent.com?

The website clearly states “1 percent is all I charge” for their listing agent services.

However, it’s crucial for sellers to clarify if they are still responsible for the buyer’s agent commission which is typically separate from the listing agent’s fee and usually paid by the seller.

How does Sellmyhomeforonepercent.com get so many buyers?

They claim to have one of Ohio’s largest databases of buyers, topping over 10,000 shoppers, plus an additional 1,000+ unique monthly website visitors, in addition to full market exposure on MLS and other major real estate sites.

What is the experience level of the agent at Sellmyhomeforonepercent.com?

The website highlights that the agent, Jaysen, has over 19 years of experience and has been involved in more than 4,000 transactions. Xinyu-enameledwire.com Review

He also claims to be ranked in the top ½ of 1% of all Realtors nationwide.

Does Sellmyhomeforonepercent.com offer a free consultation?

Yes, the website prominently features a “Schedule Free Consultation” option, stating it’s a “Risk-Free No Obligation Consultation.” This initial meeting comes with no commitment.

How do I terminate my listing agreement with Sellmyhomeforonepercent.com?

To terminate a listing agreement, you would need to review the specific terms outlined in your signed contract with Sellmyhomeforonepercent.com.

Typically, this involves providing written notice and may include certain conditions or fees depending on the agreement’s clauses.

Does Sellmyhomeforonepercent.com provide professional photos?

Yes, professional photographers and videographers are included for the 1 percent fee, along with floor plans, as part of their comprehensive service package.

How does Sellmyhomeforonepercent.com manage showings?

Showings are scheduled and confirmed via text message, email, or call center.

They also offer a 24/7 online appointment center where sellers can confirm appointments and view feedback reports.

Does Sellmyhomeforonepercent.com help with negotiations?

Yes, as part of their full-service offering, the agent manages every aspect of the sale, including negotiating offers to secure the best price and terms for the seller.

What kind of post-sales support does Sellmyhomeforonepercent.com offer?

Once a sale is agreed upon, the agent and their Post Sales Support team guide sellers through the transfer process, assisting with inspections, appraisals, coordinating title work, and scheduling signings for closing.

Does Sellmyhomeforonepercent.com use targeted social media ad campaigns?

Yes, in addition to professional photography and MLS listings, the service includes targeted social media ad campaigns to showcase properties. Lumbricals.com Review

Can I get a report on selling in the current market from Sellmyhomeforonepercent.com?

What are the ethical concerns with Sellmyhomeforonepercent.com?

The main ethical concern, particularly from an Islamic perspective, is the prominent link and direct referral to “Equitable Mortgage Corporation” for pre-approvals, which facilitates interest-based conventional mortgages. This indirect involvement with riba interest is problematic.

What are some ethical alternatives to traditional real estate services?

Ethical alternatives include For Sale By Owner FSBO with direct sales, flat-fee MLS listing services, or engaging real estate attorneys for transactional support, focusing on transparency and avoiding any direct or indirect involvement with interest-based financial products.



How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

Leave a Reply

Your email address will not be published. Required fields are marked *

Recent Posts

Social Media