Frequently Asked Questions

1. If I use the Econo Package how much will it cost me?   

      In the Economy Package you pay plexseller.com $80 per month until your property is sold or you take it off the website.  If a Realtor brings you a Buyer they may ask for a commission to sell your property.

2.  How much do I have to pay them (the Buyer Agent)?

      If an Agent brings you a Buyer you should pay them the going commission rate for your area, that is generally 1-3% for their side of the sale.

3. In the Full Package how much commissions to I have to pay the Realtor?

      In the Full Package a Realtor will represent you in the sale and work with you through the whole transaction until the end.  They will charge the going commission rate for their office. They will explain what they charge and how it gets divided up if another Realtor brings a Buyer.

4. Do  you supply signs when we sell our properties?

      In our experience when a sign is placed on the property people will talk to the tenants about price and condition of the property.  This generally will irritate the tenants making them anxious and may eventually move out leaving you with a vacancy, which is hard on your cash flow and hard for a sale.  We will supply signs on request just ask!

5. How do I get my property off the website if I sell it or I decide not to sell?

      Number 8 in the Terms, Privacy, Policy, and Disclaimer explains how to remove your property if it is pending, sold, or you decide not to sell you property.  A simple e-mail and a phone call and it is off.

6. What if I get an offer on my property?

      We ask that you please remove you property from the website.  In some states it illegal to advertise properties that are Pending.  If the transaction falls through, you just enter it back on the website.

7.Why do you need my Profit and Loss Statements?

      To provide Buyers with the necessary information in a packet form to look at your property to purchase.  A Buyer wants to see how your property performs financially.  They need to see if it will work within their portfolio and their long or short term plans.

8. Do I need to give you a Profit and Loss Statements?

      No you don't need to give a P&L Statement, but you would need to supply rents you receive per year and the expenses you have paid out so we can add that information to our forms in our packet.

9. How do I get my Profit and Loss Statements to you?

      It is best  if you can scan and e-mail to us along with the pictures and a description of the property. Computer generated is the best for a new Buyer to process a loan.  If you use a management company their information works and is usually quite accurate.  Hand written will work as well.  Again, please be truthful with these documents to expedite a transaction as quick as possible.