Can I search homes on my mobile phone?
Yes! OnePercentBroker.com connects directly into the MLS, allowing you to search for homes from a desktop or mobile device.
You can start your home search right here:
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Can I read testimonials from some of your past clients?
Of course! Click here to see a list of testimonials from more than 75 satisfied customers. You can also see our reviews on Yelp or Angie’s List.
I don't need a realtor, do I?
The quick answer is that if you are buying a home that is listed for sale with a Realtor, the seller has already agreed to pay a commission to the buyer’s agent. If you don’t have your own agent, that Realtor will usually try to represent you AND the seller to make a double commission. This is known as “dual agency.”
Since a real estate agent’s commission is paid by the seller from the proceeds of the home sale, many buyers do not “feel” like they are paying one until they read their closing statement at the end of escrow. It is then that most realize THEIR REALTOR received a substantial commission, even though he or she may not have played a critical role in finding the buyer the home.
Of course, many real estate agents deserve their full commission by working diligently to find a client the right home to purchase. Numerous complicated issues can arise during escrow and it is important that a buyer be able to rely upon the advice and professionalism of an experienced real estate agent. For buyers who choose to search on their own, 1% Broker can be an excellent alternative.
How are you different from a full-commission real estate broker?
The only difference between 1% Broker and a full commission Realtor is that we ask our clients to initially view properties online and attend open houses when possible.
We are happy to provide you with open house info and access to an MLS Portal that will enable you to view all properties matching your search criteria. It will also email you new listings as soon as they come on to the market. Once you identify a home you want to buy, our role is the same as that of a full commission brokerage. We will consult with you regarding the purchase, carefully prepare and present your offer and expertly guide you through the ALL facets of escrow.
We do not cut corners when it comes to protecting your interests. We are PERSONALLY AVAILABLE to address any issues or concerns which may arise. (Other “discount” brokers do not or charge a fee.) Additionally, you will have the benefit of a seasoned real estate “broker” with many years of experience, whereas many Realtors are “agents” who are required to work under the supervision of a broker and thus have lower qualifications and less experience.
We are not aware of any other brokerage that offers comparable personal service and saves you as much money as we do. We are confident you will be more than satisfied with One Percent Broker and encourage you to read our testimonials.
Is my rebate taxable?
The answer is, almost certainly, no.
A February 9, 2007 Internal Revenue Service ruling states that “a payment or credit at closing from [Broker] represents an adjustment to the purchase price of the home and generally is not includible in a purchaser’s gross income.” While it would be helpful, providing further clarification on this issue does not appear to be on the top of the IRS’s list of priorities.
One thing is clear, however: We will not report your commission refunds to the IRS and you will not receive a taxpayer Form 1099 from us.
Source: IRS Index Number 61.00-00, 6041.00-00
Where can I find information about schools?
These sites are useful to learn information about individual schools.
School Rankings – This site uses the API (Academic Performance Index) to rank the quality of schools based on standardized test results.
School Quality Snapshot – The California Department of Education provides data to help parents compare schools.
ED Data – This site offers “quick access to timely and comprehensive data about K-12 education in California.”
These sites can assist with finding the boundaries of local school districts:
Las Virgenes (Agoura & Calabasas)
Realtors - Join us!
We are always on the lookout for hard working, experienced, ethical Realtors® who are willing to receive referrals from us in exchange for representing clients according to our business model and standards. The best part is that our referrals to you can be in addition to the full service business you already operate and nobody but you and the client needs to know about your rebate.
Consider taking a listing from us in your area. The benefits are considerable:
- Put your sign up on a property.
- Sellers show property and hold open houses.
- If you wish, hold open houses to get new clients. (Charge .5% more.)
- Use the listing in your neighborhood advertising.
- Minimum $4,500 commission to you.
- Receive repeat referrals from us!
There are also significant benefits to working with the buyers we refer:
- Buyers search for properties on their own by using the internet and attending open houses.
- Minimum $4,500 commission to you.
- Receive repeat referrals from us!
There is NO COST to join our network, but we will need to verify that you meet our ethical and professional standards. To learn more, please give Hugh Borax a call at 310-ONE-PERCENT (663-7372). You can also email him at hugh@onepercentbroker.com.
