Buying a home can be a complex and sometimes overwhelming process, but with a RETSY real estate agent by your side, you won’t have to navigate it alone.
Experience what you’ve earned .
What is RETSY?
RETSY is a technology-based real estate brokerage comprised of top-tier real estate agents and has achieved more than $1 billion in sales after just 18 months in business. Established in 2020, the firm has achieved incredible success by combining an innovative platform with top luxury agents who are recognized leaders and widely regarded for delivering the highest level of personalized service to home buyers and sellers. RETSY was the first firm selected by Forbes Global Properties to join as an exclusive member, exposing millions of viewers worldwide to the top Arizona luxury properties RETSY agents represent.
$1B+ in Sales After 18 MONTHS in Business
Average Sales Price: $1.6 MILLION
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As homeowners, investors and local entrepreneurs ourselves, RETSY agents know the current standard of real estate is hampered by services so old- fashioned, so sorely lacking in the spirit of service that a different approach is no longer a novelty but a necessity. RETSY is a brokerage that provides something far superior to any in today’s marketplace. It starts with our agents. RETSY’s listings are shared within our network of seasoned luxury agents, who also are given exclusive access to a curated collection of private listings available only to RETSY agents. Our Network of Luxury Agents
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Exclusive Representation
Forbes Global Properties is a luxury real estate marketing platform leveraging the global reach of Forbes to showcase the world’s finest homes and the stories behind them. In 2021, RETSY was hand-picked as the exclusive representation for the Forbes Global Properties brand in Arizona. Through this partnership, our agents gain access to high-net-worth individuals looking to invest in Arizona properties, and also showcase listings on a global scale through the Forbes Global Properties worldwide marketing channels.
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Established in 2020 as a showcase of luxury homes and an invitation-only association of international real estate experts, Forbes Global Properties is a natural extension of the time-honored Forbes brand. Forbes Global Properties leverages the audience and worldwide reach of Forbes, one of the most trusted media companies for the last 100 years, to engage, inform, and delight buyers and sellers of luxury properties. Forbes Global Properties
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Why Forbes
6M
83
Countries
Magazine Readership
53M+
132M
Monthly Global Visitors*
Social Media Footprint
Most Popular Websites in 2020** 58
Most Trusted Magazine in America*** #1
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The Buying Process
Online Home Search via MLS and RETSY Pocket Listing App
Buying a home can be a complex and sometimes overwhelming process, but with a RETSY real estate agent by your side, you won’t have to navigate it alone. From finding the perfect property to negotiating the best price, and handling all the intricate details, your RETSY agent will be with you every step of the way. This next section will detail the Buying Process, and what your RETSY agent will do for you.
Connect with your Loan Professional for Pre-Qualification
Tour Homes
Help You Make an Offer and Negotiate on Your Behalf
Open Escrow with Title Company
Assist in the Home Inspection Process
Closely monitor transaction through Lender and Title company
WELCOME HOME!
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Online Home Search Your RETSY agent will collaborate with you to identify the “must- have” features, amenities, and location you desire in your new home. They will listen to your preferences and priorities, ensuring they understand exactly what you’re looking for. Using this information, the agent will craft a personalized search tailored specifically to your needs.
Your agent will then utilize the Multiple Listing Service (MLS) and our exclusive RETSY pocket listing app to find the best matches for you. This comprehensive approach ensures you have access to the most relevant and up-to- date property listings.
Your agent will connect you with loan professionals to get pre- qualified. They will assess your financial situation and help you understand your borrowing capacity. This step is crucial for determining your budget and making your home search more focused. Pre-qualification gives you a clear idea of what you can afford and strengthens your position as a serious buyer. Loan Pre-Qualification
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Tour Homes
All Realtors® are required to have a signed written agreement with buyers prior to showing a home.
Once your agent has found homes that meet your search criteria, they will arrange and accompany you on tours of potential properties, providing expert insights and answering any questions you may have. Their experience and knowledge will help you evaluate each home’s features and suitability for your needs. This hands-on approach ensures you have professional support every step of the way, making your home search more efficient and informed. Next, your RETSY agent will assist you in crafting a competitive offer for your chosen property. They will leverage their market expertise to ensure your offer is attractive while staying within your budget. Once the offer is submitted, your agent will handle negotiations with the seller, advocating for your best interests to secure favorable terms. This professional guidance helps to simplify the process and increase your chances of a successful transaction. Making an Offer
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Opening Escrow
The next step is opening escrow with the title company, wherein title and escrow professionals will ensure all necessary documents and funds are securely handled, keeping the transaction on track.
Your real estate agent will then assist in scheduling a thorough home inspection with a qualified professional. They will attend the inspection with you, helping to identify and understand any potential issues or areas of concern. The agent will review the inspection report with you, offering advice on necessary repairs or improvements. If needed, they will also negotiate with the seller to address any significant findings, ensuring you move forward with confidence in your purchase. They will also coordinate the appraisal process, ensuring it proceeds smoothly and accurately reflects the property’s value. Home Inspection
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Monitoring Your Transaction
Throughout the transaction, your RETSY real estate agent will closely coordinate with your lender and the title company. They will ensure that all necessary documents are processed promptly and any issues are addressed quickly. By keeping a close eye on the progress, your agent will help prevent delays and ensure a smooth closing process. Their diligent oversight provides you with peace of mind, knowing that every detail is being managed effectively. Congratulations! The transaction is a success, and you’re now the owner of your new home. Your real estate agent will remain a priceless resource of knowledge and expertise on the housing market, and is able to assist you with any real estate needs you should have moving forward. Welcome Home!
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If you are wanting to purchase a home, it’s important to consider hiring a Real Estate Agent to represent you and your interests during the transaction. But, before you do, you should understand how your Agent will get paid for their services. During a new buyer consultation, your Agent should walk you through the services they provide and the fee they charge for those services to represent you. After agreeing on that fee and before touring homes, the Agent is legally obligated to have you sign what is called a Buyer Broker Agreement (BBA) which is a representation agreement specifying their fees. This agreement obligates you, their client, to compensate them for their services. However, it is possible that a Seller may be offering to pay some or all of your Agent’s fees through a “Buyer Agent Compensation Agreement” at close of escrow. Here are four possible compensation scenarios to understand. How do Buyer Agents get Paid?
OPTION 1 Buyer Pays Fees
OPTION 2 Buyer & Seller Pays Fees
OPTION 3 Seller Pays Fees
Seller is NOT offering a Buyer Agent Compensation. Buyer pays 100% of their Agent’s fees.
Seller IS offering a Buyer Agent Compensation, but it is LESS than the fee agreed upon in the BBA. Seller pays the Buyer Agent the offered Buyer Agent Compensation, Buyer pays their Agent the difference.
Seller IS offering a Buyer Agent Compensation EQUAL to the fee agreed upon in the BBA. Seller pays 100% of the Buyer Agent’s fees
Buyers can now use an addendum to the purchase contract to request the Seller pay a Buyer Agent Compensation equal to the fees they agreed to pay in the BBA. If Seller does not agree to pay, then Buyer is still obligated to pay their Agent the fee agreed upon in the BBA if they move forward with the sale.
OPTION 4 Buyer Negotiates Fees Seller Pays Fees
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Experience what you’ve earned .
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