FREQUENTLY ASKED QUESTIONS
For your convenience, our most common customer questions are answered right here. If the answers are not available below, I invite you to email me at david@arizonareport.com or to call me at (480) 999-6683.
The Arizona Report™ is a website for consumers seeking residential real estate information in central Arizona and around greater Phoenix. Established in 2016, the website was created to provide purposeful and specific information on how to buy, sell or invest in residential real estate in The Valley of the Sun. It is written and maintained by David Meek, a full-time, licensed real estate broker in Phoenix. The Arizona Report™ site features recorded podcasts and video topics specific to the Southwestern U.S. Online visitors can search from more than 24,000 current MLS real estate listings offered by 1,000s of metro Phoenix brokers. The MLS data is updated every 10 minutes, 24 hours a day, through an IDX feed supplied by the Arizona Regional Multiple Listing Service (ARMLS).
My site features MLS search and real estate topics for Phoenix, Scottsdale, Mesa, Ahwatukee, Anthem, Apache Junction, Avondale, Black Canyon City, Buckeye, Carefree, Casa Grande, Cave Creek, Chandler, Florence, Fort McDowell, Fountain Hills, Gilbert, Glendale, Gold Canyon, Goodyear, Litchfield Park, Maricopa, Morristown, New River, Paradise Valley, Peoria, Queen Creek, Queen Valley, Rio Verde, San Tan Valley, Sun City, Sun City West, Sun Lakes, Surprise, Tempe, Tolleson, Tonopah, Waddell, Wickenburg and Wittman.
My fee is also paid by most home builders if a buyer is interested in purchasing a new construction home or a new “spec” home from a builder’s inventory. I will need to accompany the buyer on the visits to the builder in order to offer my services. Please contact me at least 48 hours in advance of your new home site visits and I will assemble information on builders in your price range. Representation here is at no cost to the buyer just like in the above scenario.
If a buyer would like to purchase a non-MLS listed property (like a for sale by owner, or “FSBO”), we will negotiate a rate depending on the services that I provide in the transaction. Typically, this is in the range of 3% of the purchase price depending on the price of the home. I represent only the interests of the buyer in this scenario. I will prepare the contract, counter offers, addenda, inspection response and coordinate the lender, seller, earnest deposit, title team, home inspector, appraiser, and closing agent to make sure that escrow is opened smoothly and the transaction gets to the table and funded on time. My fee is paid upon closing.
For sellers, my maximum fee is 6%. This amount decreases for listings above $200,000. I pay the agent who brings our buyer from this amount.