How many pictures can a listing have?
We currently allow an unlimited number of pictures to be uploaded per property listing.
I still have more questions, who should I ask?
Please contact GG Sfreddo at (703) 705-7097 of EXP Realty. She is available to answer all of your questions and provide any guidance necessary.
Will my property be placed on the MLS?
Yes, your home will be placed on the MLS and advertised on multiple online platforms with the appropriate terms and disclosures. Our agents will handle all of those details for you.
Does Online Offers really work?
Answer: Absolutely, but the key to success is good marketing. Our system is the tool to display your listing professionally and accept offers online. We incorporate your Online Realty Offers listing as the focal point of all our offline and online marketing. We handle all of that for our Sellers.
Do I need to be a real estate agent to list a property on this site?
Yes! Only “Online Offers Certified” agents from EXP Realty can place properties on this site. If you would like to sell your property, please contact GG Sfreddo at; (703) 705-7097
Can I do anything if the highest offer backs out?
Yes! You can report the high offeror to us if you are not working with one of our agents. If we determine the buyer is at fault, we will remove their privileges on our site. A Seller can also choose to pursue them for default.
Is the high offeror guaranteed to buy my property?
No, but all offers on OnlineRealtyOffers.com is a binding agreement and how far a seller pursues a non-performing offeror is up to them.
However, the buyer is represented by a Realtor who must submit a VA Residential Sales Contract and an earnest money check must be submitted to an Escrow Agent within 24 hours of winning the offer. By doing this, it will help identify a non-performing offeror right away.
In addition, a buyer must provide a full loan approval letter from a Licensed Mortgage Lender prior to making an offer. If they are paying cash they must provide proof of funds to us before offering.
Does a Seller have to accept the highest offer?
No. A seller can counter or reject an offer. You should discuss strategy with your Online Realty Offers agent.
Does the buyer pay any fees?
We DO NOT charge a fee to list a property on our website.
However, it is up to each individual seller whether or not they charge an agent compensation. Make sure you understand all the terms and conditions of OnlineRealtyOffers.com before you place an offer on it.
What is the Agent Compensation? Using our online offer option, real estate commission can be paid by the seller, the buyer, or both. The buyer’s side of the commission is called “Agent Compensation”. (Highest Offer + Agent Compensation = Sales Price)
This is the MOST transparent way for a seller to offer the lowest price on their home and still compensate the real estate agents who conduct and close the transaction.
Each property listed on our website will offer different terms, conditions, and Agent Compensation, so be sure to research the property and all of the details on the property page.
Agent Compensation is collected from the buyer and used to compensate the real estate agents in this transaction. The seller(s) have agreed to compensate the real estate agents from the agent compensation (which is added to the final offer price). The agent compensation will be added to the winning offer amount which shall establish the final sales price.
The seller has agreed that the broker will charge the agent compensation on top of the accepted offer price of the home. Accepted offer price plus the agent compensation will establish the sales price. The seller has agreed in writing to release the agent compensation amount to eXp Realty to be used to pay the commission to eXp and to the co-brokerage commission.
Can I view the home before making an offer?
On most Online Realty Offers transactions, we will have an Open House the weekend prior to the end of the offer period. That will be the opportunity to view the home for all buyers.
Please contact the EXP Listing Agent identified on the Online Realty Offers page.
Can I get an inspection?
In most Online Realty Offers transactions, once the sale is approved, the buyer will have an additional inspection period to complete any additional inspections. If there are inspections already done they will be available as a link from the property listing. In most Online Realty Offers transactions any and all inspection requests will be honored, just ask the agent to set up a time for your inspector. Please read the complete terms and conditions of the offering process before placing any offers.
Is there a fee to register or place an offer?
No, there are no fees required to register or offer. However, some sellers may require that you verify your identity using a valid credit card before placing an offer. In that case, an authorization is done with your credit card but you are not charged.
Also, each property may require a specific deposit once you are declared the winning offeror. Each property will list the required deposit amount in the terms.
Where do properties on this site come from?
The properties on this site are offered for sale by local real estate agents on behalf of private homeowners, wholesale investors, and some Banks or Lending institutions.
What are the offering increments?
You may offer $500 at a time.
Do I have to pay cash or can I get a mortgage?
Yes, you can use a mortgage. However, in order to submit an offer, you will need to provide us with a “pre-approval” from a licensed mortgage lender. A pre-approval is different than a pre-qualification. Once you register one of our agents will contact you and help with the process. If you have any questions about getting a home loan, contact us for more details.
CLICK HERE to apply for a mortgage.
If you are paying cash, you must provide a “proof of funds” document prior to being approved to offer.
How do I place an offer?
You must be a registered member of our site. Registration is currently FREE. Working with a Realtor is required. Once the winning offer is achieved, a Realtor MUST facilitate the entire process from the offering, contract submission, and inspections to closing.
If you need an agent, we can provide one of our “offer experts” who work with buyers. This is all they do and are experts at guiding you through the process. In addition, there may be cost savings available to you.
If you have an agent, simply provide their name and contact information when registering.
CLICK HERE to learn about the whole offering process.