Reasons to Work with a Flat Fee Real Estate Broker

Metro Magazine  » Real Estate »  Reasons to Work with a Flat Fee Real Estate Broker
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Nowadays, home sellers are wondering whether they should skip standard real estate agent commission and look for something cheaper. Selling by owner is one option, although some still need a labor-intensive process. Fortunately, there is a new alternative that is becoming quite popular. In fact, it is worth it for home sellers to go this route than a full-service agent or to sell on their own. These are some of the reasons to consider working with a flat fee real estate broker.

Lower Cost

This is the main reason home sellers go for flat-fee real estate services. In fact, it can be less expensive as compared to full-rate real estate realtors. Although you are paying some fee, it is only a fraction of 4 to 6% commission you would have paid. As you know, selling by yourself can save you a lot of money, but selling your property without MLS is not a good idea. If you do not have a viable buyer who is interested in your home, the MLS is the best way buyers and agents find your home.

Less Commitment

When you hire full-service real estate brokers, you must agree to their terms and conditions. In fact, you are locked into the agreement until you sell your home or until both of you determine the relationship is not necessary. However, with a flat-fee broker, after paying the fee, you have the freedom to go wherever you want. For instance, if you decide to pay per day, you may be committed to paying only for the current month.

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Right-Fit Services

When you pay the real estate agent commission, you are paying a package of services. Usually, the commission you pay goes towards determining the selling price, scheduling an expert photographer, printing marketing brochures, and advice on how to stage your home. The agent will also list your home, track showings, and market your home.

More Efficient Sales Process

It does not matter the individual attention a broker promises you; the fact is that you will be sharing that agent with the others, or even more. As a result, you are at their mercy. With a flat-free real estate broker, you are only paying for MLS listing, and you will sell your property on your own. Therefore, you can dedicate a lot of time to the process and ensure the right thing is done to sell your house quickly.