Reasons to Consider Selling through a Flat Rate Real Estate Broker
As you may know, selling your home with a traditional broker requires you to pay a commission. Such arrangement though can bring a costly result for you, but flat rate listings certainly have advantages over the common commission fee scheme.
Flat rate agents make their cash by selling more properties faster. An agent working on commission may try to avert a fast sale, promising that a better price will come. However, there’s no guaranteeing that. Clearly, you want to get the best sale possible. Remember, it’s always all up to you whether to accept an offer or not.
With a flat rate listing agent, you can sell your home quickly at a fair market value that will maximize your earnings. A flat rate listing agent allows your to sell your house quickly for a price that maximizes your earnings. Flat rate listing agents use a more consultative approach to home selling. They make sure you are making confident choices and are aware of all that’s happening each step of the way.
Using a flat rate realty company, you know exactly how much you’re paying upfront. This means having greater control over your budget, rather than depending on an unknown value. Even if your property gets sold for less than what you had in mind, their commission can still be quite significant. This may affect your budget by having you pay more than you thought you would at a lower price.
Listing your house with a fixed rate broker typically offers significant savings. After all, who says no to a bigger profit on their sale? Besides, who doesn’t want a higher profit when selling their home? Who’s not interested in a bigger profit on their home sale? Let’s say you’re selling your property for $500,000. If your listing agent’s rate is 3% (which is the standard), that means over $15,000 will be paid to them. (NOTE: The listing agent often receives 3% commission while the seller’s agent gets another 3%.) That’s a huge chunk of your possible profit on the sale! That’s a large glob of your probable profit! That’s a considerable chunk of the profit you can make on the sale! With a flat rate agent, you could only pay a fraction of that figure, meaning you get a higher profit as we said earlier.
Finally, if you come to think of it, why should a certain home’s sale be percentage-based anyway? Lastly, if you really come to think of it, why should a particular home’s sale depend on a percentage fee anyway? Finally, come to think of it, why on earth must the sale of a certain property rely on a percentage cost anyway? Whatever the value of the house, all sellers must get the same level of service. No matter what, a flat rate realty agent will keep your budget safe. You will get the same level of attention and service as all the other customers of the realty. Even if you’re selling a two-bedroom home or a luxurious vacation property, it doesn’t count. If the property you’re selling is more expensive than the other seller’s, does it mean you should get better service? What you pay is what you pay and that’s about it.