Why a Flat Fee Real Estate Broker Is Better for You
As you already know, selling your home conventionally means you should pay your broker. However, this system though can produce an expensive outcome for you, although flat rate listings sure have lots of advantages over the regular commission fee structure.
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. But they can’t assure you that. Obviously, you want to get the best possible price. Remember, it’s always all up to you whether to accept an offer or not.
A flat rate real estate company will help you sell your home fast and at a favorable market value that will boost your profit. A flat rate listing agent allows your to sell your house quickly for a price that maximizes your earnings. Flat rate listing agents offer a more consultative approach to house selling. They make sure you are making confident choices and are aware of all that’s happening each step of the way.
With a fixed rate agent, you know the amount you’re spending 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 could affect your budget when you have to pay higher than you expected if the selling price were lower.
Listing your property with a fixed rate broker often serves up a lot of savings for you. 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 the listing agent’s commission is 3% (the norm), that means you’re paying them more than $15,000. (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! A flat rate agent can receive but a fraction of such figure, which means your profit gets a boost, as we have mentioned 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? Every seller must get the same quality of service as any other, irrespective of the value of the property being sold. You will feel safe with a flat rate realty because you will be paying a set fee, no matter what. You will get the same level of attention and service as all the other customers of the realty. Whether you’re selling a single-bedroom cabin or a villa, it doesn’t matter. If you’re selling a house that is pricier than what the other seller has, do you automatically deserve better service? Your fee is fixed and you know it, that’s it.