Reasons to Consider Selling through a Flat Rate Real Estate Broker
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 earn their cash by turning more properties much faster. A typical might attempt to delay the sale while promising that you will get a better price. However, there’s no guaranteeing that. Obviously, you want to get the best possible price. Note that accepting or declining an offer is always completely up to you.
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 that you can make decisions with confident and know exactly what’s going on with every every step you take.
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. If the typical agent sells your property for less than your expectation, their commission can still be high. This can impact your budget by requiring you to pay more than you expected at a cheaper selling 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? Say your house is being sold at $500,000. If the listing agent’s commission is 3% (the norm), that means you’re paying them more than $15,000. (NOTE: A 3% commission typically goes to the listing agent and a separate 3% to the seller’s agent.) 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! Only a fraction of that amount goes to a flat rate realty, which means, as mentioned, your profit is maximized.
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? Regardless of the value of the house, any seller should get the same level of service as the other. With a flat rate agent, you can feel secure with your budget, no matter what. The level of attention and quality of service you get will be no different from what they are giving other sellers that are working with them. It makes no relevance whether the property is a two-bedroom house or a mansion. 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.