As you may know, selling your home with a traditional broker requires you to pay a commission. However, this arrangement can lead to a pricey outcome for you, but flat rate listings offer several advantages over the standard 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, that can’t be guaranteed. Clearly, you want to get the best sale possible. 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 you are making confident choices and are aware of all that’s happening each step of the way.
Working with a fixed rate realty means you know exactly how much you’re upfront. This means you can stay more in control of your budget. Even if your property gets sold for less than what you had in mind, their commission can still be quite significant. 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 you sell your home 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! 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. With a flat rate agent, you can feel secure with your budget, no matter what. You will get the same level of attention and service as all the other customers of the realty. 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? What you pay will not change, period.