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 over a shorter period. An agent who works on commission can try to stall the, promising a better price. But they can’t assure you that. Clearly, you want to get the best sale possible. Keep in mind that accepting or rejecting an offer is always totally up to you.
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 that you can make decisions with confident and know exactly what’s going on with every every step you take.
Working with a fixed rate realty means you know exactly how much you’re upfront. In other words, you get more control over your budget, instead of relying on the 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. At a 3% commission rate (the usual), you will be handing over $15,000 to your agent. (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! 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? Every seller must get the same quality of service as any other, irrespective of the value of the property being sold. With a flat rate agent, you can feel secure with your budget, no matter what. You will receive exactly the same amount of attention and quality of service as every other client of the agent. 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 is what you pay and that’s about it.