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Selling your home can be an exciting time – especially if you are selling to move on to bigger and brighter things. However, before you decide to use a realtor to sell your home, there are some things you should consider.
When you sell with a realtor, you are obligated to pay at least a 6% commission at closing. If the buyer has an agent involved as well, you will likely have to pay an additional 3% to him or her. Those percentages may not seem like much, but they can quickly add up to several thousand dollars, which is a significant chunk of your potential profits.
Flat fee MLS listings in Malabar are another option that you should consider before making your decision. With this home selling process, you pay a flat fee to get your listing on the MLS, which is where most serious buyers look when they want to purchase a home. After you pay that fee, you will have a broker working with you who will list your home on other sites that interested buyers are most likely to look.
If the broker secures a buyer for your home, you will have to pay a commission to him or her as well. However, this will be considerably lower than a traditional realtor commission. If the buyer has an agent involved, that will add between 2 and 3 more percent to the commission. Even with both of these combined, it will still be lower than what you’ll get with a realtor.
Another important part of Malabar flat fee MLS listings is your own involvement in the sale of your home. Unlike with a traditional realtor, private buyers can contact you, and the two of you can negotiate a deal on the home. If this happens, you will not have to pay the broker’s commission. Keep in mind, though, that if the buyer’s agent is involved, the 2 to 3 percent will still apply.
As you can see, flat fee MLS listings in Malabar can save you a considerable amount on the fees that come out of the profits when you sell your home. That additional profit can go a long way towards a down payment on a new home, or even renovations.
If you are interested in finding out more about flat fee MLS listings for your Malabar home, contact us today so you can get started with selling your home.
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