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If you are selling a home in Shiloh, you may be thinking your best option is to work with a realtor. While this will allow you to essentially hand over the reins of the sale, it also means you will have to hand over a 6% commission when your home sells. If you’re thinking that is a small percentage, consider the potential selling price of your home –if your home is $200,000, your realtor’s commission will be $12,000 – a significant sum that could be put to better use as a down payment on your new home.
If you want to keep more of the profits from the sale of your home, you do have other options. One of these is doing a “For Sale by Owner“ (FSBO), and the other is using a flat fee MLS listing service in Shiloh. The FSBO option allows you to keep the profits when you sell, but it also means you are responsible for handling everything on your own – advertising, listing your home and many other tasks. Many FSBO sellers spend tons of time and energy trying to sell their homes, but if they don’t list on the local MLS or major realty websites, they are missing potential buyers.
The other option, flat fee MLS listings in Shiloh, allow you to take advantage of a broker’s knowledge and contacts so your home is listed on the sites that will garner the most attention, but you also maintain your FSBO if you wish. Additionally, you won’t be paying a 6% commission. If you do have to pay a commission to your buyer’s agent, it will be less than half of what you would pay if working with a realtor.
Flat fee MLS listings for your Shiloh home also allow you to pay a flat rate to an agent, who will work with you to sell your home. You will also be able to secure your own buyer and handle the negotiations on your own if you choose. If you handle the deal on your own with a private buyer, you won’t have to pay a commission at all – the only thing you will pay is the rate that you and your agent agreed to when you signed up.
Flat fee MLS listings allow you to keep more of the profits from selling your home. If you’re ready to get started, contact us today for more information.
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