Are you planning to sell your home sometime in the near future? If so, hopefully it’s something you’re looking forward to. Maybe you finally found your dream home. Maybe you’re just excited about the money the sale will put in your pocket. Unfortunately, many sellers find out a bit too late that the agent involved will get around 6% for their services. That might not seem like a ton of money right now, but consider that 6% of a $300,000 sale is $18,000. Obviously, that’s a lot of money no matter what, but it could be almost the equivalent of the down payment you need for your new house.
Of course, for decades now, there really hasn’t been much people could realistically do about this. The vast majority of people simply aren’t going to go get a real estate license and then find a broker so that they can forego this fee. Worse still, it didn’t appear as though this problem was going anywhere. If anything, it was as entrenched as any other feature of the real estate industry. After all, the price of homes has quadrupled over the past three decades, yet agents still command that 6% commission.
Fortunately, that is beginning to finally change for those who know what their options are. With flat fee real estate, homeowners can now work with agents on their own terms. You list your house and then decide what you’ll pay for a seller who wishes to broker the deal. This fee is agreed upon upfront, so you have no unpleasant surprises down the line.
There’s also an argument that this approach means better exposure. Better exposure would obviously mean that the price of your home would benefit too. See, flat fee real estate is largely a product of the digital age. Sites like ours allow you to list your property on your own terms and get plenty of attention from those looking to help buyers in the market.
The sale of your home is no small transaction. It’s something you must handle perfectly or you could lose out on a lot of money and even the home you truly want. Thanks to flat fee real estate, you can now get a better price, keep more of the profit and potentially sell your home sooner than ever before.