How to Choose Flat Rate Realtors
Flat-rate realtors offer a compelling alternative to traditional commission-based agents, providing cost savings, transparency and professional services. However, not all flat-fee realtors are created equal. It is important to thoroughly review each agent’s track record, client testimonials and expertise before deciding on one to work with.
As a general rule, traditional real estate agents will charge anywhere from 5% to 6% of your home’s sale price. This can add up quickly, especially for high-value properties. Flat fee realtors are able to save homeowners thousands in commission costs by charging a predetermined flat fee for their full-service representation.
Benefits of Using Flat Rate Realtors for Your Home Sale
When choosing a flat fee realtor, it’s important to consider what services you need and how much time you can dedicate to selling your property. Most flat-fee brokers offer different service bundles, which you can pick and choose from based on your specific needs. If you need help with pricing, staging, marketing, and other more hands-on activities, a traditional agent may be a better fit.
Another key thing to look for in a flat fee realtor is how they handle calls. Does your call go to voicemail or do they answer it immediately? If you choose a flat-fee broker that doesn’t answer calls promptly, it could lead to lost opportunities for your property. The best way to avoid this is by choosing a company that provides an instant call-back feature and a live person who can respond to your inquiries.