Save Thousands in Commission
I don’t know anyone who would say selling their house was a pleasant experience. On the contrary, for most of us, it is one of the more stressful times of our lives.
With the emergence of flat fee listings, it just got worse. The good news is that the extra pain pays off handsomely in your pocketbook. It cuts the commission in half.
Reality is that, for the time being, there is no realistic alternative to the Multiple Listing Service (MLS), the real estate industry’s stranglehold on buying and selling real estate. To get your house listed on the MLS, you have to go through a licensed real estate broker. Flat fee brokers accept a flat fee, as low as $199 instead of a percentage, to put your house on the MLS. You still have to pay the selling agent a percentage, but that’s only one half instead of two.
There is an additional price to pay for this cheap service. Once you have paid, you are disposable. The sooner you go away, the sooner the realtor’s obligation will end. They will do the absolute minimum for you. They may even try to cancel the listing if it’s too much work for them.
That being said, with a typical seller agent commission of 2%, the extra hassle is well worth it.
For most of us, being your own agent is a little daunting and the stakes are high. A mistake could cost you as much as you would save.
I was a real estate agent for seven years and I just sold my own home this way. If you need help with yours, my hourly rate is $18/hour. The first hour is free except if you like it. Then you pay for it. Otherwise, we’re still friends.
Call (516) 508-3219 and let’s get started.
I’m not a licensed real estate agent. I do not list homes for sale or help you buy one. I do help you navigate the complex world of real estate on your own and save you some money.