Flat Fee Real Estate Agents: Revolutionizing Home Sales
Traditional real estate transactions are commission-based — you might end up paying your listing agent around 5-6% of the sale price, with another 2.5-3% going to the buyer's agent. This means you could lose thousands of dollars upon successful closing.
One way to avoid having to pay this commission is to work with flat fee real estate agents, especially if you’re considering a For Sale By Owner (FSBO) route. In this article, we'll explore how flat-fee real estate agents are helping homeowners like you achieve successful sales while keeping more of their hard-earned money.
What does flat-fee real estate mean?
You pay a set price for the services of flat fee real estate agents regardless of your home's selling price. This is a big difference from the traditional model, in which agents earn a percentage of the sale price. You know exactly how much you'll pay the agent upfront to make budgeting for your home sale much easier. Flat fees can result in serious cost savings compared to traditional commissions, especially on higher-priced homes.
How does it work?
Flat fee real estate agents offer a range of services: listing your property on the MLS to get it in front of potential buyers, writing a compelling listing description, uploading professional photos, forwarding any inquiries you receive, etc. All of this is typically included in a single upfront fee that’s much lower than the traditional commission charged by full-service brokers. This flat fee remains the same unless you request additional services from the agent.
Get listed on the MLS.
Working with flat fee real estate agents means that you get access to the Multiple Listing Service — a giant network where buyers and other agents can see your listing. That means tons of exposure for your home to help you sell it faster. If you're comfortable handling some aspects of the selling process yourself, then a flat fee agent might be a great option for you.
Sell your home faster while keeping your profits.
Look no further than Real Estate Corners, a flat-fee realty company. Their flat-fee real estate agents can list your property on the MLS for as low as $399. You may call them at (612) 483-1230 to learn more about their Minneapolis flat-fee MLS listing service.
About the author:
Real Estate Corners is a licensed real estate company that has been operating in Minnesota since 2001. Pioneers in the flat fee real estate sector provide homeowners with two cost-effective selling options, helping save thousands on commission fees. With over two decades of experience in residential and commercial property sales, their team possesses the expertise and resources to achieve outstanding results for clients of all sizes. Their top priority is delivering exceptional service, and their team of highly skilled professionals is dedicated to guiding you through every step of the selling process.
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