The Importance of Flat Fee Realtors
Up until just the recent past the only question that rang in many an investors mind when it came to investing in real estate was whether it was a seller’s or a buyer’s market. Most would have never take the stress of getting to explore as many options for the basics remained the same, getting to pay a realtors commission in exchange for their expertise services in helping you network to sell or buy your home. In reality, the rules of playing the game have changed and things are much different today.
As has been seen in the real estate market nowadays, it has proved that today you will not find such a one size fits it all kind of a solution to your real estate needs. In case you happen to have some experience selling property, then you stand at a vantage position as you will not have to pay for services that you may not need as compared to the experience of the first timers since you will need less assistance from the realtors and pay for the services that you require. In the end you get the best deal for your money thanks to the shift that has been seen in this market as is today. The following are some of the top advantages that come with dealing with a flat fee brokerage for your real estate investment decision that you need to be aware of as you contemplate this move to deal with the flat fee brokerage companies.
First and foremost is the fact that they will see you maximize on your proceeds as you will not lose any share of these to payment of commissions and fees. The deals with the traditional real estate agents often sees them charge a flat rate fee of a 6% commission which is often on the actual sales price of the property which is offset when the sale is done. By far and large, looking at the rate superficially you may only see it as such an insignificant share of the sales proceeds but when you do your math well, you will then get to realize that this may be the thin line separating profits and losses in the entire transaction.
When you settle for dealing with the flat fee brokers, you will have technically avoided some of the common variables to the whole equation and such are as the fact that you will have a clear knowledge of what you will be paying for no matter how the negotiations pan out with the potential investors.