Flat Fee Broker vs. Real Estate Team – What’s the Difference?
Are you planning on selling your Southern California home? If so, you may be wondering what’s the difference between a flat fee broker and a Real Estate team?
In this article, we will answer this question and provide you with insight into how to choose the right person to help you sell your home.
What’s It Like Working with A Flat Fee Broker?
A flat fee Real Estate broker (Flat-fee MLS) is someone who offers their services à la carte. This means that you will be paying them a flat fee of $500.00, depending on the agent, rather than paying them a percentage of the sale price of your home once it’s sold.
This broker will then list your home on the Multiple Listing Service (MLS) and once it’s listed you will be responsible for handling all of the traditional duties of a Real Estate agent like taking phone calls, scheduling an open house, meeting with buyers, disclosures, liability and negotiating that are required to sell your home.
Yes, working with a flat fee broker means you will be able to cut out paying half of the commission to the agent but you should also ask yourself if this option is worth it considering that you have to continue with all of your other day-to-day responsibilities on top of selling your house.
Learn More About Working with A Full-Service Team
Full-service real estate brokers like the Fred Sed Group will do everything required to sell your home for top dollar. This includes staging, decluttering, marketing your property online, showing your property to buyers, negotiating and ultimately selling it to the most qualified buyer.
In today’s world, the average homeowner in the United States will choose to work with a full-service real estate broker because they want the highest level of service when it comes to selling their homes.
Working with a real estate team makes sense especially considering that your home potentially represents the biggest financial transaction of your life and you want the most experienced team serving your best interests during every step of the sale.
It’s All Up to You
If you plan on listing your home yourself, more power to you. As an experienced Real Estate team in a correcting market, it’s important for you to remember that we are no longer in a real estate market where owners can get multiple offers on their homes after they place a sign in their front yards.
Selling a home in this Real Estate market takes work; especially when it comes to getting a home ready for sale and doing everything necessary to market the home for sale online.
Our goal as a real estate team in Southern California is to help you get top dollar for your home.
For questions about working with our Real Estate team, contact us today by calling (800) 921-9231 or connect with us online.