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by Richard Massey
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br /> Advertise your home on Realtor.com®
Market to buyers working with a Realtor® through the MLS
Market to Buyers working without a Realtor®
Retain your right to sell your property by owner
Avoid paying any real estate listing commission by paying a flat rate or fixed fee upfront
Only pay a commission if a buyer's agent sells your home
Why would a listing agent want to do this?
For real estate agents this can be an opportunity to increase revenue by listing more homes. There are many people who refuse to use realtors because of the 6-7% commissions, but are more than willing to pay 3%. With the increase of internet marketing, realtors can reach more people because all they are offering is to list the house on the MLS. Services are minimal and the listing agent really won't be trying to find a buyer for you, but rely on the buyers agents. This allows them to list properties in a larger area and in some cases in other states.
With the increase of house prices, is the 6% sales commission going to survive or will flat fee listings be the wave of the future. Only time will tell...
Richard Massey is a note broker with United Financial Resources and a real estate investor. You can get more information at
http://www.unitedfinancialresources.com or to read more articles go to http://unitedfinancialresources.com/news.html |
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