Life can be very unpredictable. The lives of people change continuously and because of this the sale of a home is sometimes required. One of the most effective ways to sell a house is by using a Flat Fee Realtor. This service is a way to list a home on the Multiple Listing Service(MLS) via internet. For three hundred to five hundred dollars, on average, an online realtor will list a home on MLS with all the property information and pictures.
From past experience, the details such as property description and photos are best left to the homeowner because that person knows the property better than anyone. Most flat fee MLS services require those details to be provided with the listing by the homeowner. Generally, the flat fee service will offer to take photos and write details for a fee.
A couple of tips that can make a real difference with a flat fee listing is to take really good photos and write a really effective property description. The most important thing to remember when selling a home is that the property needs to stand out from the rest of the listings. Effective photos, descriptions and correct listing prices are the three most important things to address in order to make a house more appealing than the others.
The greatest thing about flat fee service is a person will only pay an average three percent commission to the agent of the buyer rather than the traditional six to seven percent payout with a full service realtor. Generally, with the flat fee service, comes any advice or intermediary help needed to facilitate the sell of a house. This tool is designed to be an effective selling tool and can have two different scenarios.
The first scenario is when a person decides to use a flat fee service to get as much of the asking price as possible for their personal financial gain. The second scenario is when a person decides to forfeit the financial gain noted in the first scenario and lower the price of the home by the amount normally paid to a listing agents’ commission, usually about 3%.
When someone takes advantage of the second scenario, that person is increasing the chances of selling a house by decreasing the price of the home by the amount of the three percent that would otherwise be paid out to the sellers agent or realtor. In short, the listing costs a person a flat fee, but, in some cases, the savings are passed along to the buyer in order to make a quick sell. Time is money. A quick sell at a slightly lower price than expected is better than a sale at full asking price in a much longer time period.
- Commercial Property Agents – How to Make Listing Agents Work For You and Why
- Lower Your Bills – Good Property Management Keeps Expenses Down