What are the Benefits of Using a Flat Fee Broker vs. a Traditional Agent?
There are a variety of reasons to sell a home – whether relocating for a job, up or downsizing or maybe the equity in your home is too good not to capitalize on. Making a profit might not always be the reason you’re selling a home, but one thing is for sure – no one wants to lose the equity that they’ve built up by paying outrageous commission fees. In fact, by selling your home for a flat fee, you’re able to save over $10,000 on average. This is cash that can be used to make a down payment on a new home, or maybe to take that dream vacation you’ve been wanting to take for years.
In order to truly capitalize on the equity you’ve gained in your home, it’s important to understand the difference in how much money you’ll be spending when selling your house with a traditional agent vs. a flat fee broker, like Camino Real Realty. With Camino Real Realty, we don’t charge a high 6% commission fee that most traditional brokers do. We only charge one flat rate for you to sell your home. Because a traditional real estate transaction has a standard brokerage fee anywhere from 5% – 7%, the listing agent and the buyer’s agent typically split that commission fee. If a listing agent doesn’t offer the standard rate of 2.5% – 3% commission split, buyers’ agents might refer their clients to other properties, which will slow down the process of your home being sold.
The Bottom Line: SAVINGS! Flat Fee Listing Service with Camino Real Realty, LLC Starting at $5000 and You choose how much the buyer’s agent will receive: 2%, 2.5%, or 3%.
Ready to list? just contact us at 954 213 5310