The Standard Commission Rate To Sell Your Home In Wake Forest NC Is.....
This could be a very simple post - I could easily say "There
isn't one!" and be done with it. However, I
have noticed lately that there still seems to
be the misconception among the general public
that there is a set commission that a Real Estate agent (whether
Realtor® or not) charges to sell your home. There simply isn't
which leads to another question....
What are discount
brokers? Again, a simple answer - I have never
met one.
There are, however, two different types of Real
Estate companies. Traditional (Full Service as some like to call
themselves) and Limited Service (a more a la carte type menu of
services)
Traditional Firms:
•· Market your property to the fullest within the guidelines set
forth by their
respective company. Such advertising MAY include listing
your property in the Multiple Listing Service, Open Houses, internet
based advertising, interior and/or exterior flyers for your home, local
newspaper ads, email advertising, etc.
•· Full representation* when negotiating contracts, preparing
paperwork, working on behalf of the seller, coordinating details of
closing such as inspections, appraisals, closing, etc.
•· Marketing materials such as yard signs, websites, etc.
•· Lockbox for your home
•· Some MAY
include appointment setting services for showings of
your home
By no means is the above list a TOTAL representation
of what a Real Estate agent can do for you. It is merely presented to
show the difference between the types of companies that are available.
Limited Services
Firms:
These firms will generally offer services as "add-ons" to help you to
sell your home. They may ask for a fee up front (or may not) and offer
you services for individual fees such as:
•· Multiple Listing Service
•· Flyers
•· Representation
•· Contract Negotiations
•· Coordinating Closing
•· Advertising (multiple avenues)
When selling your home there are numerous models available
to choose from and one is not better than the other depending
on a seller's precise situation. Each scenario garners a
unique approach. So, while you may have heard that Real Estate
agents charge X% to sell your home - it is simply not true.
So, if the end result is ultimately the same - GET
YOUR HOUSE SOLD - then the burden rests with the consumer to do
their homework and interview many Real Estate agents before
trusting one of their biggest transactions to another. Interview Real
Estate agents from both fields - Limited Service and Full Service - choose
the agent with whom you are comfortable and feel you
can trust, confide in and will serve your best interests.
Again, each seller is different, each Real
Estate firm is different. This is a service based
field - as with any other service oriented company there is a
broad range of prices for services to pay as well as services offered.
I, in no way, mean to cheapen MY profession
but one analogy that comes to mind is servicing my
car. I can take my car to the dealer to have services performed. When I
leave my car has been washed, I have a flower on my dashboard, the car
has been vacuumed and I have had free doughnuts and coffee while
waiting. That's if I chose to wait or I could be shuttled to where I
need to go until my car is done. OR I
can take my car to the local mechanic who I
trust and have the same work done by someone that I know and have
confidence in. No flower, no coffee and doughnuts, no car wash and
vacuum. The same quality work was performed, the same
diagnostics were done and I was somewhere that they
knew me, cared about me and my circumstances and I was comfortable.
You can put all the frills on a service but that doesn't
guarantee the quality or professionalism.
I hope that you find this information helpful and
should you have any questions regarding selling your home you can feel
comfortable calling or emailing me any time - I love to answer questions
about what I do! And, remember, don't let anyone bully you
into thinking that one is better than the other - it all depends
on your situation. It may come as a surprise to you after
reading this post but I am a Full Service Firm.