What full-service discount realtors do for home sellersįull-service discount realtors provide the same basic services you would expect from a full-service traditional realtor, including:Īdvertising on the MLS, Zillow, and other real estate websitesĭepending on the discount brand, they may also provide premium services like virtual home tours and paid digital marketing. For example, on a $400,000 home, selling with a 1.5% commission realtor could help you keep an extra $8,000 in your pocket! Getting a discounted listing fee could net you huge savings. That’s substantially lower than the standard 2.5–3% listing fee that traditional brokerages usually charge. Most nationwide and regional discount realtors charge a 1–2% commission. How much do full-service discount realtors cost?įull-service discount real estate companies come at a range of different price points. Limited-service realtors charge low fees but provide much less support than a full-service agent.įull-service discount realtors offer a similar range of services and support as agents at traditional brokerages but charge less than you'd typically pay a full-service agent. Discount real estate companies come at a variety of different price points and offer varying levels of service:įull-service discount realtors provide the same range of services and support as traditional agents but charge lower rates. What is a discount realtor?Ī discount realtor is any real estate agent who charges less than the typical 2.5% to 3% commission that traditional brokerages usually charge. Factors like rising home prices and competition from full-service discount brokerages are making rates more affordable than ever.
However, average commission rates vary by location and have begun declining in recent years. Selling with a full-service realtor from a traditional brokerage typically costs 5–6% of the sale price, which comprises commission fees for both the seller's agent and buyer's agent. How much does a full-service realtor cost? These services (and more) add up to more positive attention from buyers, which increases the likelihood your home will sell quickly and for top dollar. Organizing and managing open houses for your propertyĪssisting with paperwork to help you avoid costly legal liabilities High-quality photographs for your listingĪdvertising your home on the local multiple listing service (MLS) and home-buying websites like Zillow
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When you sell your property with a full-service realtor, they'll guide you through your entire sale, from before you list your house on the market to the day you sign your closing papers.Īlong the way, they'll provide all of the services you need to sell your home, including:Ī professional home valuation to help you price your home accuratelyĪdvice on how to stage your home to attract buyers What full-service realtors do for home sellers
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Most traditional brokerages are considered full service, including nationwide brands like Century 21, Berkshire Hathaway, Keller Williams, and RE/Max. » COMPARE: The Best Low Commission Real Estate Brokers in 2022 What is a full-service realtor?Ī full-service realtor is a real estate agent that handles your home sale from start to finish. In this guide, we'll help you understand how full-service and discount realtors work so you can choose the agent that offers the most overall value for your money. There's no right or wrong answer, but it's important to understand your options. These brands typically charge thousands less than traditional agents, so the savings potential is huge.īut while some discount realtors offer genuine full service that's on par with conventional brokerages, others come with service trade-offs that make them a riskier option for some sellers. These companies usually charge a standard 2.5–3% listing fee, which translates into a hefty price tag on most home sales.ĭiscount realtors and brokerages have gained popularity in recent years. Historically, finding a full-service realtor meant working with a traditional brokerage like RE/MAX or Keller Williams. These agents provide dedicated, hands-on service throughout your entire sale, helping you price your home accurately, find a buyer quickly, and negotiate an offer that gets you top dollar. When you're selling a house, hiring a full-service realtor is typically a good idea. What is a full-service realtor? | Types of discount realtors | Are discount realtors worth it? | Top discount real estate brands
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