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Real Estate Tips, Tricks and Secrets

Selling Tip # 4

 

Fee For Services - Sellers

If there is anything that the real estate business has a lot of it's tradition. And, for home sellers, the biggest tradition seems to also be the most expensive - the commission.

Traditionally, the seller pays a commission to the listing broker at closing. And, traditionally, the commission is somewhere between 5 and 7 percent of the sales price. That percentage can be a hefty chunk of 'tradition' for an expensive house.

But, that's just the way it is, isn't it? No, Not necessarily. Progressive RealtorsŪ are now offering something called Fee For Service pricing. The way it works is that you only pay for what you use, just like you would purchase other professional goods and services.

Don't need or want open houses? Don't pay for them. Don't think you need a CMA to price your house? Don't pay for one. Want to control your advertising? Pay only for what you want and need.

You can also pay the RealtorŪ on an hourly basis for advice, counseling, negotiation assistance and other services. That way, if you need less help than someone else you don't overpay.

The bottom line is that the home seller can save money without losing the professional support and expertise that is critical. And, the RealtorŪ comes out ahead too. He doesn't spend time on unwanted, unneeded tasks just to pacify a seller who will be paying a huge fee.

Want more information? Contact Blakeman Properties at 281-870-1280. Or visit:  http://www.blakemanproperties.com/listplan4.htm 

 

First Published 12/7/00 (1/19)

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