Three Proven Ways To Save Thousands When Selling Your Home
It’s exciting. It’s stressful. It’s expensive. Selling your home sends you through a whirlwind of emotions. From the excitement of moving to your new residence to the frustration of knowing you’ll pay thousands in real estate listing commissions, the journey can often feel like a roller-coaster ride. There are ways to get discount real estate fees, however, without negotiating or haggling.
Flat Fee
Many discount real estate offices are moving toward a flat fee listing commission structure. According to recent CNN.com and Wall Street Journal reports, this allows a seller to have his/her property listed in the Multiple Listings Service (MLS) database for a flat fee of around $500. Professional agents are then able to see the home listed in the MLS and have the option to show and sell the property at another discount. Real estate listing commissions for sales that result from discount Realtors’ listings run about 3% as opposed to the standard 6% in addition to the flat fee of $500.
These are not always full-service agencies, so be sure to ask what...