1. Your REALTOR®is going to do the same amount of work
Assuming you pick a REALTOR® that uses a rigorous process to market and sell your home, they are going to spend about the same amount of time and money to promote your home compared to other clients. If your home is selling for a higher value than most homes in your market, why should you pay a percentage and therefore MORE than other home sellers?
2. It’s a conflict of interest
In most cases a traditional percentage-based REALTOR® will offer half of their commission to buyers REALTORS®. This is a clear conflict of interest. The buyers REALTOR® works for the buyer. If the buyer’s agent demands to be paid a percentage you would be wise to question the ethics of the situation. What this means is that the more they can push their own clients to pay, the more they will get paid. A FLAT FEE is the best approach as its clear, transparent and free of bias.
3. The internet has changed everything
Long gone are the days when a buyers REALTOR® had to drive a buyer around 20 or 30 homes before the buyer found their dream home. Today most buyers are so well informed thanks to the internet that they usually see no more than 10 homes before they purchase. And the days of driving documents all over town are long gone. Buyers are signing offers via electronic media (as are sellers). Thanks to technology and reduced labour it’s now much less expensive to provide great REALTOR® services.
Less cost should equal lower fees. Its only fair.
To learn more read this: 3 Reasons Why Commissions Must Come Down
About the author:
You can read more about the author of this blog by clicking this link – Stuart Neal Broker Owner & REALTOR®.
Want more information about our lower cost FLAT FEE home selling programs? Please feel free to call our broker owner Stuart Neal at: 780-760-2014 or visit our home sellers page www.FlatFeeRealtyAdvisors.ca