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Do you want a discount from your Real Estate Agent?
September 2, 2016 /What You Get When You Work With a Discount Agent Here’s a hint: it’s not much. While discounted brokers might seem attractive (who isn’t attracted to a lower price tag?), a lower cost does not often equal a better experience in the real estate world. Before jumping on the discount bandwagon, take a minute to read our reasons why traditional realtors are still the kings (and queens) of the real estate world. Traditional vs. Discount Before launching into a discussion about why the traditional model trumps discount upstarts, it’s important to understand the distinction between the two. A traditional broker is a tried and true real estate agent - he or she will charge a standard commission fee (often 6% of the sales price), but will not charge any other fees. Traditional brokers generally control all aspects of the real estate transaction, such as advertising your home, working with the MLS in your state, negotiating offers, helping you discover anything unique about certain properties, developing individualized marketing strategies to ensure that a homeowner’s property gets maximum market exposure, and finding properties for prospective buyers. A discounted broker, on the other hand, charges a lower commission, often around 3-5%, but sometimes even lower. Some…Read more
