6 Common Questions About Flat Fee Real Estate
What is flat fee real estate, and what are the benefits of using a flat fee broker versus a traditional agent? If you’re thinking about selling your home and want to save money on commission fees, read below to learn about this cost-effective alternative to traditional real estate services. In this article, we’ll explain exactly […]
Flat Fee Real Estate vs. FSBO… Who Wins?
1. What is FSBO? FSBO, otherwise known as ‘For Sale By Owner’, is the sale of a home without the use of a real estate agent in the process. This method of selling a home is primarily used to save money, but it isn’t always the easiest way to do so. Without representation from […]
Why Should I Consider A Flat Fee For Service Real Estate Brokerage?
What is Flat Fee Full Service Real Estate? A Flat Fee Full Service Real Estate Brokerage is a company that will list your home for a fair flat fee while providing a full service experience that includes everything from inclusion on the MLS to a fully executed marketing strategy that markets and sells your home […]
Misunderstood Essentials of Housing Prices and Commissions
What does the federal reserve’s deception of the housing marketing mean for you? Looking at a twenty year history of the value of homes, we can find the average home value–$200,000–in American during the early 2000s. Looking forward to this year, 2020, we see that house prices have increased to $400,000. They’ve almost doubled in […]
The Hidden Truth Behind Real Estate Commissions
What comes to mind when you hear the phrase “real estate commission”? We each might have different ideas. We may have had various experiences with paying (or receiving) such a commission. However, when we take a step back, do we really understand how commissions operate, and does the way they function actually make sense? Unpacking […]
Are You Overpaying Your Real Estate Agent?
We need to face it. When it comes to real estate agents, some key questions are being overlooked. What is a real agent truly worth? How much should they actually cost you? Is their commission too high or too low? Many start the conversation around real estate agents through this lens of commission. When asked, […]
Who Earns $661 Per Hour?
What if we told you some people are making $661 per hour, but it wasn’t who you thought? Well, turns out it’s true. Meet the real estate agency. It all adds up In 2019, 5,340,000 real estate transactions took place. Now, since a buyer and a seller are on either side of the transaction, this […]
Meet Your $100 Billion Dollar Problem
If you had to guess, how much would you think was paid out in real estate commissions nationwide last year alone? Over $105 billion. How? With over 5,340,000 homes a year sold at an average purchase price of $385,000, real estate agents make around $100 billion dollars in commission. Now, having worked in the industry […]