Adult life always forces us to make choices. At some point, some of us ask ourselves the question, “Should I sell my house using a flat fee brokerage?” To make this decision, the first step is to understand what it entails and what the advantages and disadvantages of this choice are. I want to discuss this topic with you. Of course, we are all interested in the advantages we have and how we can solve the problem much more easily and bring us benefits.
Using a flat fee brokerage service is probably the best course of action if you’ve decided to sell your house. Why? First of all, because the brokerage would have the means and experience to ensure more prospective purchasers will view your home.
The following are the most well-known benefits of a flat fee brokerage:
As opposed to traditional real estate services, with a flat flee brokerage, you don’t pay the realtor a percentage of your home’s value, but a flat fee, so you’ll know upfront what the sale will cost you, allowing you to budget more accurately. Also, it typically costs a lot less than the majority of other real estate services, and the entire transaction is still under your full control.
Let’s now move on to the less beautiful part, namely the disadvantages. The following drawbacks of flat fee brokerage are frequently brought up:
Some flat free brokerages may not provide you with the same degree of services as conventional brokers. Also, this model doesn’t guarantee a sale, and it can sometimes be challenging or drawn out.
You will need to set a price, negotiate a price, prepare your house for marketing photos and viewings, write the listing, respond to any queries, and make sure that all paperwork is in place without the flat fee brokerage.
