Commission
How flat fee commission works…
Flat fee vs traditional…
Realtor commission is typically all-inclusive; it covers all aspects of the marketing and sale of your home. HomeWise Real Estate offers the same service at half the cost.
A Different Way of Doing Real Estate
Flat fee is a different way of paying the commission. When a seller sells through a Realtor, traditional agents commonly charge 6% at closing; 3% goes to the buyer’s agent, and 3% goes to the listing agent. With Flat Fee, the seller only pays the buyer agent commission…because the seller has paid a MUCH smaller fee upfront at listing; sellers don’t pay the listing agent at closing.
Flat Fee Example
A house selling at $300,000 with a traditional 6% commission would pay $18,000 in commission. If it sold Flat Fee at 3% commission to the buyer agent, the seller would pay $9,000 – saving $9,000 commission! Just the commission is different! The listing would not only appear in the MLS, as all other listings but many other popular websites as well! Just the commission is different!
Only The Commission is Different
Everything a traditional listing receives from any other real estate company is what Flat Fee gives you at half the cost. The only difference is you, the customer, take the pictures. We believe this benefits you because you can choose what your pictures look like in the Realtor MLS!
Some things every seller should know…be assured there isn’t anything any Realtor can do in selling or buying homes that every other Realtor can’t do.
Real estate listings, buying, and selling are all the same. If any Realtor tells you differently, they are just after the sale commission and do not have your best interest at heart. Be assured that HomeWise will care for the sale of your home just as if it were our own. We believe in treating people the way you would want to be treated.
Home sellers are contemplating whether to skip the standard 6% real estate agent commission and find something cheaper. For Sale by Owner is one option, although many want at least some support in a labor-intensive process. Sellers rejoice! An alternative discount real estate option is turning heads. HomeWise Flat Fee is the best option. HomeWise offers their services for a flat fee versus a realtor percentage fee of the home sale price. Is it worth it to the seller to go this route versus FSBO or a full-service agent paid on commission? We’ll give you six reasons why a flat fee is the best way to maximize your investment. The number one reason sellers choose HomeWise flat fee is that it is significantly less expensive than a full-rate REALTORⓇ. You still pay some fee; it is a fraction of the commission you would pay. Going for FSBO alone would save you even more in commissions, but selling your home without the MLS is difficult. Unless you have a viable buyer interested in your home, the MLS is how agents and buyers find your home. A flat-fee broker will give you access to the MLS, and that’s essentially what you’re paying them for. The fee you pay a HomeWise flat fee will vary depending on the option you choose. When you sign on with a full-service real estate agent, you agree to specific terms and conditions. You are locked into an agreement until your home sells. Or you or your agent determine the relationship is no longer in your best interests. With HomeWise flat fee, however, once you pay the fee, you can go whenever you want. No matter how much attention a REALTORⓇ promises you, the truth is you are sharing that agent with others. You are at the mercy of their schedules. HomeWise gives full attention to every client! Only agents and brokers can access the one piece of technology most coveted by buyers and sellers; the MLS.. They also will use technology to pull market data and analysis to help price your home. This is a critical service; HomeWise flat fee provides the same access to the same technologies. FSBO and cost-conscious sellers can pay a flat fee to access the MLS through HomeWise. Selling your home with HomeWise means you’ll be doing some of the processes yourself. You can book showings, open houses, and closings on your schedule. You can put as much or as little time and effort into the process as you decide. One of the best HomeWise selling points is that it gives home sellers more control over the entire selling process. From pricing your home, scheduling showings, having an open house, and inspections, you make up your own rules. A REALTORⓇ adds plenty of value to the home selling process; most home sellers still rely on them to sell their homes. However, HomeWise is a good alternative for those who want to keep more money in their pockets. If you have any questions please email Sharon or call: 614-432-7325
Flat Fee
Want to know more?
Are Flat-Fee Real Estate Firms Worth It?
1. Lower Cost – What is a realtor’s percentage?
2. Less Commitment
3. More Efficient Sales Process
4. Up to Date Technology
5. Flexible Schedule
6. More Control with Flat Fee MLS
