Re: Flat Fee Real Estate Listing Service
This is why I am considering this method.
"The buyer knows you are "saving a bundle on commissions" and he will expect to pay less as a result. He will take that into account when he makes an offer." downeaster
The buyers in our area already think every home is a "fire" sale. By not paying the commission to a listing agent we can get closer to the new expected price.
"After all, if the market has not bottomed out yet, selling a house sooner, rather than later, actually results in money saved."
I totally agree plus TV awaits. However, our possible realtor has told us to expect that selling our home could take a year...with his assisstance and priced right. He is ranked one of the absolute best in our area. If prices keep going down we could handle the loss better without his commission. We have already lost 20-30% of our home's appraised value from last year.
I am thinking that pricing it without his commission allows us to get on the market with a lower price and maybe generate some interest that way.
I am mostly worried about the reliability of these flat fee companies and are they what they seem.
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