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There are pros and cons associated with using low-commission real estate agents. They are still licensed professionals, of course, and using one will save you money on commission fees.
Let’s explore the pros and cons of this convenient but potentially expensive prospect. ... Work with an experienced local agent: A real estate agent who knows your local market inside-out will ...
Flat-fee real estate agents charge a seller of a property a flat fee, $500 for example, [11] as opposed to a traditional or full-service real estate agent who charges a percentage of the sale price. In exchange, the seller's property will appear in the multiple listing service (MLS), but the seller will represent him or herself when showing the ...
Agent commissions: If you use a real estate agent to sell your home, as most sellers do, you’ll be on the hook to pay a commission, typically between 2.5 and 3 percent of the home’s sale price ...
Pros and cons of multi-family homes Pros. ... A local real estate agent can help with this, and may be able to help you find investment opportunities in your area as well.
Since the agent is representing the buyer, not the seller, the seller may hire an attorney to review the transaction and ensure all required disclosures are made. Flat-fee and hourly home selling. Alternatively, a home seller can either pay a flat-fee or hourly fee to a real estate agent. This can be a one time payment, or an ongoing hourly ...
A buyer’s agent represents a homebuyer in a real estate transaction, while a seller’s or listing agent is responsible for the seller’s side, including pricing and marketing the home. Many ...
The real estate agent and the homeowner will decide how much to list the house for. However, the lender gets final say in what offers are accepted. ... Like any real estate purchase, the pros and ...
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