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Flat Fee Realtor or Discount Realtor – Which is better?

Topic: Real EstatePublished June 11, 2012

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There are a lot of options available to choose from in buying and selling in the real estate industry. Many sellers opt to go the for sale by owner route because it saves time and money because they don’t have to worry about commissions and finder’s fee; and they have their own option on where they want to advertise. Some sellers like to have their “for sale” properties be advertised in the list in mls or flat fee mls. Some sellers even go for an ala carte deal with real estate brokers or even flat fee realtors because they know that brokers or realtors have all the knowledge on paper works, and on how their property will be assessed and presented to a prospective buyer.

Most sellers who go for sale by owner have their properties advertised in flat fee mls or list in mls to capture potential buyers. But if a seller, whether he is into for sale by owner or not, chooses to have their property advertised in the list in mls or flat fee mls, and wants to deal with a broker, it is highly recommended to deal with a flat fee realtor than with a discount realtor. The reason is because a discount realtor works for the best interest of both the owner and his property while the flat fee realtor can make a difference with the owner’s selling experience.

If the seller or the owner decides to go for a discount realtor, one of the most important steps one should do is to verify the realtor’s background. Another important step is to check if the realtor is legal or registered to transact on anything related to real estate and must have a valid license. These are important to make sure that the realtor has the relevant experience in closing a deal. It is also important that the realtor should be easy to work with since selling a property means serious business.

Flat fee realtors will have the property posted and look for possible buyers shortly after given all the necessary details. While discount realtors transact with over hundreds of potential customers on a daily basis which gives them an advantage because they have the needed expertise to assess and compare the property for the best market price, flat fee realtors give the best price for the property and the seller or the owner has the option to go and do business with a discount agent to make the best deal for the property. For more info visit http://www.ownerama.com/

Article author

About the Author

Jim Con is a shrewd consumer who writes about personal finance and real estate topics like: for sale by owner, list in mls, flat fee mls, discount realtor .

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