Tuesday, May 16, 2023
Flat-Fee Real Estate Agents
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 Multi Listing Service (MLS), but the seller will represent him or herself when showing the property and negotiating a sales price.[12] The result is the seller pays less commission overall (roughly half) when the property sells.[13] This is because a seller will pay a percentage of the sales price to a buyer’s agent but not have to pay a percentage to a seller’s agent (because there isn’t one –
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