In a traditional real estate transaction, home sellers pay up to 6% in agent commission fees. A flat fee for realtors near me can save sellers thousands of dollars and allows them to retain more of their hard-earned home equity.
Flat fee real estate companies charge a fixed fee for listing homes on the local Multiple Listing Service (MLS), a database that is available to real estate agents and brokers. These companies offer the same services as a full-service real estate agent, including a comparative market analysis and home staging advice, but cost much less.
Some flat fee real estate brokers also provide other services, such as home warranty plans and mortgage consultations, in addition to MLS listing services. These firms can help sellers avoid common mistakes when selling a home, such as underestimating closing costs or overestimating their home’s value.
Finding the Best Flat Fee Realtors Near You
If you’re a New York For Sale By Owner looking for a flat fee MLS company, be sure to choose a broker that is licensed and has a good reputation in your area. Some flat-fee MLS companies are scams, and others charge too much for their services. They may claim that you don’t have to sign contracts or pay any Realtor commissions, but once they have your money, they will add on charges for every change you make or extra services you request.
Another option for New York homeowners is to hire a full-service Realtor who will take care of all aspects of the home selling process, from listing to closing. Companies such as Clever Real Estate match home sellers with top-performing agents from major brokerages like Keller Williams, Coldwell Banker, and RE/MAX for a fraction of the cost of a traditional realtor.