How does the Flat Fee/Commission Structure Work?
As you know, offering a commission provides incentive for Realtors to work harder in finding you a buyer. Traditional real estate companies charge as much as 7% of the sales price to sell a property. Typically, they offer 50% of the commission to the Realtor representing a buyer. Our structure is designed to provide more incentive for the Realtor that finds the buyer for you. Should you decide to offer a commission, 70% (not 50%) of the commission will be provided to the Realtor that finds you a Buyer. Therefore, you could offer a much lower commission and the Realtor representing the Buyer would receive nearly the same as if they were receiving 50% of a much higher commission amount. We are discounting our side of the commission in an effort to help you save your hard earned profits. Even if you save 2% it may be a substantial saving. For example, 2% of a $250,000 home represents $5,000 in savings. This optimal commission structure provides adequate pressure for all Realtors, includin