Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How is Power One different from other real estate agencies?

0
Posted

How is Power One different from other real estate agencies?

0

Simply put, Power One is focused on saving Sellers money. So how can Power One save me (the Seller) money? Thats a great question. Lets first see how a traditional real estate agency works. Listing Your Property with a Traditional Real Estate Agency If you list your property for sale with a traditional real estate agency, the agency (as the listing broker) will likely require you to pay a specified commission once the property sells. Although real estate agencies dont fix commission rates, you can typically expect to pay 6% of the sales price at closing. To make things more favorable for the listing broker, they will usually require you to sign an Exclusive Right to Sell Listing Agreement. Among other things, this agreement states that you must pay the listing broker the specified commission once your property sells, regardless of who actually sells the property. In other words, even if you find the Buyer on your own, youll still have to pay the listing broker the full commission. EXAM

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123