Dissimilarity between full service agent and a discount agent
FULL SERVICE REALTOR
1. Listing on MLS
2. Exposure to internet.
3. Networking of office agent .
4. Helping in relocation.
5. He will be more motivated if the commission paid in full.
6. When the service is good then the reputation would also be good.
7. Pre-qualifies purchasers.
8. Complete support of the team.
9. Representing you all through the buying process.
10. Full-time broker.
DISCOUNT REALTOR
1. Exclusive or MLS listing
2. Potential for exposure to internet.
3. No networking of office agent.
4. No seeking out of buyers.
5. Sale of ‘discounted properties’ plan approach.
6. Less commission means:
- Less support.
- Less representation.
- Less showing.
- Least motivated.
7. Brokers usually work part-time.
Breaking down the commission charged by realtor:
Regardless of whether the broker is a full time or a discount broker, it is very important that you find out the way in which the rate of the commission would be broken down. Do this prior to signing any documents. You seriously need to understand this because we feel that it is of utmost importance whether your realtor is going to pay another realtor to sell the property to you. If a realtor is reputed and trustworthy then he will agree with us.
In more than ninety-five percent of properties that are listed and sold, you can safely assume that the listing agent is not the selling agent. Thus, if you are paying 3% to the discount broker, how many percent is he paying to another agent to sell the property? The answer isn’t easy and you must be certain that you have the answer from them written in a piece of paper. Why should you do that? The reason is that other agents show your house to potentials buyers not because it is beautiful but because the agents will be paid a certain part of the commission.
Let us assume that the market pays 0.5-1% commission to the selling agent. What percentage do you think the listing agent will get? Definitely not a lot! The listing agent will list your property and put it in MLS but you will discover that selling agent only get .05% or nothing. Now why do you think the agent will show the buyer around the property? What will they get? Nothing!
Thus, it is vital that you work with good agents in order to market your property and to pay a very less commission ranging from 2-3%. In fact, an aggressive agent will pay more than the market rate at present. This way you can get numbers of agents!
You will get the best deal if you work with best agents. We concentrate on getting you near the ‘discount’ commission level and without put at risk he sale of your property. Ultimately, you will obtain what you pay for.
In what ways will aggressive agents save your money?
Aggressive agents can have direct access to more than hundred thousand of the leading realtors. We will represent you as an expert consultant for the purpose of negotiating and offering you direct contact with realtors who would give you best services with minimum commission.
This way you can not only have access to realtors but you can also utilize our knowledge to discuss minimum commission and save your time. We all know that time is cash and knowledge has no cost. With aggressive agents you will be able to get in touch with top realtors who would sell your property for you rapidly and offer different types of services.