There are generally three options for homeowners when they reach the point of selling their homes. They can sell them themselves, they can look toward low commission realtors, and they can go for full service regular real estate agents.
While many homeowners either decide to try and sell their homes without help or go all the way toward full service realtors, the more moderate choice is the low commission realtor, and a number of homeowners have begun to explore this option in recent years. The advantages of this choice will be discussed in detail below.
Perhaps the single most salient advantage of choosing a Denver low commission realtor, and the reason chosen by the vast majority of people who invest in one, is the prices they charge in comparison to regular realtors.
Discount and low commission realtors typically ask for a commission that spans between 5% and 2% of the total sales price of the house. For example, with a home that sold for around $400,000, they would ask for between $8000 and $20,000.
Depending on whether you decided to sell your home through the aid of a regular full service realtor or a low commission realtor, the difference could amount to somewhere between $5000 and $20,000 in additional profit on your end from the sale.
That’s a lot of extra cash to keep in your pocket, and this is why a lot of people turn to low commission realtors when they learn that there are options for selling their homes.
People often wonder why they should not simply try to sell their homes by themselves in order to pocket even more of the total sale price. It is true that selling your home on your own can potentially leave you with more money than what you would be able to get even through a low commission realtor.
However, it is necessary to remember that low commission realtors are still realtors, which means they will still have a much more thorough knowledge of the housing market and how to move within it than the average homeowner.
Similarly, a low commission realtor will also give you the advantage of being able to expose your home to a much greater number of sites on the Internet that provide listings for homes.
You are essentially paying for inside knowledge and experience of the industry, which can be worth much more than you would potentially lose if you hired a low commission realtor to sell your home instead of trying to sell it on your own.
Also keep in mind that homes sold through realtors, including low commission realtors, tend to sell more quickly than homes that are sold by personal homeowners, which is again likely due to the additional experience held by those who work in the industry on a daily basis.
A final advantage of low commission realtors is that they are often likely to pre-screen your potential buyers to make sure they will be able to buy your home, which can save you lots of money and grief in the long run.
In this very competitive market we are currently offering to list your home for 1% this summer. This listing offer includes exposure on the Multiple Listing Service , well taken photos, flyer creation, online search engine optimization marketing and our offline marketing campaigning specifically designed to retrieve top dollar for your home. Please contact us for a comparative market analysis and viewing of your property.