Most people aren’t very familiar with realtors and the many differences between them. You can find it more lucrative to sell with a company that offers flat fee real estate in CT, but it’s not without risks. You can also save a lot of money doing this, so it’s essential that you weigh the pros and cons for yourself.
While standard agents wait until the deal is done to charge you , flat-fee companies charge the fees upfront, so they make money whether or not they sell your home. They don’t depend on repeat business or reviews like many traditional real-estate agents, so you must do your research to ensure that you’re working with a reputable company.
How They Work
Flat-fee MLS companies are pretty straightforward. The agent you work with lists your home with the MLS (Multiple Listing Service), and you pay them a flat fee for the work that they do.
If you choose a full-service flat-fee company, you get a wide range of services to help you sell the house. Of course, you get the MLS listing, but you also get professional photos, yard signage, online marketing, lockboxes, scheduling for showings, hosting the showings, negotiations, paperwork, and much more. Some companies offer all of these extra services while some do not. It’s essential that you ask what features are included with the price you pay so that you know how much work is involved on your part.
Flat fee services vary hugely in price. Usually, if the company charges more, it offers more services other than the MLS listing. Therefore, it might be in your best interest to go with the higher price to get more value and help with listing your home, though you should still compare companies to get the best deal.
