Why Pay for a Realtor?
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While commissions may vary, we prefer to refer to them as brokerage fees. It’s typically 6% of a home’s sale price and shared between buyer’s and seller’s agents. For instance, our office profits 3% while another agency profits 3%. Oftentimes, we’re asked, “What are Realtors doing to earn that huge check?”
Real estate agents, unlike doctors that are paid by appointment, aren’t paid until we sell a home. For every hour an agent spends with a client, we spend about nine hours on their behalf networking, finding potential buyers, and more. We do a lot behind the scenes.
Not all agents are created equal, either. Since contracts can last for more than six months, we recommend you interview a series of agents to pick the best for you. It’s not different than hiring an attorney or an accountant. You should trust and be comfortable with your Realtor.
If you’re thinking about buying or selling a home in the surrounding area, give me a call or send me an email. I’d be happy to help you!
12 episodes