Thursday, March 12, 2015

The Benefits Of A Low Fee Broker




The benefits of a low fee broker for people selling their homes are well-known -- namely, lower commissions. But there are clear benefits for agents as well.

Potential for more business
Though you may be getting lower commissions for each sale when you work for a low fee broker such as Homes and Equity Real Estate Group, you have the potential to get more clients because many people who sell Bellevue real estate want to keep as much of their sale price as possible.

Less work
Low-fee brokers are able to accept lower commissions because they keep their costs lower by offering fewer services to those selling Bellevue real estate. People who use low fee brokers to sell their homes may be responsible for more of the marketing and may even have to do their own showings. This requires less work of the agents, which allows them to spend more time drumming up business or doing other things.

Lower costs
Because the low fee brokerage keeps its costs low, that cost savings gets passed on to the agent. Depending on the brokerage, agents may be responsible for some or all of their own costs when marketing Bellevue real estate, so the less they have to do, the less they will spend. Also, doing fewer showings or open houses can cut down on gas costs and staging expenses.

Lower expectations
People trying to sell a home can have unreasonable expectations of their agent, but those using a low fee broker such as Homes and Equity Real Estate Group may have a more reasonable view of the process. This can make trying to sell that particular piece of Bellevue real estate less stressful.

Overall, while commissions may be lower, there are other definite advantages to working for a low fee real estate broker, and it's something agents may want to consider.