Real Estate Agent
Making Dreams Come True
DRE Lic: 01779308
Consumers are always looking for ways to save money, and paying commissions on a real estate transaction can add up to tens of thousands of dollars. That’s a significant sum for most people, and it’s reasonable to wonder whether it’s worth it to hire a full-service real estate brokerage over a discount or limited-service agency.
It depends on numerous factors, from the market to whether you think you’ll need a little guidance and hand-holding and whether you have a firm understanding of the differences between these types of brokerages.
Full-Service Real Estate Agent
Many aspects of a successful home scale require a bit of an investment on the part of the Real Estate Agent.
What is a Real Estate Agent?
A full-service real estate brokerage is pretty self-explanatory. It does it all, from taking the listing to marketing the property and handling the details of the closing. You'll have access to your agent in times of confusion or if problems pop up, as well as to managers and support staff.
Technically, discount services do the same, but for less money than the commission fees you’d pay to a full-service brokerage. It can be argued that you get what you pay for. Discount brokerages often cut back incurring expenses in certain areas, such as marketing, in an effort to balance their reduced commissions.
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What’s the Effect of the Market?
Homes almost sell the minute they hit MLSs in seller's markets regardless of how they're listed, but some homes don't sell at all in buyer's markets. Buyer's markets exist when inventory exceeds the supply of buyers.
A limited-service or discount brokerage might not be right for you unless you feel confident about doing all this yourself. These brokerages generally won’t go the extra mile, if they even include photos in listings at all.
Few discount brokerages spend money on quality professional signs because they can’t afford them. But good signage is free advertising. Many full-service firms include critical information on their signs:
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Our experienced staff in Divine Group LLC will use all of their knowledge to work alongside you correctly and on time. Contact us today for more information.