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Updated about 6 years ago on . Most recent reply

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360
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JOAN DICKIE
  • Residential Real Estate Broker
  • La Crosse, WI
110
Votes |
360
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flat fee listing services

JOAN DICKIE
  • Residential Real Estate Broker
  • La Crosse, WI
Posted

Flat fee broker comes in a couple of different types. Most charge a low fee to get your home in the MLS. You have to all the work of showing, negotiating, and completing the transaction. You also have to find and complete your own contracts. If you have completed a few transactions before, this may be an option for you. If you haven't had the experience, I would recommend going with a broker for the first one or two, as a transaction can get complicated sometimes depending on the buyer.

Another type of flat fee is a flat fee for selling if you agree to buy with the agent.

Good luck!

Most Popular Reply

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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
63,156
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42,831
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied

@Bryan L.   Bryan I can't believe you admitted you won't show listings of a flat fee broker or if they are less than 3% BAC... that's really really short sided Un professional and appalling all in the same sentence I would never want you as my agent.... your not  doing the best for your buyer which is your JOB.. its not your JOB to make the most you can per listing its to get your client into the home of their dreams//// I know other brokers with your attitude and it really sucks frankly. 

Which leads me to a funny story... ( Bryans appalling behavior in his sales techniques aside) My wife once showed a listing and sold it to one of our clients and it only had a 1% BAC... She did not realize it until she put in the broker demand.. Now that's a lady who had her cleints best interest at heart... but I just had to meet this guy who not only did low list side but 1% BAC  we hit it off and went on to do a ton of business together that was far more than the one deal we closed. Turned out it was a very tight client they would only pay so much but it was a great property...

For all you BPers out there do not be offended by Bryan's attitude.. and yes would you want this guy as your coach.. Ugh.

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JLH Capital Partners

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