Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago,

User Stats

7
Posts
0
Votes
Brian OMahony
  • Flipper/Rehabber
  • 07728
0
Votes |
7
Posts

Flat Fee commission Selling (Rex) Vs traditional MLS Selling

Brian OMahony
  • Flipper/Rehabber
  • 07728
Posted

I am a big advocate of partnering with a real estate agent to both sell and find deals. With the impact of COVID-19, I am now starting to question a flat fee selling commission vs the traditional MLS 4.5% to 6% real estate commission process. In the Northeast, buyers are utilizing more virtual tours vs personally seeing homes on their first or second evaluation. I am also seeing realtors do less open houses. Has anyone utilized Rex Real Estate (2% flat commission, rexhomes.com)? Any cons? Did this prolong your selling timeline? I have significant trepidation of not putting a house on the MLS, but the savings is tens of thousand of dollars per deal. Thoughts?

Loading replies...