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Updated over 4 years ago,
Flat Fee commission Selling (Rex) Vs traditional MLS Selling
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?