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Pros of Flat Fee Real Estate Agents
The most common and long existing method of paying an agent in a real estate transaction is the one that the cost is calculated from a percentage of the price in which the property is sold, but there is a new and less common way that is called the flat fee method, in which the agent is compensated using a price that entails every cost and is calculated before the sale is made, hence avoiding unfeasible commission structure on the side of the real estate agent, but it is also beneficial to the seller as it can be proved by the discussions in the following advantages.
The first benefit si that you will get to pay for less hence incurring less costs when you use the flat rate method as compared to the percentage commission method, and this comes into play because you avoid some extra costs that you would incur with the latter, like paying for the agent of the buyer because you only pay for access to the MLS, which is necessary to connect you to the buyer and the best method to use when deciding the payment would be the pay per day model, which calculates the payment you owe to the agent on the number of days that your house has been listed in the MLS, meaning that a fast sale would guarantee you more savings, unlike in the other method which only considers the amount of sale you make without considering the speed.
Moving on, the other benefit of this method is that it requires from you less commitment as compared to when you go for a full service agent whereby you are free to fire the agent if there are disagreements, no results, bad advice, or low attention to your needs before the house is sold because you are free to do what you want when you pay the price you owe the agent, unlike is the case with the full-service real estate agents where you sign an agreement that has terms and conditions that lock you into that agreement until you sell your house.
Lastly, with the flat rate agents, you pay for the services you need unlike the full real estate agents who have a comprehensive well-structured list of duties that you may not need including listing your home to MLS, printing marketing brochures, marketing your home to other agents, advice you on how to stage your home for sale, track showings, place an agency sign on your yard, scheduling for photography, arranging for inspections and negotiating repairs, walking you through the contract of selling, managing and scheduling open houses, which is not the case with the flat rate agents who have fewer services and hence low costs hence eliminating the services that you do not need.

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