Emerging Fee-For-Service Option To Traditional Model

Posted on: July 24, 2006 Posted by: Real Estate We Blog Comments: 0

Emerging Fee-For-Service Option To Traditional Model

Consumers who don’t want to pay a commission but still want the services of a real estate professional when they sell their home have turned to brokerage models offering fee-for-service. Fee-for-service models can offer one service such as a listing in the Multiple Listing Service (MLS) or bundled services that would also include a Comparative Market Analysis (CMA), a marketing plan and negotiation of contracts. The seller with a flat fee or an hourly rate for the service selected compensates the brokerage. Extensive real estate information is available to home sellers on the Internet. Technology driven consumers now look to real estate agents to provide technical pieces of the transaction. Fees range for a MLS listing: $250-$750, prepare CMA: $100-$250, negotiate contract $500-1,000.
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Posted on Monday, June 26th, 2006. Filed under: Real Estate Misc, Real Estate Investing

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