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Home >> Real Estate

Discount Real Estate Agents - Could They Be Worthwhile?
By: Adam Waxler

It does not matter if you are buying or selling real estate, it is always the best idea to have a realtor at your side. A Realtor can help you with the process and make sure that the sale goes successfully for everyone involved. These days, though, many individuals try to find discount real estate agents in an attempt to save money. The question is, "are discount real estate agents really safe?"

First of all, you need to know while looking for a realtor is that the percentage the real estate agent is going to charge you is NOT usually negotiated. Many real estate businesses just will not let their agents to cut their commission. Yet, there are a few brokers will not only allow agents to cut their commission, they actually encourage it. Just how much that they're prepared to negotiate, though, will vary from agent to agent. It is usually advisable to try and save some money however you must not do so at the chance of losing some of the quality along the way. Discount real estate agents are definitely available and you can negotiate a bargain in many areas however you should also make sure that you have someone who will work hard for you as well as make sure that the transaction goes well.

One thing you need to do if you're selling your house is have it placed on your regional MLS. It is estimated that practically 90% of all home sales in the United States happen through an MLS listing. Discount real estate agents will surely be able to list your house for you. However, if that's all they will do then you might as well use a one-time flat fee listing service. A flat fee service can save you much more money. On the other hand, if you are looking for more than that, if you need a person who will also be working for you the entire time to help find qualified people to view your house and to get it sold soon then you must pay some commission. If you can get a realtor that's prepared to cut half their share of the commission you are in very good shape. A normal commission for the selling real estate agent is 3%. Therefore if you're able to get the agent to cut the commission by 1.5% then you save yourself thousands of dollars.

Should you be purchasing a house the situation is a bit different. Considering that the buyer is not the one paying the commission you may think a discount real estate agent wouldn't be necessary. However, buyers can also get discount real estate agents that offer part of their commission back to the buyer at closing. If you're purchasing a house and the agent is willing to give you 1% back at closing you can wind up receiving a check for several thousand dollars at closing. A few thousand dollars would certainly make a nice house warming gift for anyone.

Either way,if you are buying or selling real estate, discount real estate agents can save you a lot in the end.

If you are seeking discount real estate agents within the Sarasota region that will save you thousands of dollars in real estate commissions then you should definitely contact uKeepCommission Real Estate. Simply visit www.uKeepCommission.com or call 941-465-9207

Read More From Adam Waxler

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