Most real estate agencies charge sellers a percentage of the sale price, typically 3%, at settlement. Flat fee brokers charge a much lower (but non-refundable) fee, up front. With flat fee, Sellers receive many of the services that they would get from a full-fee broker, but do some of the work of selling the property themselves.
For most property sellers flat fee brokerage makes a lot of sense (and savings). However, if you have a very unusual or hard-to-sell property, or don't want to assist in the sale of your property, you may benefit from having traditional full-fee representation. Realty Five Hundred can provide excellent full-fee representation through our affiliated company. Call us to dicuss which option is best for you.
You must decide how much commission you want to pay to real estate agents who bring you a buyer. We recommend 2.5-3% so that your property is on an equal footing with most other properties listed for sale. However, you may offer buyer agents a fixed dollar amount commission or no commission. If you find your own buyer you do not have to pay any commission other than the initial $500. The choice is yours. Of course, you are also responsible for payment of any seller closing costs or other negotiated costs which are charged to the seller in your contract of sale agreement.
There are other flat fee brokers. Most charge much more, or are located somewhere else in the country. Realty Five Hundred is a local company in Lancaster, PA and is readily available to assist in selling your home. Owned by John Christman, a broker with over 20 years' experience in real estate sales, you can count on personal attention and friendly service when selling your property.
We serve property sellers in a wide area of south, central and eastern Pennsylvania. Specifically, we help sellers in the following counties: Adams, Berks, Bucks, Chester, Cumberland, Dauphin, Delaware, Franklin, Fulton, Juniata, Lancaster, Lebanon, Montgomery, Perry, Philadelphia, Schuylkill and York.
Contact us by phone or email, and we will happily answer your questions.
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