Most home sellers believe that Realtors are overpaid. My fee schedule proves it.
Sellers – click here to see how easy it can be to sell your house.
Work with me and you can save a lot of money:
- Save $12,000 selling a $500,000 house (with buyer broker involved). Listing brokers normally charge 6% (plus junk fees) to sell a house and split their fee 55/45 with 45% (2.7%) going to the buyer broker. If you don’t offer money to buyer brokers, your house would likely be boycotted by Realtors.
- Save $25,500 selling a $500,000 house(with no buyer broker involved). You don’t have to pay 2.7% to a buyer’s agent. You get to “hog” the buyer broker commission, not me.
- Save $17,250 selling a $750,000 house (with buyer broker involved).
- Save $37,500 selling a $750,000 house(with no buyer broker involved).
- Save $23,500 selling a $1,000,000 house (with buyer broker involved).
- Save $50,500 selling a $1,000,000 house(with no buyer broker involved).
- Save $58,000 selling a $2,500,000 house (with buyer broker involved).
- Save $125,500 selling a $2,500,000 house(with no buyer broker involved).
Realtor selling tools are mostly automated. Listing agents do very little work to sell a house and few are qualified to engage in legal negotiations. Scheduling appointments with other agents is completely automated and is done through automatic texts to the clients. Open houses and fancy brochures don’t sell houses. I’ll put your house on the MLS, Zillow, Trulia, Realtor.com and nearly every brokerage firm’s website for free (I only charge for my legal services). I only get paid if the transaction closes. If you back out of a transaction with a Realtor, they can still come after you for a commission (and often do). When you work with me, you get a lawyer helping you negotiate your transaction all the way up to closing for far less than a Realtor. And unlike Realtors, it is illegal for me to practice dual agency. Realtors do it all the time and that means that they are legally prohibited from advocating, negotiating or providing advice that may be detrimental to either party.
No Hogs Here
If the buyer doesn’t have a Realtor, brokerage firms still charge you the buyer broker fee. Listing brokers “hog” the commission meant for the buyer broker. I don’t do that. My fee stays the same. The savings is passed on to you. Because of this “hogging” practice, brokerage firms have a huge financial incentive to limit the marketing of your house to increase the chances of hogging both fees. Brokerage firms could not be more financially misaligned with their clients’ interests. “Coming Soon” (also known as pocket listings) are one example. Another example is when firms intentionally don’t list your property on Zillow, Trulia and Realtor.com.
Sellers Should Not Be Forced to Pay 2.7% to Buyer Brokers.
If buyers paid for their own broker, many buyers wouldn’t hire one and you could save 2.7% of the cost of selling your house. Unfortunately, the system is rigged and if we don’t offer money to buyer brokers, you can expect to have your house boycotted by Realtors.