Why It Is Better To Deal Directly With A Flat Fee Real Estate Company?
29283
Finance > Real Estate
Jun 19, 2007
kravenmoore
Why It Is Better To Deal Directly With A Flat Fee Real Estate Company?
With the advent of the internet, many companies have found a niche to market their services. Yes, this is the information age, and people pay for information. In the internet world of real estate, referral companies play that role. Here is how it works. They were lucky to register domain names that they own, Ex. Flat Fee Listing, For Sale By Owner, Sale By Owner, FSBO, etc. If someone types in these names or other names that are similar, their sites come up. These are not real estate companies usually, or not in your state if, they are. They offer for sale by owner exposure with multiple listing options. That is where the local flat fee company comes in. The referral companies are like dating services. They match the seller with the local flat fee company who can list your home. What is the problem here? Some sellers think the national website will sell their home. Low per-cent chance. People are looking more at realtor sites than for sale by owner sites. The second problem is misperception of the seller. They think the referral company is the real estate company. Wrong! They are national referral company's not local flat fee companies. So, what is the problem? The problem is they sell you services and products that you may not be able to use and don't inform you of local rules of the multiple listing and state laws regarding your listing. Some examples, yard signs, in our state of the MLS does not permit a for sale by owner sign in the yard. That is the way it is, period. For sale by owners are the enemy. If you get a buyer in some markets, you must use the listing agent services for additional fees. The referral companies can sell you lockboxes that are not the best to use as far as safety and are not as user friendly for realtors. These lockboxes are not allowed in some MLS's they don't tell you your phone number and address is not in realtor dot com. In some markets, the seller's number is not permitted even in the listing. In some markets, it is not limited services. The agent must be a full service agent to comply with the local MLS's rules, which necessitates more fees. Unfortunately, this miscommunication can lead to hostility towards the listing broker who is trying to help you, but must comply with the rules of multiple listing, state law, and other sites like realtor dot com. Bottom line, Caveat emptor-buyer bewares. Know whom you are dealing with and what you are buying. Go to the flat fee company directly. Cooperation and understanding is the key in getting your property sold. You don't need a referral service to get you listed!
Charles W. Moore, has a Real Estate and Computer background. Bob Mandel a Real Estate Broker in South Carolina, was one of the first to offer discount brokerage. Together they built SCFlatFeeMultipleListing.com South Carolina's premiere Flat Fee & Discount MLS Provider.
send email to kravenmoore
Write a Review
Add to My Favorite
Refer it to Friend
Report Article
Other links owned by this user
Flat Fee Multiple Listing Services give For Sale By Owners, the marketing power of the MLS without paying full price for both sides of the Real Estate Commissions
Category:
Rent To Own Real Estate is a creative selling strategy that allows you to rent and sell any property quickly and receive three paychecks from it.
Category:
It is better to deal directly with a flat fee real estate company instead of a referral company because the referral company doesn't necessarily know the laws in your state.
Category:
You must create rapport with the motivated seller to get him or her to like and trust you or you will not get the deal and they will call another investor.
Category:
Other links at Finance > Real Estate
Sunny Florida, blessed with its beautiful beaches, moderate climate and spectacular landscapes, is one of the most popular real estate destinations in the world today.
Category:
Choosing the right tenant is one of the most important parts of becoming a landlord. You need to understand the kind of tenants you are looking for and also verify their credentials and financial status. The latter is important to know in order to ensure
Category:
Buildings tt use steel components like beams, columns, and steel sheets to build structures instead of using traditional building materials like wood, concrete, bricks are known as steel buildings. Steel buildings are tough, resilient, economical and
Category:
Site Sponsor
Directory Statistics
Articles: 68309
Categories: 501
Yahoo Entertainment
