Most real estate buyers and sellers are familiar with traditional realtors and brokers that work for a percentage-based commission. However, due to exponential growth in technology and market changes, there is a growing trend towards the alternative of a fixed price realtor, or flat fee real estate broker. In this case, a flat fee indicates an established, fixed charge paid by a client to their broker for listing and selling property. This eliminates real estate brokerage and commission charges based on a percentage of the property’s sale price.
It’s essential for those with Arizona homes for sale to understand their options, whether that means traditional commission-based realtors to sell home by owner or flat fee agents. Ideally, your experience in successfully selling your current home and finding your next one should be easy, simple, and positive—the lowest amount of stress for the highest amount of return on your investment. If you are looking to sell your Arizona home, we are here to provide straightforward information about flat fee real estate brokers as a smart and beneficial solution to your buying and selling needs.
The Impact of Technology
The real estate market, like most businesses, is adapting to rapidly evolving technology that has impacted the environment–especially in terms of sales. As a result, the real estate market is moving away from full price agents to fixed fee real estate brokerage and transactions. Buyers have instant online access to available homes, making it easy to search for listings and other information such as photos, established histories, market values, and other important details. Sellers no longer require big-name companies with high overhead and over-priced commissions to list and sell their homes in Arizona, when flat fee MLS listings are available and just as effective.
It’s a Seller’s Market
There is no doubt that Arizona real estate is currently a seller’s market. This is especially true in the Phoenix metro area as well as Tucson, Sedona, and Cottonwood. Across Arizona, property for sale has increased in value over the past 12 months, and home prices are expected to rise at a continuous pace for the foreseeable future. This is, in part, due to high demand for houses in Arizona as the number of active listings remains low. As a result, homes spend an average of just 25 days on the market, making flat fee agents a logical choice for sellers. https://azbigmedia.com/category/real-estate/
Benefits of Flat Rate Commission Real Estate
Flat rate commission real estate is the same as buying or selling a home through traditional agencies. However, with a flat fee brokerage, the transaction is done for a set price paid by the client. This eliminates paying a percentage-based commission for buying or selling a home.
With a flat fee broker, there is no need for negotiation. The flat fee allows for transparency and peace of mind since there is an upfront, established price rather than a sale’s price percentage and commission involved. In addition, clients still receive full services with their flat fee listing agent, including photographing, marketing, and showing the property as well as screening and negotiating with potential buyers and drawing up paperwork for transactions.
The Listing Pad
At The Listing Pad, we believe in dealing with and representing clients directly as owners and brokers of our family business when it comes to houses for sale in Arizona. We work for you to provide expert, attentive real estate experience for a low flat fee. www.thelistingpad.com
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If you have questions about buying, selling, or just want to chat about market conditions, please reach out. We love what we do.