Flat Fee Broker vs. Realtor – What’s the Difference?
If you’re thinking about selling your Austin Texas Home you most likely will have encountered several ads by now from flat fee brokers. A flat fee broker is someone who will offer to list your home on the Multiple Listing Service (MLS) for $500 but is there a catch to the level of service that the offer? Yes.
In this article I will break down the difference between a flat fee broker vs. a Realtor® just so you will know what to expect if you plan on hiring one or the other to sell your home in Austin or the surrounding area.
What Should You Expect from Hiring A Flat Fee Broker?
One of the biggest motivations that home owners have for hiring a flat fee broker is to save money but what’s the catch when it comes to choosing this option for selling your Austin Texas home?
When you hire a flat fee broker you can expect no service from them other than them listing your home on the MLS. That’s right. This means all of the phone calls from prospective buyers, arranging tours of your home, disclosures, negotiation and eventually signing paperwork will have to be done by you unless you specifically ask them for more services.
Although some people think hiring a flat fee broker saves money, the reality is that it rarely does because, the Austin homeowner spends a ton of time showing their home to buyers and often sells their house for less than what it’s really worth.
Hire A Real Estate Team Instead
Ultimately the decision to hire a flat fee broker vs. a Realtor® is your own but the reality is that if you want the highest level of service possible you should choose a real estate agent because, a licensed Realtor® will provide you with excellent service including:
- Suggestions for staging and de-cluttering your home.
- Take high quality pictures and video for marketing your Austin home online.
- Marketing your home on all real estate websites online so it gets the most traffic possible.
- Taking phone calls from interested buyers.
- Scheduling tours of your home.
- And so much more!
Sell Your Austin Texas Home
To learn more about the full suite of services that I can offer you to help you sell your ATX home contact me at (512) 944-7378 or click here to connect with me online.