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What do you get for your marketing fee?

By
Real Estate Agent with Atlanta Communities 303302

Here in Georgia, sellers end up paying the listing agent AND the buyer's agent brokerages for the sale of their home. These marketing fees can be substantial based on the selling price of the home. As a seller, have you ever asked your listing agent where all that money goes? You should.

Let's say you are paying $30,000 to the listing agent brokerage upon the sale of your home. You know there are costs that the agent has to bear to be in the business. There are MLS fees, brokerage fees, office equipment fees, gas and maintenance for a car, signs and fliers, and so on. What else?

Is your agent promoting your home the best way possible? How about professional pictures of your home? Or are they using their phone to take dark and fuzzy pictures? Do you get a little slide show of your home or full motion video? How about single property websites for your listing, Homebooks inside the home and full color fliers outside?

There are lots of things that are possible to gain exposure for your home that most agents do not do because it costs a bit more money. My premise is that you are paying a good amount to someone to market your home. Shouldn't your agent be using some of that money to market your home well?

 

Posted by

Peter den Boer, Associate Broker, Realtor

Atlanta Communities Real estate Brokerage

 

Ph. 770.713.1545

www.denboerhomes.com

 

I write about daily life as a Realtor in the Towne Lake Community in Woodstock Georgia.

Comments(3)

Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

Not many sellers have asked me how the commission breaks down although I do go over that

Aug 18, 2016 12:22 AM
Patricia Kennedy
RLAH@properties - Washington, DC
Home in the Capital

This is why I think it's important for sellers to ask the agent for a specific marketing plan and to see the flyers and virtual tours the company and agent have produced for other sellers.  Some of us are worth what we charge.  Others, not so much!

Aug 18, 2016 04:20 AM
Dena Stevens
Rocky Mountain Realty - Canon City, CO
Putting The Real Into Realtor Since 2004

I'm amazed at how many sellers don't even look at their listings. Ever show them what their expired listing pictures look like? They are always surprised at the poor quality. And why don't more agents send the MLS listing to their clients? Makes me wonder 

Sep 08, 2016 04:51 AM