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Transaction Brokers!!!!! vs Full Service Brokers - written by Audrey Dooley

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Real Estate Agent with NEXTHOME Real Estate Executives

Transaction Brokers!!!!! vs Full Service Brokers

We would like to explain the difference of the above two brokers.  At the moment there is an outfit actually, many outfits that encourage you the homeowner to list your home for a certain fee (paid up front) in order for your details to be posted on the Multiple Listing Service of your area.  This practice is so out of touch with the realities of sales that it is a shame that using a transaction broker you the seller are hoodwinked into thinking you have the same chance of selling as your neighbor that listed with a full service broker.

Selling your home is a very complicated thing!!!First, you would hope that everyone looking at your home is actually being represented by an agent, if not just for the fact of qualifying that buyer.  The agent showing the home will have already spoken to the listing agent and got some feedback as to how motivated you the seller are.  The full service agent can talk to the buyer, spend some time with the buyer and ask questions  of the buyer so as to determine if you the seller will ever get to the closing table with this buyer.  Using a full service broker cuts out all the time wasters, the bargain hunters,the low ballers and the buyers that can tie you up for weeks with an uncertain contract, with uncertain terms.  What about the deposit?  Who is going to hold the money and who is going to walk through the inspections with the buyer and negotiate or broker the repair list.  

Research has proven that most buyers begin their search on the internet but the majority of buyers end their search and use a Realtor for their offer and purchase.  The full service Realtor can ensure that the seller is getting fair market value, not by using towns assessments but under contract prices and recent sales.  The full service Realtor can also prepare the buyer for unseen problems/help and negotiate certain items for repair and ensure that repairs are completed before closing/or obtain a fair credit at closing.

Afte you have seen a home in your desired neghborhood, WHO ARE YOU GOING TO CALL, A REALTOR OF COURSE!!!

Comments (1)

Charles Stallions
Charles Stallions Real Estate Services - Pensacola, FL
850-476-4494 - Pensacola, Pace or Gulf Breeze, Fl.

Full time vs Part time, there are as many good agents on both sides as well as bad agents. Here it is an ego thing.

Apr 27, 2010 03:27 PM