What’s the Difference? Aren’t All Real Estate Agents the Same?
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Nooooo! Traditionally, a homeowner signs a listing agreement with a traditional real estate company. The home is placed in the multiple listing service (MLS). A sign is placed in the yard, maybe even a flyer box. The agent may also have additional pieces to their “marketing program”, such as placing the home in a real estate magazine, holding an open house, or even a website that advertises the homes listed by that agent or company. In the end, when the home actually sells, the real estate company is paid (typically) 6% to 7%. For instance: If the sales price is $200,000, the typical commission paid to a traditional real estate company would be $12,000 to $14,000. Even if your traditional real estate agent doesn’t actually sell your home, but the buyer is brought by an agent from another company, your agent would still typically take home ½ of the total commission. Using the $200,000 sales price, that’s $6,000 to $7,000 in commissions!
Let’s get to the point!
WEGORealty is NOT a traditional real estate company!
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