How to Make the Most of Your Real Estate Broker Commission?


Posted July 22, 2020 by ricklopez

A real estate broker commission is the commission that you have to pay upon the successful closure of a property deal.

 
A real estate broker commission is the commission that you have to pay upon the successful closure of a property deal. If you are a seller, it is the money that must be paid to the seller’s agent that you have hired. How to ensure that you are getting the maximum value out of every dollar that you will be paying? Here are some tips to help you.

Know about his network

It is a good idea to have a clear talk with the real estate agent, and find out beforehand about the kind of network that he has. Can he refer you to various real estate lawyers in the region, arrange a property inspection, get the services of property repair professionals etc? A good network can help you a lot, as you will not have to bother to scout and hire these people individually.

Find out about his process

It is also important to know about the process that will be used by the professional, so that you can be assured of how your home sale would be advertised and dealt with. It is essential to know whether your home would be listed on the MLS as well as on other platforms, so that you can get your property sold off faster.

Get him hire an expert appraiser

It is a good idea to have the professional hire an experienced appraiser who can determine the market value of your home and let you know whether your home deserves a higher or lower sales price than other Sudbury homes for sale. That way, you will know how much commission the agent deserves from the closure.

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Issued By Rick Lopez
Country Canada
Categories Real Estate
Tags real estate broker commission , sudbury homes for sale
Last Updated July 22, 2020