Home Selling in 32818>Question Details

Mary G., Home Seller in Orlando, FL

use a discount broker or realtor

Asked by Mary G., Orlando, FL Fri Feb 4, 2011

Help the community by answering this question:



Obiously as a full time realtor I would denitely suggest to go with a realtor rather than the discount brokers. But it really only depends on what you want and what is best for you. Make sure you interview the person who is going to sell your house carefuly (wether it is a full service broker or a discount one). One thing for you to think about if you go with a discount broker is that all you are really paying for is for them to put it on the MLS and maybe REALTOR.com if you are lucky. They do not pre-qualify the people that come to your house to make sure they are serious buyers or make sure they qualify for a loan before they present an offer for your property. Also the showings, with a discount broker you have to be home to let your prospective buyers in the house. You do not know anything about the people that you are letting in the home you can't really go away. You need tobe available at a moment's notice to let buyers into the house. With a full agent or broker, we would lnstall a lock box for agents with other realtors to come see your property when you are not available; or if you prefer, we can also be present when a showing takes place. With a discount brokerage, any sort of advertisement that is done, any expenses for an open house, mailings and such; it will be your responsability and any expense would have to come out of your pocket. With a traditional Realtor, yes you do pay a comission, but we handle all of that. We can continually update you in market conditions and be there fore you every step of the way. If for any reason we don't sell your home; we don't get paid .

Please call me to discuss the matter further. I just want to make sure you are happy and have the info you need to make an educated decision. No pressure.

Camille Ruiz
Realtor, Watson Realty Corp
Cell: 407-929-4632
Fax: 352-243-4166
Email: Camille@propertiesbycamille.com
Email: Camille@watsonrealtycorp.com
Web: http://www.propertiesbycamille.com
0 votes Thank Flag Link Wed Mar 2, 2011
Mary G.,

At the end of the day you need to weigh the pros and cons of all situations at hand. You are the one selling your home, you should interview all types of agents to see who will provide you with the best service. You need to know what you are getting with your listing agreement, have them explain in detail what they are going to do to get the most money for your home in the quickest time frame.

Each market is very location sensitive, especially in 32818. I have a listing in this area currently and we are very aggresive due to the large number of competitors, homes listed. If you want your home sold you need someone or a company that will help you stand out!

Best of luck, if you have any other questions please feel free to contact me!

Jeramie Vaine
Web Reference: http://www.jeramievaine.com
0 votes Thank Flag Link Sat Feb 5, 2011
Hi Mary,

It's probably okay to go with a discount listing broker as long as you take certain steps to make sure you're marketing your house correctly. 1) Pay $350 to a licensed appraiser to help you set your price 2) hire a stager to give you advice about decluttering and decorating your house 3) hire a professional cleaner to come in once a week so buyers would feel comfortable eating off your floors and counters!

Make sure your listing is in the MyFlorida Regional Realtor MLS system (some out of town discount Realtors are not members so your listing may not appear) and that your realtor pays for enhanced marketing on Realtor.com so they can provide a virtual tour, multiple photos and a creative description to "pre sell" your home to buyers.

I wouldn't recommend discounting the commission offered to buyer's Realtors or they may be less enthusiastic when showing your house to prospective buyers.

Also I wouldn't go with a well known discounter or it's possible your property will automatically garner fewer showings.

Hope this helps.

0 votes Thank Flag Link Fri Feb 4, 2011
Hi, Mary,

You are asking the wrong question. The only number that makes any difference to the seller is the NET proceeds at closing. It doesn't matter what your agent charges, if that NET number is the highest. Check your potential agent's sales price results compared to other recent same neighborhood sales. If they charge you less, but sell your home for less, you lose. Ont the other hand, if they get top price, they may be worth a full commission.

One might question the wisdom of hiring someone to negotiate the sale of your largest asset whose first negotiating strategy is to lower the price. If they are that quick to give away their own money, how much quicker will they be to give away yours?

Good luck,

Doc Stephens, REALTOR
Web Reference: http://TellEllen.com
0 votes Thank Flag Link Fri Feb 4, 2011
Yes! We are #1 in a #2 business.
Discount + Flat-Fee Real Estate Services ~
Hybrid-MLS ~ Buyer Rebates and Incentives.

Web Reference: http://www.hybridmls.com
0 votes Thank Flag Link Fri Feb 4, 2011

Typically, when buying or selling- it is recommended that you have a pro on your side + a good RE attorney.

Many people like to and want to
Web Reference: http://www.hybridmls.com
0 votes Thank Flag Link Fri Feb 4, 2011

Ask the following question If you are considering using a discount broker.

Has any discount broker ever held a number one position for sales volume in any major market for more than a year?

I bet they don't answer the question directly.
0 votes Thank Flag Link Fri Feb 4, 2011
Good Afternoon Mary;
Do you have a question about this?
Web Reference: http://www.321property.com
0 votes Thank Flag Link Fri Feb 4, 2011
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