How much will I save with your flat fee MLS service? | BuySelfRealty.com

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BuySelfRealty.com

Highest Rated Flat Fee MLS Listing Service
BuySelf, Inc., Real Estate, Flat Fee MLS Listing Home Sales,Bloomington, MN

How much will I save with your flat fee MLS service?

How Real Estate Commissions Work when Selling

 

Traditional Real Estate

In a traditional real estate transaction, you would pay an average of 6% commission at closing to your agent. For a $200,000 home, that's $12,000 of your equity!

If the buyer also has a real estate agent, this 6% commission is traditionally split between your agent and the buyer's agent. Note the full 6% commission must be paid, even if you find the buyer for your home, such as a co-worker, friend, or relative. That's a lot of money. In a few high price areas and upper price ranges, commissions around 5% have become common, with a 2.5% buyer agent commission (also known as co-op, split, selling commission, etc.)

Listing with Buyself

With a flat fee listing, instead of paying that 6%, at listing you pay just a low flat fee that averages around $399 to $499 depending on your area.

When your home sells, one of two things happens:

 

  • If your buyer has an agent: Instead of paying a high commission of 6%, you pay a much lower commission, usually around 3%. This commission can be set by you and varies between 2-3.5% depending on your area. Looking at that same $200,000 home, that's a savings of $7501 or more, minus the normal closing costs!
  • If your buyer does not have an agent: You just saved even more, because there is no selling commission, just the normal closing costs. For the same $200,000 home, that's a savings of $11,501 or more, minus the normal closing costs!

 

 

Saving Commission when Selling a Property with BuySelf
Property Sale Price Savings with BuySelf Realty Traditional Broker 6% Commission Buyself Broker - Property Sold by Buyer's Agent (avg. 3%) Buyself Sale with No Buyer's Agent Involved (no commission)
$100,000 $2,601 to 5,601 $6,000 $3,000 + $299-499* $299-499*
$200,000 $5,601 to 11,601 $12,000 $6,000 + $299-499* $299-499*
$300,000 $8,601 to 17,601 $18,000 $9,000 + $299-499* $299-499*
$400,000 $11,601 to 23,601 $24,000 $12,000 + $299-499* $299-499*
* Average Listing fee paid prior to listing, see service page for your area for exact amount.

 

It's your equity. We help you keep it.

 

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