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Flat Fee or Reduced Commission - What Are You Really Saving?

8/18/2010

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I've spoken to numerous home owners that spent months if not years trying to sell their home after bouncing around from Realtor to Realtor, and often a large part of what they were concerned with was saving 1 or 2% on the real estate commission. 

Now, the commission is surely the largest expense of selling, but I always ask these sellers this:

'By listing with a Realtor that agrees to cut their rate 1%, what are you saving when they don't sell you house after 6 months?  You are saving exactly 1% of zero - nada!  Plus, you have wasted your most valuable marketing time while you days on market (DOM) have risen - often stigmatizing your property.'

Not to mention that a properly exposed & marketed home will help sell a home for more - far exceeding any marginal reduction of commission.  So, before you focus on potential 'savings' - think about the cost of not working with someone that will earn their commission and get you a faster result and higher sales price.

By Zane Gerringer
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    Zane Gerringer, Greensboro Realtor

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    I'm Zane Gerringer, and I work full time as a Realtor in Greensboro, NC.  I believe owning a home and investing in real estate are essential in building a secure financial future for your family.  I love representing both buyers & sellers, and I want you to make smart real estate decisions in the Triad!

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Zane Gerringer 
Real Estate, Inc.


Zane Gerringer, ​Broker in Charge
info@zanegerringer.com
336-697-6675
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By Zane Gerringer
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  • Home
  • About
    • Zane Gerringer
    • Testimonials
    • Meet the Team
  • Search Homes
    • Search By Map
    • Search By City
    • Search By Address
    • Neighborhoods
  • Buyers
  • Sellers
  • Services
  • Contact