Many Virginia home buyers and sellers worry about the costs of working with a real estate agent. Standard commissions can be high. However, buying or selling a home on your own can be daunting. That is where low fee agents in Northern VA can help.
This post will cover some advantages of working with low fee real estate agents in Northern Virginia.
Reasons to Work With Low Fee Agents in Northern VA
Cut the Cost of Buying and Selling
Most home sales will have a commission of 5% or more. That means you’re looking at a commission of at least $25,000 on a home that sells for $500,000. However, low fee agents will do the work for less. Depending on how the agent structures fees, the savings could easily be in the thousands of dollars. For a buyer, you can get some money back to cover closing costs, moving expenses, or renovations. As a seller, it means you keep more of the money in your pocket from the sale of your home.
Find Your Home Without an Agent
Low fee agents open the possibility of doing more of the work yourself. For example, you could search for a home without an agent. You may already know the home you want to buy. That said, you might not be comfortable arranging contracts or negotiating. With low fee agents, buyers can find homes independently and then hire the agent to close the deal.
Assistance With FSBO
Many sellers want to go the for sale by owner (FSBO) route to save money. While it will cut the cost of agent commissions, you will also miss out on agent services. With a low fee agent, you can sell your home independently but still get some professional assistance. For example, you could pay a low fee real estate agent for an MLS listing. They also offer various services you could pay for to help you sell your home.
The Advantages of Flat Fees
You might find low fee real estate agents who offer services for a flat fee instead of a commission. Flat fees make it easier to predict costs. Along with that, they can offer significant savings. Let’s say a seller pays a flat fee of $2,000 for a package of services. No matter how much they sell the home for, they only pay $2,000.
Get the Support You Need
Low fee agents give you a nice middle ground between working independently and paying high commissions. They not only charge less for complete services, but they also provide additional savings by offering services individually. It means you can do more of the work to save money while still having options for professional support.
We Save Sellers Thousands!
Are you looking for a low fee real estate agent in Northern VA? Click here to contact our team. We offer a range of low fee services to help buyers and sellers save money.
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