05/22/05 - Frank's Real Estate Tips

Don't "Discount" Your Sale Price!

As the sale prices of homes have climbed in recent years, so the earnings of successful agents have likewise risen. While commissions commonly range from 5% to 6%, in areas where home prices are particularly high you might find an agent who is willing to negotiate their fee.

However, this is quite a different scenario from "discount brokers" you might find advertising flat fees or lower-than-customary percentages. I strongly suggest that you do your research before seeking such representation.

An agent operating through a discount broker might charge less, but will offer less too. Reduced fees usually means reduced services - perhaps less advertising, or requiring the seller to host open houses. Also be aware that your listing might not be included on the Multiple Listing Service (MLS), where every agent with qualified buyers can locate it.

Everyone wants to save money, but don't skimp on professional fees. Your best bet to save money is to make more money on your sale by using the best representation you can find.

As a full service Real Estate firm we can assist you from the pricing of your home to a complete marketing strategy to the final negotiating of the sale. If you are ready to sell you home at the highest price and with the best service available call my team today - and get ready to start packing!

Frank DiTommaso, Broker
1612 Richmond Road
Staten Island, NY  10304
(718) 667-8000
www.DiTommaso.com