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Rainmaker
2,486,292
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Flat-fee is clear and binding meaning this is all you get for all who agree. Unfortunately, the public doesn't see it that way as over and above kicks in often in this business. Not wise to muzzle the OX to keep it from feeding

Jul 28, 2015 08:58 AM
Ambassador
3,983,773
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

It isn't my style nor do I feel it is in the clients best interest. On the other hand is is free enterprise and to each his own.

Oct 03, 2016 10:55 AM
Rainmaker
111,580
Jeanne Feenick
NextHome Premier - Basking Ridge, NJ
Basking Ridge, Warren, Bridgewater Market Expert

A step along the way to a full listing arrangement ---- step one, plunk a sign in the lawn, step two hire a flat fee broker ----- step three, list and sell with a full service agent and I am here and ready to serve in NJ.

Jul 28, 2015 10:19 PM
Rainer
230,518
Mike Rock
Complete Design - Granite Bay, CA
Granite Bay Luxury New Construction...For Less

there is a model for everything. flat fee isnt really a good model (i dont think) the seller doesnt really realize whats involved. IF there was an appropiate seller, it can work. but that is one in a 100. as richie said, it always involves upselling

Jul 28, 2015 11:04 AM
Rainer
65,474
Evelyn M Epperson
Coldwell Banker Residential Brokerage - Johns Creek, GA
A Tradition Of [Excellence, Trust & Service]

We have Duffy Realty for a flat fee of 500.00 plus 250.00 for the MLS fee.  You can be in the MLS.  The seller negotiates the contract and can even write the contract.  The flat fee does nothing expect but the home in MLS.  I do not think much about these companies as they do not help the seller.

Jul 28, 2015 10:19 AM
Rainmaker
5,511,473
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

I prefer traditional commissions to provide the needed incentive.

Jul 28, 2015 07:06 AM
Rainmaker
548,067
Eve Alexander
Buyers Broker of Florida - Orlando, FL
Exclusively Representing ONLY Orlando Home Buyers

I do not like it, because...

I have yet to meet a flat fee listing agent that seemed to care about the transaction, 

Eve

Jul 28, 2015 06:59 AM
Rainmaker
365,435
Jill Murty, Realtor - Orange County, CA
PREA Realty - Laguna Niguel, CA

I like working for a fee based brokerage.

Jul 28, 2015 06:54 AM
Rainmaker
4,580,090
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

We don't like it.  A

Jul 28, 2015 06:09 AM