Getting ready to sell a house can be an intimidating prospect. As you prepare for your next move, you’re likely concerned about one question above all else: How much money will you make from selling your home?
The profit from your home will determine your budget for your next home (or maybe it will determine your budget for the business you’re starting or your year traveling around in an RV). No matter what, you probably already have a plan for that anticipated cash, and have estimated your profit against the title companies, banks, and real estate agents that also get a share.
We bought our home in 2009 with the help of a stellar real estate agent. I will be the first person to tell you that she was worth every single penny that we paid her with her insight, offer negotiation strategy, and guidance through the inspection process. She gave us a fabulous experience that I am still very grateful for nine years later, and we recommend her to our friends and family quite often.
However, as we prepared to sell our house this summer in a very hot market, we saw an opportunity to minimize those fees and commissions. For sale by owner (FSBO) is a major way to maximize your profit, but not everyone has the time, energy, or information to do so confidently. But in the last few years, an interesting alternative has entered the real estate market: flat-rate realty companies. Armed with services by Homie, we were able to get our home the publicity we wanted while still retaining as much of the profit from the sale as we could. Wondering if a flat-rate realty company might help you get the most bang for your buck? Here are some things to consider:
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