What is a Flat Fee Listing agent-broker-how do they work

What is a Flat Fee Listing agent. Today's video will teach you how we've saved thousands of dollars in real estate commissions by using Flat Fee Brokers. This is NOT an attack on Realtors, in fact we need and love them in our industry. But when you're selling a lot of houses, you notice most of the work to find buyers is done by the INTERNET. Using Flat Fee Brokers allows us to get our houses on the MLS w/out having to pay the full 6%. I'll show you how to find one and what to expect when using this service. New investors should absolutely pay the full commission to the realtor, so you can learn the sales process and what it takes to get to closing. But once you understand sales, you can look into using Flat Fee Brokers to control your costs.

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00:00- Intro
1:50 - How do real estate agents get paid commission
2:50 - How does the broker split commission with the real estate agent
4:35 - What is a Flat Fee Broker
5:35 - How to find a Flat Fee Real Estate Broker
8:15 - How to work with Flat Fee Brokers
9:35 - Why would a real estate broker list a house for a Flat Fee
11:00 - What are my responsibilities when I use a Flat Fee Listing agent

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#flatfeelisting #flatfeebroker #flatfeerealestateagent #flatfeerealestatebroker
   • What is a Flat Fee Listing agent-broker-ho...