What Is A Flat Fee Realtor?
Flat fee realtor is basically a real estate salesperson as well who is licensed and paid a set amount for the services they offer than getting a commission from the sale. In general, flat fee realtors are paid on the closing set rate that had been agreed upon previously by all parties involved. Rather than paying the agent a percentage or a commission of sales or lease price, flat fee is paid depending on the transferring or closing title.
The fee may be based on a number of factors like the length of time in which the realtor is planning to work for the client, the property is for rent or sale or any other circumstances in which a flat fee is preferred than a commission based transaction.
In case that flat fee is what preferred, it can be beneficial either for the realtor …