4 Reasons to Work with a Flat Fee Real Estate Agent in Tampa Bay
If you are thinking of selling your home with a flat fee real estate agent in Tampa Bay, here are 4 reasons why that may be a great idea. Selling your home using a traditional agent is expensive. Selling your home without an agent is stressful.
The Tampa Bay real estate market is a great market. From snowbirds to transplants, Tampa Bay is a very desirable place to live and work. Traditionally, the Realtor fees in Tampa range from 2.8 to 3.2 percent. This is quite a bit considering the average home is currently selling for over $225,000. With flat fee realtors in Tampa like BlueMatch, you can save $3,000-$5,000 on the list side alone.
Here 4 reasons why you should consider a flat fee real estate agent in Tampa Bay.
Selling with a flat fee real estate agent in Tampa Bay saves money.
The average listing commission to sell your home in Florida is upwards of 3% of your homes value. That means if you sell your home for $350,000, it can cost you over $10,500 just to list it with an agent. That’s a ton of dough! When you list with BlueMatch, that fee is only $895 saving you almost 10K. Other flat fee real estate agents in Tampa Bay can charge anywhere from a few hundred to a few thousand. This is a big improvement from 3%.
Not all flat fee realtors in Tampa are created equal however. When researching a flat fee real estate company in Tampa, make sure they are truly a full service brokerage. Many flat fee MLS listing services disguise themselves as flat fee realtors in Tampa. There is a big difference between flat fee listing services and flat fee brokerages. The biggest difference is the amount of liability you take on.
When you work with a full service flat fee brokerage, you are covered under their “Errors & Omission” insurance, they handle the process, documents, and legal. When listing with a flat fee MLS service, you are essentially on your own. You assume more risk and liability. Many times you also end up paying more at closing through additional title fees. These fees can sometimes run higher than what you would have paid to a flat fee brokerage.
Selling with a flat fee real estate agent in Tampa Bay saves time.
If you are thinking of selling your home on your own to save money, it can be very time consuming. Documents, contracts, paperwork, the list goes on and on. A transaction at BlueMatch can take well over 20 hours. We have found that FSBO’s can take 3 times longer. When you take into consideration how much time is involved in a real estate transaction, a flat fee realtor starts to look appealing. How much is your time worth?
Opportunity cost and time are the top two things people often overlook. They are also the only two things you can get back.
Selling with a flat fee real estate agent in Tampa Bay reduces stress and anxiety.
People that list their homes without an agent can become very stressed out very quickly. Dealing with being bombarded by calls from agents to not understanding the extent of a contractual offer can be very stressful. When you use a flat fee agency like BlueMatch, we take care of the entire process from start to finish. Contracts, amendments, disclosures, and all of the other paperwork that comes along with selling often trigger ones anxiety when tackling it alone.
Selling with a flat fee real estate agent in Tampa Bay can produce a better outcome.
When you take into consideration time, money, and reduction of stress, using a flat fee real estate agent in Tampa Bay may produce an optimal outcome in your home sale. Selling with the power of a full service agent at a fraction of the price is always ideal.
If you are thinking of selling your home in the Tampa Bay area, selling with a Flat Fee Real Estate agent may be the best way to go.