Discount Brokers Vs. Full Service Brokers - Making the Right Decision for Real Estate Success
It is that time in your life where you are desperate for an upgrade in terms of your living conditions. Maybe you’ve decided to start a family and your bachelor pad studio apartment just won’t cut it. Or maybe you want to upgrade to something smaller and more manageable after your long awaited retirement. Whatever your reasons, you will have to get well acquainted with the world of real estate to ensure that you either buy or sell your home at the best possible price. In a market as active as the one in Seattle, WA, you cannot simply rely on traditional real estate sales models. It is for this very reason that brokerage services exist. But how do you choose between a full service broker and a discount broker? Below are a few facts that should help.
What is the difference in the first place?
A full brokerage setup is one where the real estate company brings together different professionals to work together towards helping you sell your home or buy a new one. The teams include everyone from real estate agents and marketing agents to home staging companies and handymen. This ensures that you have all the services you need on hand and at great prices.
A discount brokerage firm on the other hand operates by lowering commission rates. Popular companies with this model include Fiara and Redfin both operating in Seattle, Washington. At face value, the discounts offered might seem attractive and enticing. However, the lack of full service coverage leaves you as the home owner or potential buyer vulnerable.
Why full service brokerage is the way to go
For the most part, full brokerage services are a much better investment than discount brokerage firms. The access to all the services required for a successful purchase or sale guarantee this. Below are a few of the most important benefits of the model.
-As the seller
If you are selling your home to upgrade or to downgrade to something more manageable, you have a lot to look forward to. One of the best things is the access to experienced marketers. These will help you get your home noticed increasing chances of getting it sold. The agents made available will also answer any questions you have and offer great advice on when and how to sell your home. If you decide to take the FSBO (for sale by owner) route, you still get to enjoy the services of the many other professionals on the team without having to worry about sales commissions.
-As the buyer
If you are buying a home for the first time, full service brokerage services come in handy first and foremost when it comes to identifying the best home for you. With all the great minds and resources being pooled, all you need to do is to make your preferences and priorities known. Staging services offered also come in handy allowing you to get a better idea of each space’s full potential. Finally, you get access to professional handymen in the event that your perfect home needs a fix or two. The best part about these full service brokerage deals is that despite paying full commission, you will be sure that you are getting full value for your money; no regrets and no surprises.