Question: Why a 4.5% commission rate?
Answer: Our real estate clients deserve to keep THEIR money.
As a company, Perry Wellington Realty charges a 4.5% commission rate to sellers when listing their home. This is a nice savings when compared to the 5-7% rate commonly seen by other brokerages. This is in response to a growing trend nation-wide where consumers are demanding lower costs to sell their properties.
While our rate is lower, Perry Wellington still provides a full-service package that rivals any “traditional” brokerage. We are NOT a discount brokerage by any means. We simply do business more economically and intelligently while still providing everything necessary to sell your home and sell it well. We also provide added items such as Matterport camera tours and drone imaging at a lower cost than most other brokerages and/or agents advertise.
Buyers and sellers are savvier than ever when it comes to selling and buying homes today. This is due to the massive amount of information at their fingertips, thanks to the internet. The internet has revolutionized our worlds and businesses in every way. Real estate is no exception. And consumers know it.
Agents are able to market, streamline information and share listings at the touch of a button to the entire world. Gone are the days of a paper *gasp* mimeographed (Look that up, young folks!) copy of area homes. Agents used to spend hours upon hours driving around to: Find and preview these properties; make a ton of phone calls for appointments; handwrite or type out listing agreements and offers; and snail mail documents.
Today, we sit in the luxury of our offices, homes, vehicles, parks, restaurants, dog groomers, wherever, and preview any listing we want, send them to clients next door or overseas, set up showings, supply feedback and write up contracts instantly and electronically. The time spent is a fraction of what it used to be.
What IS a significant drain on a Realtor these days is the money needed to pay for the technology to do all of the above so quickly and easily. The fees associated with all of the technology we have at our disposal are steep and numerous. So while we would love to provide all of this awesomeness for 1-2% that is simply not possible if us agents want to be able to put food on the table and fuel in our cars.
Want to keep more of YOUR money while selling or buying your property?
Call me: Susan Reichel 301.642.1338 or
Email me: Susan@SusanReichel.com
A huge shout out and thanks to Crawford Law Group for putting this info together! Wire Fraud is happening more and more often please make sure you are picking up the phone to call when making changes to your wire. Below are some additional tips on keeping your money safe and one of the most important transactions of your life worry free.