If you’re planning on selling your home in Fairfax, you need to know how much commission a real estate agent will charge you. Fortunately, there are several ways to reduce the cost of the commission. These include using an up-to-date home valuation tool such as UpNest, or buying a house with cash through House Buyers of America, which can save you a significant amount of money on commissions.
Clever can connect you with a top listing agent in Fairfax
When you’re ready to sell your home, you need a real estate agent who knows the ins and outs of the sales process. Thankfully, Clever is here to help! The company’s matching service matches home buyers and sellers with top-rated agents in the area. This service is free for buyers, and it charges a low 1% commission for full-service realtors.
The first step is connecting you with a top listing agent. You can use Clever to find a top agent in Fairfax for a flat fee. For example, if you want to sell your home for $350,000, you’ll only pay a one-percent commission with Clever. Commission rates aren’t set in stone, and you can negotiate a lower commission rate with your agent. Additionally, Clever works with brokerages that offer discounted commission models.
While Clever can help you find a top agent, it is not the best option for everyone. Clever is a new company, so the network of agents is still limited. As a result, you may need to interview multiple agents before making a decision. If you do decide to use Clever, be sure to check out their fees, and make sure you have a budget.
UpNest saves you money on commissions
The UpNest app matches buyers and sellers with local real estate agents. Once matched, UpNest sends five potential estate agents’ commission quotes in as little as 24 hours. UpNest’s user dashboard lets you compare the proposals. Be sure to take note of any commission discounts offered by each agent.
The UpNest app works by matching potential buyers with agents who are most likely to match your needs and preferences. UpNest will check in with you before you’re matched with a real estate agent. The concierge team will also oversee the matches and ensure that they are the best fit for you. You can also walk away from a match or request more agents.
With UpNest, you’ll be matched with an agent who is willing to negotiate with you and offer you a lower commission rate. You’ll pay your estate agent fee that is between five and six percent of the sale price. Half of the commission will go to the listing agent, and the other half will go to the selling agent. The UpNest model encourages agents to lower their commission rates because they’re competing for your business. Plus, UpNest agents offer commission rebates and apply their commission earnings to your closing costs.
Traditional brokers in Fairfax charge high commissions
If you’re a first-time home buyer or seller, you may be wondering how traditional Fairfax brokers can charge such high commissions. Typically, they charge 5% to 10% of the sales price, split between the listing agent, buyer’s agent, and their broker. While these commissions are usually high, they aren’t set in stone. Virginia’s average commission rate is 5.22%, but it can fall anywhere from 4.62% to 5.83%. To get a better deal, try negotiating with your agent or work with a brokerage that offers a discounted commission model.
Full-service brokers are usually the most expensive option, but these brokers often offer more services than an online broker. Their services include estate planning, tax consultation, and other financial services. In addition to trading, these brokers earn the highest commissions. Some human brokers can charge as much as $100 per trade.
House Buyers of America saves you money by buying your home for cash in Fairfax
If you are looking to sell your Fairfax home fast, you should contact a cash home buyer. The longer you wait to sell your house, the more money you’ll lose. Fortunately, House Buyers of America can buy your Fairfax home fast and save you money in the process.
Whether your Fairfax home is in need of repair or you need to sell it fast, we buy houses in Fairfax for cash. Our franchisees look for homes that need to be sold quickly and are in need of repairs. Once they have inspected the home, we make you a cash offer. These companies have been in business for over 20 years and can help you sell your home fast.
Another way House Buyers of America saves you money is by eliminating costs and hassles of selling your home. Unlike realtors, cash home buyers do not require you to clean and repair your home. And, since their prices are lower than average, your savings may not be enough to offset the costs you’ll incur during the process.