Should I Choose a Real Estate Agent With The Lowest Commission?

By: Turner Property
Pic Real Estate Agent
Pic Real Estate Agent
BRISBANE, Australia - Dec. 14, 2020 - PRLog -- It can be tempting to choose a real estate agent that charges the lowest commission rate. However, if they don't secure the highest possible sale price, the decision can prove very costly for you.

Securing the highest sale price requires knowledge, experience and time. Your agent needs to know the market so they can demonstrate the value and potential of your home. They need the experience the negotiate effectively and overcome buyer objections. And finally, they need to be able to put the time in to source multiple buyers, make calls, do home visits and get them over the line to buy your property. Agents who charge the lowest possible commission rate within a marketplace generally lack that knowledge, experience and time to secure the best sale price for your home. They're often new to the sector or rely on a very low-commitment, high volume model which is based on selling many homes but not maximising the return for any one home-owner.

For this reason, we suggest not going with the agent with the absolute lowest commission, but one that can demonstrate the most value. We offer very competitive commissions, but what sets us apart is the additional value we can provide. With our knowledge of inner and north Brisbane, experience selling hundreds of properties in the area and the time we put into every sale, we're in the best position to maximise your sale price and overall return. All at a very fair affordable commission rate.

How Do I Judge a Real Estate Agent's Value?

Ask to see your agent's track record and talk to others who have worked with them. Compare different agents based on the results they have delivered for their clients. What expenses have their clients incurred? What sale prices have they been able to achieve? How long did it take to sell particular homes?

It's also important to realise that a slightly lower commission can be more than counteracted by the need for a client to invest in expensive print marketing at their agent's insistence. Make sure you understand the marketing approach your real estate agent will take and the likely costs involved.

At Turner Property we offer a tiered commission structure which allows you to make savings based on the value of your home. Our rate starts at just 1.8%. Whatever the value of your home might be however, we put the time and effort in to ensure we secure you the best possible price that the market will bear.

To find out more or to discuss selling your home in the inner and northern Brisbane suburbs, contact Alison today and receive a free market appraisal.

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Tags:Real Estate Agent
Industry:Real Estate
Location:Brisbane - Queensland - Australia
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