Do Open Houses Work?

mphillips Commission Free , Flat Fee , Open House , Real Estate Leave a Comment

Years ago, before the internet, open houses were an important part of marketing a home.  Allowing the general public to come on in and take a look at a house for sale generated some success for home sellers and listing agents.  Fast forward several years with all of the advances in technology, internet, IDX (Internet Data Exchange), virtual tours, high …

Why Real Estate Flat Fees Just Makes Sense

mphillips Commission Free , Flat Fee , Real Estate , Real Estate Commissions Leave a Comment

Joe sells his house for $500,000 and Mary, a home owner in a nearby neighborhood, sells hers for $250,000.  Both had listing agreements with reputable real estate agents who did great jobs marketing and ultimately selling the homes.  Both Joe and Mary agreed to pay 6% in real estate commissions upon the successful sale of their homes. While sitting at …

Does the size of your Realtor’s office really matter?

mphillips Commission Free , Flat Fee , Real Estate Leave a Comment

I have a question for anyone considering selling their home: What is more important to you: the size of your agent’s office or the sales price and bottom line equity back into your pocket at closing? In today’s tech-driven world w/ automation, primarily through the internet, does a seller really care that their agent offices in a big, sometimes, fancy/expensive …