Does “Full Service” Realty Really Just Mean “Full Commission”?

Does Full Service Realty Really Just Mean Full Commission

Full Service Realty

Full Service Realty is a great way to make money with real estate, but is it right for you? Is this the kind of property investment that will earn you the kind of return that you want to see? What are the pros and cons of Full Service Realty? What is Full Service Realty? Does full service really mean full commission?

When your flat fee real estate agent does not work on commission and only receives a flat fee for each sale they close. In other words, you get a full service and the agent works to satisfy you, not to earn a point. With Full Service Realty, you pay for what you get.

The Pros

  • Full Service Realty includes the most significant amount of freedom for the investor. When you have a real estate professional on your side, it’s much easier to find the best deals and move forward quickly. This type of real estate investing offers you the choice of working with only the best and paying a fraction of what they would in a one on one setting.
  • A full service brokerage will also work with you to ensure that you get the most bang for your buck and the most security for your investment. For instance they may help make sure the property photos are up to date. These professionals are well versed in what makes good investment sense and what makes a bad investment. They will also make sure that your contract is both fair and beneficial to you.
Full Service Realty

The Cons

  • Full Service Realty includes the same benefits that make it a good choice for some investors. Because the majority of the cost of this type of investment is paid by the buyer, it can work against you if you do not work with someone who can get the deal together for you. A good Full Service Realty broker will be able to make an offer to you that suits your budget. It is important to note that because you are paying for the services of the broker, you have essentially surrendered any rights you have to a trial period or other forms of preliminary investigation.
  • Since it is your investment, it needs to be something you want to see through to its end. If you need to see a profit in your home, you need to know when it will happen. The good news is that with a Full Service Realty broker, you will be offered a fair and honest assessment of what your home is worth.
  • There are many fees involved. Many Full Service Realty brokers charge a flat fee, which is based on the number of bedrooms in the house. Other fees include appraisal fees, legal fees, and broker administration fees. Before deciding Full Service Realty is the way for you to go, be sure to investigate all these fees so you know exactly what you will be paying. You should also look at what you would be saving by using a full service broker versus using one of the many independent Realtors in your area.
  • Your dream home might not be available as a Full Service Realty property. This can oftentimes be true because brokers usually work exclusively with brokers or sellers of a specific type of home. If you decide to have an agent represent you instead, make sure they know exactly which type of home you want to buy.

The most important thing to remember when dealing with Full Service Realty is to find a good Realtor. A good option is to check the Internet to find several Full Service brokers. By comparing their services, you will be better able to choose the best one. 

Remember, there are many advantages to buying a home but there are also some disadvantages. Always do your research before deciding to buy a home through Full Service Realty and make sure you are happy with the results.