Should you hire a full service brokerage or a discount brokerage?  What's the difference?

There is a misconception of the value a Realtor and their brokerage provide.  Many think Realtors get paid too much.  The average Realtor, according to NAR (National Association of Realtors) makes only $36k per year!  There are a lot of costs in doing business.  In fact, 93% of people that become Realtors, have to drop out within 2 years; largely because of the expense of doing business.  

Some of those that do not find substantial success in real estate may go to work for a discount brokerage.  There, they no longer get paid a commission, rather they get paid a salary and work 9-5.  When you call in, you may or may not get someone of knowledge that can provide you the right direction/advise.  You know, it's like calling in to 1-800-anybody.  These agents have no skin in the game.  They don't care if you give them a referal, you are just a number to them.  You may have to explain your problem to many agents on up the chain, and come 5pm - - well you'll just have to call back.  Hopefully not after your contract deadline expired!

I have worked with discount brokerages in the past, and frankly I cringe when I have to, because I usually have to do their job too.  Why do I do it?  Because I am fudicially responsible for my clients and I want what's best for them!  If they want to buy that house or they want to sell their house to a discount brokerage buyer, I'll do whatever it takes to get the job done!  I do their job (at times) because I want to make sure my clients are best protected.  

After all, this is my client's biggest financial decision of their lives and I do not take that lightly!  My clients are my clients for life!  I expect them to love the process and final result so much, that they refer me to their friends and relatives.  

I can tell you stories of overlooked and under contracted events throughout a transaction.  I can show you sellers that have used a discount brokerage to save money and end up underpricing their home and paying excessive repair discounts - all for the convenience of not showing their home!  I think I could put up with a slight inconvenience for the $30k left at the table.  

You can always get some coffee at the gas station and hope it will be ok to drink - - - or you can go to Starbucks and get the BEST coffee possible. Make sure you trust the Realtor representing you.  I AM THAT REALTOR FOR YOU! 

You owe it to yourself to at least compare the costs.  Give us a call and see how we treat you the RIGHT way while protecting your interests .