The Myth About Discount Real Estate Brokers

| Total Words: 792

Unfortunately, perception is everything! Politicians know this, which is why they spend millions of dollars on election campaigns. The overwhelming majority of people will be influenced by ads and will vote accordingly. Open any newspaper and see how ubiquitous real estate ads are and why not, real estate is the largest industry in the US.

When someone wants to sell a home he or she signs a real estate listing contract which provides a brokerage commission for the listing broker and the selling broker. Typically, this commission runs about 2.5% to 3.0% for each respective broker. Since a large percentage of homes are approaching a million dollars this represents a costs of $50,000 to %60,000 for the homeowner to sell his/her home. If you think about how little work is involved by the real estate professionals, it is simply insane especially in this age of computers, faxes, cell phones, and the internet. It does not make any sense. This is why a new breed of real estate brokers have sprung up: The Independent Online Discount Real Estate Broker.

The discount real estate broker will list your house for less, typically 1% and will give the buyer a rebate of somewhere...

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