The passion for hourly real estate
Of course, you will still have to pay a standard commission to your buyers broker, but that amount will be thousands less than if you had sold your home under the traditional selling broker arrangement. You may even end up selling your home to someone who is also working without a broker. In that case, the only broker fee you are responsible is the flat fee you paid when you signed up for no commission real estate services. As noted above, your broker acts as your point of contact during the life of your transaction. In no commission real estate, your broker will step in to help with contract negotiations up to and including contingency fulfillment and the collection of necessary legal documents such as affidavits from adjoining property owners if needed for closing.