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What Is A Flat Fee Agent?

Sharon Oyer operates as a flat fee agent, which means she charges a fixed rate for her services (and saves you money), regardless of the eventual selling price of the property. The expenses associated with working with a flat fee agent typically include:

The Listing Fee is the primary charge for listing the property on various platforms such as the Multiple Listing Service (MLS) and other relevant channels.

The Marketing Fee that fee agents may impose to cover marketing costs. This can encompass services like professional photography, virtual tours, online advertisements, and other promotional activities.

The Transaction Fee is allocated to cover administrative expenses related to overseeing the transaction. It includes tasks like coordinating with other parties involved and maintaining communication with the buyer’s agent.

Additional Service Fees for services like conducting open houses, providing yard signs, and offering lockboxes.

It is essential to note that the exact fees and services provided by flat fee agents can vary. Therefore, it is advisable to seek clarification on the specific terms and details.

One unique feature about Sharon’s services is that, depending on the final sales price, she will cover all or a portion of your closing costs and transaction fees, depending on the lender’s requirements!