Saving Money on Realtor Fees & Commission in Indianapolis & Indiana: A Comprehensive Guide

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If you are looking for top rated real estate agent for a real estate transaction in Indianapolis, Indiana, contact White Stag Realty. Our office has handled hundreds of real estate transactions and has over 200 five star Google Reviews. Our office believes that coupling superior service with better pricing is the pathway to success. If you want to find out why so many Hoosiers have made the switch to White Stag Realty, call our office at 317-965-4849 to learn more or click here to visit our home page or here to contact our office on the web.

Why Using a Top-Rated DISCOUNT Real Estate Agency Like White Stag Is a Good Idea

White Stag Realty provides top level service to residential sellers and buyers in Indiana to help our clients achieve their real estate goals while saving on commission!

For homeowners looking to sell, we offer discounted listing agent commission rates – as low as 1%! This means a homeowner can save THOUSANDS of dollars selling their home, retaining more of the equity from the property. In addition to our competitive rates, we provide full brokerage services for every transaction that match (and often exceed) the level of service provided by our competitors.

For clients looking to buy a home, White Stag agents find properties that meet specific search criteria, schedule and coordinate all showings, negotiate offers, request repairs noted from inspections, and get our clients to the closing table for their new home.

What makes White Stag Realty truly unique is that our agents are full-service realtors who represent our clients at a fraction of the cost of many of our competitors.

Many of our clients ask how we can provide full service real estate agents at such competitive rates. While commission rates are always negotiable, it is common for listing agents to charge a commission between 3 to 4%. These high commission rates were justified several decades ago. Buying or selling a home prior to the widespread usage of digital technology was indeed a slow process. For example, if a potential buyer wanted to see pictures of a home, the buyer’s agent had to coordinate with the seller’s agent to obtain physical photographs of the home from the seller’s agent, and then meet with the client in person merely to show the client actual pictures of the property. Similarly, if a client wanted to see a home in person, the buyer’s agent had to schedule the showing by phone, drive to the seller’s agent, get a key for the home from the seller’s agent, drive to the home, conduct the showing, and then drive back to the seller’s agent to return the key. Advances in technology, that we now take for granted, have significantly streamlined the process of buying or selling a home. These technological advances include automated syndication of MIBOR MLS listings to other real estate websites including Trulia and Zillow, bluetooth-enabled sentrilock lockboxes, and digital scheduling of showings. The process for buying or selling a home has become streamlined over the past few decades through the use of technology. Unfortunately, the monetary savings realtors have experienced have not been passed on to the public. The high commission rates seen in today’s market take advantage of trusting consumers. White Stag Realty was created to pass these savings on to our clients.

Whether you plan on acting in the near future, or are just looking ahead, if you have any questions, please do not hesitate to call. We look forward to hearing from you.

Realtor commission rates are a significant expense when buying or selling a home. In the United States, realtor commission is sometimes 7% of the sale price of a home. This means that on a $300,000 home, the realtor commission would be $21,000.

For many people, this is a large sum of money to pay. Fortunately, there are a number of ways to save money on realtor fees.

How to Save Money on Realtor Fees

Negotiate a lower commission rate. The standard commission rate is not set in stone, and you may be able to negotiate a lower rate with your realtor. If you are a motivated seller or buyer, you may be able to get your realtor to agree to a commission rate of 5% or even lower.
Use a discount real estate agent. Discount real estate agents typically charge a flat fee for their services, rather than a percentage of the sale price. This can save you a significant amount of money, especially if you are selling a high-priced home.
Use a flat fee real estate agent. Flat fee real estate agents typically charge a fixed fee for their services, regardless of the sale price of the home. This can be a good option if you are selling a home in a competitive market, where you may not be able to negotiate a lower commission rate with a traditional realtor.
Use a low commission real estate agent. Low commission real estate agents typically charge a commission rate that is lower than 7%. This can be a good option if you are looking for a full-service realtor without having to pay the full commission rate.
Take advantage of realtor rebates. Some realtors offer rebates to buyers and sellers. These rebates are typically a percentage of the commission that the realtor earns. For example, a realtor may offer a 1% rebate to buyers, which would save you $3,000 on a $300,000 home purchase.
Take advantage of realtor commission refunds. Some real estate companies offer commission refunds to buyers and sellers. These refunds are typically a percentage of the commission that the company earns. For example, a real estate company may offer a 2% commission refund to buyers, which would save you $6,000 on a $300,000 home purchase.
Take advantage of real estate agent incentives. Some real estate agents offer incentives to buyers and sellers. These incentives can vary, but they may include things like free home staging, free home inspection, or free moving services.

Discount Real Estate Agents

Discount real estate agents are a great way to save money on realtor fees. These agents typically charge a flat fee for their services, rather than a percentage of the sale price. This can save you a significant amount of money, especially if you are selling a high-priced home.

For example, a discount real estate agent may charge a flat fee of $3,000 for their services. This would save you $15,000 on a $300,000 home sale.

Discount real estate agents typically offer the same services as traditional realtors. They will help you list your home, market it to potential buyers, and negotiate the sale. However, they may not offer the same level of hand-holding as a traditional realtor.

If you are comfortable with doing some of the work yourself, such as staging your home and holding open houses, then a discount real estate agent may be a good option for you.

Flat Fee Real Estate Agents

Flat fee real estate agents are another way to save money on realtor fees. These agents typically charge a fixed fee for their services, regardless of the sale price of the home. This can be a good option if you are selling a home in a competitive market, where you may not be able to negotiate a lower commission rate with a traditional realtor.

For example, a flat fee real estate agent may charge a fixed fee of $5,000 for their services. This would save you $13,000 on a $300,000 home sale.

Flat fee real estate agents typically offer a limited range of services. They may help you list your home and market it to potential buyers, but they may not negotiate the sale.

If you are comfortable with negotiating the sale of your home yourself, then a flat fee real estate agent may be a good option for you.

Low Commission Real Estate Agents

Low commission real estate agents are a good option if you are looking for a full-service realtor without having to pay the full commission rate. These agents typically charge a commission rate that is lower than 7%.