Business Model

Real Estate Commissions

 

Our business model differs from traditional realty business.
We created a business model that would allow the seller to save money when selling their home while still working with a full service realty firm.

 

Sellers:  PAY LESS IN COMMISSIONS

A typical realtor will charge 6% commission.  The commission is split between the agents representing the seller and the buyer.

We value the equity our clients have built in their homes and therefore have created a model that saves our clients money.  At Best Choice, you have a choice as to which plan you elect.  The great thing is all the services are the same.

Choice 1:

Seller pays a non-refundable marketing fee of $2500 at the time they list the home plus 3% at closing.  (the 3% at closing is given to the buyer’s agent).
{For a $250,000 home this is a $5,000 savings from 6% realtor commissions.}

Choice 2:

Seller pays 4% at closing.  The 4% is split, with Best Choice receiving 1% and the buyers agent receiving 3%.  We do have a minimum fee of $2,000 ~ so if your home is  $199,999 or less then the charge at closing will be $2,000.
{For a $250,000 home this is a $5,000 savings from 6% realtor commissions.}

 

Buyers:  RECEIVE A REBATE TO HELP PAY A PORTION OF YOUR CLOSING COSTS

We didn’t want to leave our buyers out of our business model.  We wanted to let them know we value them as well and let them know we understand buyer a new home is a large investment.

We give our buyers a rebate which helps them pay for their closing costs.  The rebate typically ranges between .5% and 1% of the purchase price.  It varies based on the buyer agent commission paid in the transaction.