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Discount Brokers vs. Full Service Brokers

Let us watch some differences between the Discount Broker and the Full-Service Broker
Discount Broker

• MLS or an Exclusive Listing
• possible internet exposure
• no office agent network
• no buyer search
•"discounted home" sales strategy approach
• reduced commision can equate to:
- less motivation
- fewer showings
- less representation
- less support
- Most are part-time broker

Full Service Broker

• MLS Listing
• internet exposure
• office agent networking (over 450 agents !!)
• relocation assistance
• full commission = more motivation
• full-service = good reputation
• pre-qualifies buyers
• total team support
• representation throughout the entire process
• Full time broker

One of the choices that you may face will be to accept the services of a Discount or Full Service Broker.

Just by going on the title of the two different kinds of brokers you can tell that there is likely to be a difference.

The discount broker may not offer you internet exposure, fewer showings less representation and support.

The majority of discount brokers are also part time which means the precious time they do have may be split between too many clients.

On the other hand, the full service broker should guarantee you internet exposure, office agent networking, relocation assistance, representation throughout the process and total support. 

 

 
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