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Discount Real Estate Brokers Can Make Selling a Home Less Costly

July 31st, 2008
Discount Brokers Can Make Selling a Home Less Costly

Traditional brokers face increasing competition from fee-for-service brokers who charge only for those services the consumer actually buys. Consumers with the option of choosing a fee-for-service broker can save thousands of dollars by purchasing only those services they need.

Consumers can save thousands of dollars in commissions
Certain States Require Consumers to Purchase Brokerage Services

A number of states have enacted laws that require consumers to purchase brokerage services they may not want, with no option to waive the extra items. These so-called “minimum service” laws diminish consumer choice and raise the cost of selling a home

States with “minimum service” laws
Department of Justice efforts regarding minimum service laws
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