Why is the Cost to Market Your Home Based on a Percentage of the Sales Price?
Happy New Year! I hope everyone is refreshed and ready to start 2019 off on the right foot!
To start off the new year, I have a question for those of you who are struggling to price your home or wondering how pricing your home works.
Why is the cost to market your home based on a percentage of the sales price? Do you know?
Let’s look at an example to find out: if you sell a $150,000 home, the marketing commission would be roughly 4%, which is $4,200. If the exact same home sells for $300,000, that marketing fee goes up to $8,400.
Do you know what makes up that difference?
Is the paperwork different? No. The paperwork for selling the home for $300,000 is the same as selling the home for $150,000.
Is there more staff involved? No. The same amount of staff is involved in selling the $150,000 home as in selling the $300,000 home.
Does the copy machine run slower? Nope. The copy machine runs the same exact speed no matter what is put through it.
So, why do you get charged more for the exact same service?
I can’t think of a reason. Can you?
That’s my question of the day. You should ask your agent the same one.
I’d be interested in hearing your comments. Leave them down below or message me!
If you want to sell your home in a different way that will even save you some bucks, give me a call.
