Sell house: full commission agent or flat fee?
I need help brain storming.
I need to sell a property I own (2 bdrm, 2 bat townhouse) in the south bay area. Looking at the comps, I'm estimating that it's got a market value of about $615,000. Plus inventory is really low (only one other unit in the complex listed for $624k and not many others in the city). Things cooled over the holiday season but seem to be picking up now that that's over and the weather is getting nice again.
So I'm trying to decide several things:
Full 6% commission agents:
- PRO: full service, full staging, experienced agents
- CON: fricken $36,000 loss in commission alone
Fee based agent for 2.5-3% to buy agent and flat $5k to the sell agent
- PRO: cheaper... about an 2003 Civic Si cheaper.
- CON: not full service, may or may not stage, full commission agents boycott these properties (or try to)
I've already begun to arrange repaint, recarpet, cleaning, gardening, and repairs all myself. I have enough artistic sense to shoot pics myself and create flyers.
So besides paperwork, staging, and open houses, I'm not sure what's worth the full commission agent.
PLEASE HELP ME BRAINSTORM THE PROS AND CONS. (Yes, I make my own decisions, but I need brainstorm help)