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FLAT-FEE BROKERS...THE REAL STORY

Thinking of listing with a Flat-Fee broker? Think again!

A closer look at Flat-Fee brokers.

They have a list them & leave them attitude which means you are on your own!

    • Their goal is to get you to list and pay the fee, place your property on 1 MLS, and you never see them or hear from them again

They charge extra for “Additional Services” and will ultimately cost you more!

    • General help, open houses, negotiations, transaction coordination are paid extra

Their success ratio is poor. They will waste your time & ultimately cost you more!

    • Only approx. 17% of their listings ever sell
      • Full service broker average = 33%
    • Their listings sell for less, approx. 76.5% of their list price
      • Full service broker = 94%

Once listed, a flat-fee broker has little motivation to do anything else.

Source: MOMLS, Single Family, 01/01/2009 to 12/31/2009
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Veltri & Associates, Realtors, a full service New Jersey real estate agency that combines both traditional and Internet sales capabilities including residential sales and rentals, commercial, adult community, new homes, luxury homes and estates, vacation homes and rentals as well as worldwide relocation. The company features an array of flexible listing fee plans as well as a broad range of compensation opportunities for its sales associates.