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Why Reducing Realtor Commission Isn’t Always a Smart Move

Why Reducing Realtor Commission Isn’t Always a Smart Move

When selling your home, it’s natural to look for ways to maximize your profits. However, focusing solely on reducing your Realtor's commission is often a shortsighted approach- similar to "stepping over a dollar to save a dime."

Your home is likely your single largest asset, and choosing the right Realtor is a critical decision. If you’re interviewing agents, consider this: if they struggle to justify their commission fees, how will they effectively represent your interests in negotiations and the marketplace?

Why Value Matters Over Commission

1. Expertise and Market Knowledge
A skilled Realtor brings deep knowledge of your local market and neighbourhood, ensuring your home is priced correctly to attract buyers while maximizing your return. This expertise helps you avoid costly mistakes such as underpricing or overpricing your property.

2. Proven Track Record
A Realtor with a history of stellar performance has honed their strategies to deliver results. Ask about their sales record and client testimonials. A strong track record speaks volumes about their ability to sell your home quickly and for top dollar.

3. Negotiation Skills
Your Realtor's ability to negotiate directly impacts your bottom line. A professional who is confident in their worth demonstrates the negotiation skills you want when dealing with offers, inspections, and closing terms.

4. Comprehensive Marketing Plan
Selling a home is more than listing it online. A great Realtor invests in high-end digital photography, staging advice, targeted advertising, and social media campaigns to showcase your home to the right audience. These tools help draw more interest and, ultimately, higher offers.

5. Value Pays for Itself
A high-performing Realtor often nets sellers more money- even after accounting for commission fees- by leveraging their skills and network to attract quality buyers and close deals efficiently.

The Bigger Picture

While it might be tempting to select a Realtor who offers a discounted commission, ask yourself: Do you really want to entrust the sale of your most valuable asset to someone who undervalues their own expertise? Instead, focus on their qualifications, services, and ability to deliver results.

Ready to Work with a Top-Performing Realtor?

Chris Abbott has over two decades of real estate experience, providing expert advice, marketing strategies, and negotiation skills to help you sell your home for top dollar.

Contact Chris today to discover how he can bring value to your sale. Don’t step over a dollar to save a dime- invest in RESULTS!

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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.