Typically, the seller of a home pays a commission of 6% which is split between the seller’s agent and the buyer’s agent. Many brokerages keep all of their commission.
When you buy with Nesbitt Realty, we rebate a portion of our commission to our buyers so our buyer clients can get thousands of dollars back without dealing with a national chain brokerage! Nesbitt Realty provides everything the big brand Realtor does, but with us you’re not another sales statistic. You’re a part of our family and you’re doing you’re part to keep small businesses alive in America.
How Much Money Do Our Buyer’s Get Back?
Your refund is calculated on a sliding scale and based on the list price of the home. The more expensive the home, the greater the refund. You’ll find the actual refund amount posted on the details tab for the home you’re interested in.
Despite what some companies may claim, the idea of a discount brokerage is not a new idea. Discount brokerages have been with us from the beginning, long before the Internet was invented.
Some companies claim that they can save you money because they have a website, but think about that for a moment: every company in business today has a website. Almost every agent has a method for you to shop online.
Therefore, you don’t get a discount because of a website. Just like anything else you buy, the consumer gets a “discount” because something is left out of the mix. The biggest names in discount realty save you money by discounting the agent.
Instead of dealing with a highly-skilled, locally-experienced professional, the discount brokerage puts your purchase onto a taco card and then turns your transaction into a taco.
What’s A Taco Card?
When you go to a fast food restaurant and order a taco, it often happens that there is not one person in the entire restaurant that knows how to make a taco. Instead, there is an assembly line of workers standing in front of prepared food. At each station on the assembly line, there is a taco card that shows a picture of what the employee should do next. The worker puts a tortilla on the line, adds a meat and then pushes the taco to the next station.
There are a lot of cooks at Taco Bell, but there are no chefs.
It’s the same with many discount brokers. Let’s be honest, there is a time and a place for an assembly line. There is a time when it makes business and economic sense to break the process into tiny pieces worked by small-money people. For most people, real estate is the largest purchase (or sale) they’ll ever make. This is probably not the best time to go with an assembly line.
So, How Does Nesbitt Realty Save Money?
Well, we don’t save you money by putting your transaction on the assembly line. But we have to find savings somewhere, or else we couldn’t offer a discount to our buyers. Instead of using discount real estate professionals who may or may not have a vested interest in your success, we work with highly-motivated and well-paid Realtors who are willing to work retail hours, keep up with continuing education and pay for the latest technology.
We want well-payed people because we want people who know their business and who are willing to work hard to make things happen for you. We want professionals who know the business from beginning to end. We don’t want cogs in a machine.
Cut the Pay from CEO not from the Worker
Instead of cutting money from the people who actually do the work, we cut money from the top of the pyramid.
Franchises of national chain companies have to pay money to use the national chain’s name. An agent and brokerage can’t use a national name brand unless CEO’s and stockholders get paid. We don’t have to pay any money to any company to do the same job as people who work for a national chain.
We offer you the discount and the satisfaction of dealing with a small business. You get the advantage of working with an experienced local professional but you still get a discount!
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