Reality of Realty: A Full-Service Realtor vs. a Discount Broker
By: Valerie Davenport
[TRANSCRIPT]
Hey future homeowners, welcome back to my channel, Reality of Realty; I’m Valerie Davenport, your trusted real estate guide, and today we're tackling a question I get all the time: What's the real difference between a full-service realtor and a discount broker? It's a super important topic, especially when you're making one of the biggest financial decisions of your life!
So If you like videos like this and other behind the scenes peeks into what it’s like to be a realtor, don’t forget to like, share and subscribe so you’ll be notified when new videos are published.
And,whether you’re moving across the nation or across the street, tap into my resources by emailing me today using the email in the description box below. Now let’s get into the video.
Hey everyone, welcome back to my channel!
When you're buying or selling a home, you've got choices for who represents you. You've probably heard both terms, but let's break down what each truly offers.—-
Let's start with the Full-Service Realtor – that's me! When you work with a full-service realtor, you're getting a complete package. We're talking about everything from the moment you decide to sell or buy, right through to closing day.
We handle your home's valuation, staging and photography, creating a custom marketing plan, managing all those showings, and expertly negotiating offers. We're your advocate, your guide through complex contracts, and your problem-solver if any issues pop up. Our commission covers this comprehensive support – it's an investment in our expertise and local market knowledge, all designed to get you the best possible outcome.
Now, let's look at the Discount Broker. The main appeal here is usually cost savings – they often charge a lower commission rate or a flat fee. And while saving money sounds great, it's crucial to understand what you might not be getting.
Discount brokers typically focus on the basics, like getting your home listed on the Multiple Listing Service, or MLS. But that often means you become responsible for a lot of the heavy lifting: scheduling showings, conducting open houses, handling inquiries, and managing the mountain of paperwork. The trade-off for that lower fee is often a more limited scope of service and less personalized attention.
So, when you're weighing your options, ask yourself: How much involvement do I want? Am I comfortable taking on many of these tasks myself to save some money? Or would I prefer a dedicated professional to manage every detail, protect my interests, and maximize my investment?
Your home is one of your most valuable assets. The choice between a full-service realtor and a discount broker really boils down to the level of service and partnership you desire. Home, Your Choice.
So that’s it for today’s video. I’ll wrap it up here by saying thanks for tuning in to the very end! If you found this info helpful, don't forget to like, share and subscribe, and hit that notification bell for more real estate insights. And, if you have any real-estate related inquiries, visit my website at valeriedavenport@unitedrealestatechicago.com or use my email in the description box below. Until next time, happy house hunting!
