How I earn my success fee as a Realtor

Building relationships based on trust and integrity WNC anywhere real estate services from ALLEN TATE / BEVERLY-HANKS, REALTORS® Broker Dwain Ammons, REALTOR®, C2EX Graduate, e-PRO®, PSA and SFR® Certified and Licensed NC Real Estate Broker. Free reviews and discussions (828) 447-0036.
November 4, 2023

Read to learn how a full-time professional Realtor® earns their transaction success fee.

As a valuable professional Realtor® I earn my transaction success fee by providing a wide range of essential services throughout the real estate transaction process. The success fee, often referred to as a commission, is typically a percentage of the final sales price of a property and is paid to the Realtor® at the close of the transaction. Here’s a detailed explanation of how as a professional full-time Realtor®, I earn this fee:

  1. Initial Consultation and Property Valuation:
    • The process often begins with an initial consultation where the Realtor® meets with the seller or buyer to discuss their goals, needs, and preferences.
    • For sellers, the Realtor® assesses the property and provides a comparative market analysis (CMA) to determine the property’s market value.
    • The Realtor’s ability to accurately price a property is critical, as it directly impacts the potential selling price.
  2. Property Preparation and Marketing:
    • For sellers, the Realtor® offers guidance on preparing the property for sale, including staging, repairs, and improvements.
    • The Realtor® develops a comprehensive marketing strategy, which may include professional photography, virtual tours, and listings on multiple real estate platforms.
    • Advertising and marketing efforts help attract potential buyers and increase the property’s visibility.
  3. Showings and Open Houses:
    • The Realtor® coordinates showings, open houses, and private tours for potential buyers.
    • They are responsible for presenting the property in the best light and highlighting its features to potential buyers.
  4. Negotiation Expertise:
    • A skilled Realtor® excels in negotiations, working to secure the best possible deal for their client.
    • Whether representing a buyer or seller, they advocate for their client’s best interests and help them navigate offers, counteroffers, and contingencies.
  5. Due Diligence and Transaction Management:
    • Realtors® guide clients through the due diligence process, which includes inspections, appraisals, and financial assessments.
    • They ensure that all required documentation is properly prepared and submitted, reducing the risk of transaction delays or complications.
  6. Legal and Regulatory Compliance:
    • Realtors® are well-versed in local, state, and federal real estate laws and regulations.
    • They ensure that all aspects of the transaction comply with these laws, protecting their clients from legal issues.
  7. Problem-Solving and Troubleshooting:
    • Real estate transactions can encounter unexpected challenges. A valuable Realtor® excels in problem-solving, finding solutions to issues such as appraisal shortfalls, title problems, and financing obstacles.
  8. Closing Coordination:
    • The Realtor® manages the closing process, ensuring that all parties are prepared to complete the transaction. Extra services are provided to out of state or international relocation clients, including both corporate and military relocations.
    • They work closely with escrow companies, lenders, attorneys, and other professionals to coordinate the closing.
  9. Post-Transaction Support:
    • Even after the transaction is complete, a valuable Realtor® may continue to provide support, answering questions and addressing any concerns that may arise. Familiarizing relocation clients with local information to ease their transition is always included.
  10. Exceptional Client Service:
    • Throughout the process, a valuable full-time Realtor® like Dwain Ammons, provides exceptional customer service, ensuring that clients feel supported, informed, and confident in their real estate decisions.

In summary, a valuable professional full-time Realtor® like myself earns their transaction success fee by providing a comprehensive range of services that facilitate a successful real estate transaction. My expertise, guidance, and dedication are crucial to the buying or selling process and contribute to a successful outcome for all of my clients.