Flat Fee News

Why Flat Fee Real Estate Canceled Its Realtors Membership

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Many people believe that in order to be a real estate agent, you need to be a "Realtor". This is incorrect.

A "Realtor" is simply a person that is a member of a trade association or lobbyist group. The most well known real estate trade association and lobby group is the NationalAssociation of Realtors. In Vermont, we also have other real [...]

Real Estate Agent Pay - Chittenden County

The average Vermont family makes $51,200 per year. What do you think real estate agents make?

According to data from the MLS and based upon the traditional 6% commission model charged by other firms, the top 5 agents in Chittenden County so far this year (January to July 22nd) have made between $292,000 and $587,000. Thus, they are on pace [...]

Impact of National Franchises on Local Property Values

First let's review how national franchise companies make money from local real estate transactions. The most common model of compensation is a percentage of every transaction is paid to the national company by the local brokerage firm. Typically a local brokerage firm will pay the national company 8-10% of their fee from every transaction. [...]

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