Know This Before Using a 1% Commission Realtor

A 1% real estate commission is attractive, especially when you’re trying to get the most out of your home’s sale. 1% is low enough to catch a home seller’s attention, but you know there’s got to be a catch. Savvy homeowners are sure to dig a little deeper, which is why you’re here.

There’s a direct relationship between that 1% rate and the resources your realtor will be able to spend promoting your home. That’s not to say they won’t use all the advertising avenues available, but the funding has to come from somewhere (and it won’t be your commission).  

So what’s the full story behind 1% commission real estate agents, and more importantly, can you make the math work in your favor?