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"The Future of Real Estate"


Welcome to Flat Fee Realty, your source for help in buying or selling a home without hassle!

We are an independently-owned, Triangle based company, committed to helping people like you by simplifying the process of buying and selling homes.

If you are a current home owner who is interested in selling your home independently please read what our customers are saying about us.

If you are a prospective home buyer please check out our new Custom Search. Searching for the home of your dreams is now easier than ever.

We also offer more traditional, full-service NC real estate services if you decide you would like more assistance.

SELLER SERVICES

  • Home listed in MLS®
  • Realtor.com listing
  • Displayed on over 4,000 websites
  • Lock box for agent showings
  • All standard/required real estate forms
  • Comparative market analysis (CMA)
  • Yard sign and flyer box
  • Unlimited custom flyers
  • Multiple digital photos of property
GET STARTED NOW!

BUYER SERVICES

  • Custom Home Search
  • Full Service Agents
  • Offer Presentation
  • Preparation of Documents
  • Negotiations
  • Coordination of All Inspections
  • Coordination with Escrow Agent
  • Telephone Consultation
  • Property Evaluation
GET STARTED NOW!

Terry McDonald ‐ Owner • Broker • REALTOR®
Helping Buyers and Sellers Get it Done Right!


After 20 years of running his own custom home construction and Real Estate development companies, Terry changed careers in 2006 and concentrates solely on helping buyers and sellers with their real estate needs. Employing his vast amount of knowledge and experience on your behalf will give you an advantage in your search for a new home or sale of your existing residence. Terry is currently a member of the Top Producers Council and frequently exchanges thoughts and ideas of our current market conditions with other Top Producers. We are confident that Terry will be the Real Estate Professional that you are looking for, offering the total package when it comes to knowledge, experience, and professionalism in the Real Estate marketplace. Terry will work long hours to accomplish all of your goals and provide service beyond your expectation. Terry looks forward to meeting you in person to discuss your Real Estate needs and helping you to achieve them.


Phone: 919-342-5230      Email: Terry@FlatFeeNC.com

TESTIMONIALS

Buyers and Sellers have positive things to say about Flat Fee Realty

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REAL ESTATE AGENTS

What buyers and sellers should know about working with real estate agents.

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RELOCATION

Relocating to North Carolina and the Triangle? Here are a few things you should know.

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JOIN OUR TEAM!

We're looking for the next Top Producer. Consider working with Flat Fee Realty.

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HOME VALUE ANALYSIS

What's your home worth? Get a free home value analysis here.

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RESOURCES

Look here for links to information useful to buyers and sellers alike.

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Three Reasons Why For Sale by Owner (FSBO) in the Triangle Probably Won’t Save Money

Posted on December 18, 2014 by imusocialmedia

FFR- Dec 15 Pic- MarkMoz12The average Triangle homeowner who is considering selling a home without help probably isn’t dreaming of becoming the next top real estate agent. People soon realize that it is very challenging to guide a parade of strangers through their home, giving up entire weekends to host open houses, or conducting heated and stressful negotiations with buyers, agents, or the ever present attorney. People marketing their homes as For Sale by Owner (FSBO) are looking for one thing: to save money for their next home.

The simple fact is that selling a home by owner probably won’t save much money.

Flat Fee Realty explains why with three important reasons:

  • Most sellers don’t know how commissions actually work: Usually, the commission charged by the listing agent (and typically paid by the seller from their proceeds) pays two agents. A portion of it is paid to the buyer’s agent, since most of the time (but not always), buyer’s agents work at no charge to their buyers. The commission split is typical for services rendered. This is a major area where FSBO’s will start to see their potential savings erode. Savings can be cut in half by simply offering a standard 2.5-3% commission to buyer’s agents.
  • Agents don’t work for free: Real estate agents are supposed to put the best interests of their clients first. This means that if an agent finds a home that is a fit for their clients, the amount of commission, or lack thereof, should not be a major ingredient. Unfortunately in practice, it doesn’t always work this way. Simply put, a seller who does not offer a commission to the buyer’s agent may just not get the home shown as often.
  • Look out for falling purchase prices: Lack of a seller-paid commission up front means that the commission becomes part of the ensuing negotiations, creating a potential headache (and maybe extra expense) for the buyer’s agent and their clients. Often, this translates to lower offers and ultimately a lower purchase price, because buyer’s will use the fact that they may now have to pay commission to their agent as a negotiation point to lower the purchase price of the house.

FSBO sounds like a great strategy in theory. Instead of using a real estate agent, sellers think they can save thousands of dollars. Unfortunately, this idea doesn’t go as planned for the vast majority of sellers, especially when potential buyers are represented by knowledgeable experienced agents.

Before deciding to sell by owner, it makes sense to sit down with an agent from Flat Fee Realty and discuss current market data and what to do next.

Want to level the playing field? Whether you’re considering selling on your own or just want to find out what your options are, give the agents at Flat Fee Realty a call today!

All of us wish the Happiest Holiday Season ever for everyone and a Prosperous New Year!

**

This post on selling and buying a home in the Triangle is brought to you by the team at Flat Fee Realty and is intended for informational purposes only. 

The Future of Real Estate! 

Flat Fee Realty 

919 342 5230

Contact Us

Terry@FlatFeeNC.com

Photo: MarkMoz12 / Foter / CC BY

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