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Top Facts about Compass Realty

This post may contain affiliate links. Read full disclosure.

by RAKI WRIGHT

A growing family may mean that your current accommodation no longer meets the needs of each person. It could be that you are out of bedrooms, or that you want to relocate somewhere with better quality schools.

The use of a realty company can help to streamline this process. One such company you might have heard of before is Compass Realty.

By educating yourself on some facts about this business, and how they conduct themselves, you may feel more inclined to approach them for support in moving home.

Initially, you may want to make sure that the company you choose to use is stable so that you are able to make the most out of your money and get the results you need. The use of a real estate brokerage firm that is secure and still making profits could help to put your mind at ease.

Knowing that Compass has been in operation for about 10 years could also give you some level of reassurance. This means that they are an established, legitimate business, especially when you factor in that they have offices all over the United States. It could be useful to speak to one of their agents to see how Compass can support your move, as well as to gain the answers to any questions that may cause you to be hesitant.

Compass also decided that the more traditional ways of buying and selling homes weren’t for them. Instead, you may want to take note that they built a mobile app to make things easier for both their staff and clients. This can enable you to search for your new home, and look up pricing information, from your smartphone or tablet. As a parent, you might need to find that new home, but that doesn’t mean you have all the time in the world to do so. The luxury of being able to pick up and put down your searches, and store them in an app, could be a great tool for the busier Mom.

The company operates on a commission basis. This means that Compass, as a brokerage firm, gets the money for the sale. From this, the individual who closed on it would then get a percentage. This may be around 5 or 6% depending on the state. While this may not seem like a large amount when you factor in how many homes are bought and sold each year it can quickly add up to a decent income. This differs from a pyramid scheme by not asking the individual to invest or bring in others and is a common aspect of the real estate industry.

Using Compass for selling your current property and buying a new one could help to reduce some of that stress. By discussing your family’s needs with the individual you work with, they may be better equipped to source properties that might work for you. You can also simultaneously utilize these services to find a buyer for your existing home.

Related Posts:

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  • Top five places to find real estate jobs online
  • Factors to Consider Before Hiring Real Estate Agents to Sell Your Home
  • Investing In Real Estate In 2022 – 3 Quick Ways To Record A Profit Easily
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Welcome! I'm Raki. I am a working mom of 2 (22-year old son and 15-year old daughter). I share tips to balance work, family, and make time for you. More...

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