Why It Works

The Internet has changed the way we look for movies, shop for almost everything, and communicate. Almost all the information we want is at our fingertips. The Internet has made it easy to compare goods and services in the Republic of Panama - and throughout the world.

The Internet has removed many hours of work from both listing a home and selling a home.

Much of the information needed for a listing is right there - on line - easy to access. That saves hours of phone calls, legwork, and research in government offices.

And, with most buyers searching Internet listings before they call to see a house, agents are saved days of taking potential buyers around to see homes that are clearly wrong for them.

An agent's job now leans more toward creating well-written, attractive Internet ads to draw a buyer's attention and showcase the best features of a home. That takes far less time and expense than driving customers around to view dozens of homes. And as you know, ads do not have to be re-written for each buyer.

The wealth of information and the number of photos on line even allow agents to sit down with buyers in the office and narrow the choices before they ever get in the car.

Traditional real estate brokers are beginning to understand the impact of the internet on their business - with over 80% of all home buyers searching on line before they ever meet an agent - but are still resisting changes in their fee structures.

They welcome the time saving features of the Internet, but are not willing to give their customers the benefit of that time saved. This is not just in Panama - but throughout the world.

So why do most brokers continue to charge full commissions? Because they are only thinking about themselves.

But at Flat Fee Realty, we don’t.

Flat Fee Realty offers full service to Panama
real estate sellers and buyers
and up to 70% less cost