There are basically three types of Real estate agents:
- Discount Real estate Agent
- Flat Fee Agents
- Fee For Service Agents
Discount Real estate Agent
They are standard-fee brokers but their real estate commissions are negotiable. They charge lower commissions than other realtors.
Flat Fee Agents
"Flat-fee MLS refers to the practice in the real estate industry of a seller entering into an "à la carte service agreement" with a real estate broker who accepts a flat fee rather than a percentage of the sale price for the listing side of the transaction."
Source - Wiki
Fee For Service Agents
Fee-for-service (FFS) is a payment model where services are unbundled and paid for separately. In health care, it gives an incentive for physicians to provide more treatments because payment is dependent on the quantity of care, rather than quality of care.
Source - Wiki
Buy House in Clifton NJ : http://www.realtorberyl.com/buy-house/