Steff Posted June 29, 2004 Share Posted June 29, 2004 What's the average, or acceptable, commission for a realitor? Does 6% seem high? Quote Link to comment Share on other sites More sharing options...
Texsox Posted June 29, 2004 Share Posted June 29, 2004 What's the average, or acceptable, commission for a realitor? Does 6% seem high? As a total that doesn't seem too high. Remember, chances are it will be split between a buyer and seller agent. You can negotiate it down if the listing agent is also the buyer's agent. Generally 4-5% is reasonable. You get what you pay for. Go over all the services the agent will perform. Advertising, marketing support, multi-listing, hours of service, any summer vacation plans, etc. Quote Link to comment Share on other sites More sharing options...
Wong & Owens Posted June 29, 2004 Share Posted June 29, 2004 What's the average, or acceptable, commission for a realitor? Does 6% seem high? 6% is pretty average. You can find some as low as 3%, but 5-6% is about the norm. Most realtors will give a discount if the buyer and seller are using the same agent. Quote Link to comment Share on other sites More sharing options...
Chisoxfn Posted June 29, 2004 Share Posted June 29, 2004 Steff 6% total is the avg. 3% to the selling agent and 3% to the buying agent. However, at least in my area a lot of people do 4% or 5% total. If its 4% then typically the listing agent will take 1.5% with the selling agnet getting 2.5%. I don't know though, it may be different in your neck of the woods. Agents don't have to do jack s*** out here to sell a house right now. Also if you end up buying a house from your listing agent, then you should get it done a lot less. Quote Link to comment Share on other sites More sharing options...
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