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maybesoon
LIF Adult
Member since 9/09 5981 total posts
Name:
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when selling a home -realtor question
How much does a realtor charge (what percentage) ? I know some ppl do For sale by owner to save money, is it worth it to do that?
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Posted 8/19/10 9:18 PM  |
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TNT1005
LIF Adult
Member since 3/10 1110 total posts
Name:
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Re: when selling a home -realtor question
my realtor i think got 2% or3%.
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| Posted 8/19/10 9:35 PM |
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rkoenke
my little piggys
Member since 3/08 4315 total posts
Name:
rachel
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Re: when selling a home -realtor question
4% has been what i have found as standard. they split it 2% to the selling realtor, 2% for the buyers realtor.
others will ask more, but you can bargain wtih them.
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| Posted 8/20/10 8:34 AM |
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Erica
LIF Adult
Member since 5/05 11767 total posts
Name:
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Re: when selling a home -realtor question
Posted by rkoenke
4% has been what i have found as standard. they split it 2% to the selling realtor, 2% for the buyers realtor.
almost everyone quoted us 4% (it was more 5-6% 5-6 years ago)
FSBO says you on commission, BUT buyer's agents may not take their clients to show your house b/c they will not receive any money from the deal. i think that you can do a FSBO, but offer 2% to the buyer's agent. - but that comes down to $8000 for a $400K house. I'm not sure it's worth the agita of doing everything yourself.
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| Posted 8/20/10 9:45 AM |
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JohnGardner
LIF Infant
Member since 7/10 54 total posts
Name:
John
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Re: when selling a home -realtor question
I am a Realtor. Most realtors charge 4%. 2% to the listing agent, and 2% to the agent bringing in the buyer.
Don't risk trying to sell your home by yourself-especially in this market! No question that 4% is a lot of money, but the benefits are worth it.
You'll get listed on MLS. This not only means thousands of agents will be accessing your info, but hundreds of other sites(Realtor.com, Zillow, virtually all the local real estate agency websites, etc.) pick up the info on your house from MLS.
Working with a Realtor will also give you the benefits of a professional who knows what needs to be done and when. Real estate isn't rocket science, but there are things you need to know. Learned lessons in real estate can be costly.
There are other reasons to use a Realtor too. Ask your friends, neighbors and family for recommendations and then interview a few of them. Best of luck!
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| Posted 8/21/10 2:46 PM |
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hanna7636
LIF Adult
Member since 8/06 921 total posts
Name:
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Re: when selling a home -realtor question
We sold our house in January and paid 4%. My realtor was worth every penny. She sold our house in 44 days at an open house.
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| Posted 8/21/10 6:07 PM |
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julz33
i run for bacon
Member since 5/05 20584 total posts
Name:
julz
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Re: when selling a home -realtor question
4%, but we negotiated 3.5% if we sold within 60 days.
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| Posted 8/21/10 7:30 PM |
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conigs25
So in love with this kid!
Member since 5/06 11197 total posts
Name:
Michele
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Re: when selling a home -realtor question
4% is what our realtor is getting
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| Posted 8/21/10 7:59 PM |
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ave1024
I Took The Wrong Road
Member since 12/07 6153 total posts
Name:
That Led To The Wrong Tendencies
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Re: when selling a home -realtor question
4% is standard and fair. Don't pay more than that.
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| Posted 8/22/10 2:46 AM |
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