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Reply to "Help me with the basics - hiring agent to sell our house and asking for discounted commission"
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[quote=Anonymous]In traditional listing, I have seen rates as low as 4%. Seller gets 3%, Buyer gets 1%. But you can get 3% if you don't mind doing the selling/marketing yourself and still get on the listing (MLS). You pay about $500 and sign up with an independent broker like Fairfax Realtor. This will guarantee that you will get on MLS websites like Weichert, Long & Foster, etc. The 3% goes to the buyer's agent. Otherwise there is no incentive for them to show your house. Get a good real estate lawyer to help with the contract. [/quote]
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