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Real Estate
Reply to "Real estate commission - what is reasonable"
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[quote=Anonymous]I've sold three houses at different commissions. 1) 10k flat fee (920k sale price) 2) 3% fee (950 sale price) 3) 1% fee (989 sale price) Honestly, the first realtor was the best we've every used, the last was fine and it was a buyer's market. The 3% (we were in a small town and ppl tried to convince us we had to use one of the top agents), did jack sh$t, as I found the buyer myself. Still annoyed. I'm currently involved in a complicated sale across the country, in a semi-luxury market and its turning toward a buyer's market. I'm paying 2.5% which is split between listing agent and the broker who has been handling the renting of the house/dealing with tenants which is its own special hell in los angeles. Normally I would negotiate down but since I'm not on site and its been a complicated process I'm willing to pay for what I hope is turn key service. But if I were to sell my house here today I'd probably negotiate 1.5%. [/quote]
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