Results 1 to 8 of 8
  1. #1
    Walk On
    Points: 7,225, Level: 25
    Level completed: 35%, Points required for next Level: 325
    Overall activity: 0%
    Achievements:
    Veteran5000 Experience Points

    Join Date
    Nov 2007
    Posts
    169
    Points
    7,225
    Level
    25
    Thumbs Up
    Received: 0
    Given: 0

    Realtor Listing Fees

    Do all require 6-7% or are there agents out there that dip down to 4-5%?

    Thanks



  2. #2
    All-Star
    Points: 33,839, Level: 56
    Level completed: 66%, Points required for next Level: 411
    Overall activity: 0%
    Achievements:
    25000 Experience PointsVeteran

    Join Date
    Sep 2009
    Location
    Cabot, AR
    Posts
    1,676
    Points
    33,839
    Level
    56
    Thumbs Up
    Received: 0
    Given: 1

    Re: Realtor Listing Fees

    not a realtor, but in general you'll get what you pay for - if a realtor feels like you are getting their services on the cheap, then the marketing of your property will likely be on the cheap - my suggestion in this market is research and find the best realtor out there in your area. the 1 or 2% will likely be a quicker sale for a better price than if you went with a flat fee or someone that is willing to discount the listing just to get the business



  3. #3
    Hall-Of-Famer
    Points: 45,882, Level: 66
    Level completed: 24%, Points required for next Level: 1,068
    Overall activity: 0%
    Achievements:
    SocialVeteran25000 Experience Points

    Join Date
    Mar 2006
    Location
    Plano, TX
    Posts
    3,797
    Points
    45,882
    Level
    66
    Thumbs Up
    Received: 1
    Given: 16

    Re: Realtor Listing Fees

    Exactly what I was going to say. If someone talked you into taking a percent or two less at your job, would the work reflect it?


    "It is the nature of man to rise to greatness if greatness is expected of him."
    John Steinbeck

    XBOXLive: MNclone
    PS3: JHudd23
    Twitter: JasonAH

  4. #4
    Hall-Of-Famer
    Points: 71,843, Level: 83
    Level completed: 24%, Points required for next Level: 1,307
    Overall activity: 2.0%
    Achievements:
    Veteran50000 Experience Points
    cyfan964's Avatar
    Join Date
    Oct 2006
    Location
    4 blocks from the Jack
    Posts
    4,540
    Points
    71,843
    Level
    83
    Thumbs Up
    Received: 62
    Given: 152

    Re: Realtor Listing Fees

    Wayne,

    If you offered the realtor a discounted rate on a satellite and installation I bet you could get that 1-2% discount on a good realtor.

    In all honesty after trying to sell a property "for sale by owner", it's worth it to find a good realtor and pay them what they ask. The process is so much easier.



  5. #5
    Starter
    Points: 13,115, Level: 34
    Level completed: 67%, Points required for next Level: 235
    Overall activity: 1.0%
    Achievements:
    Veteran10000 Experience Points
    SwirlingFloater's Avatar
    Join Date
    Dec 2008
    Location
    West Des Moines
    Posts
    619
    Points
    13,115
    Level
    34
    Thumbs Up
    Received: 9
    Given: 257

    Re: Realtor Listing Fees

    Don't haggle on the 6 or 7% but if a potential buyer comes in with an offer that is lower than you want to accept, you can pressure the agents to lower their commission in an effort to close the deal.



  6. #6
    Rookie
    Points: 23,704, Level: 47
    Level completed: 16%, Points required for next Level: 846
    Overall activity: 3.0%
    Achievements:
    Veteran10000 Experience Points
    cyflier's Avatar
    Join Date
    Apr 2006
    Posts
    574
    Points
    23,704
    Level
    47
    Thumbs Up
    Received: 47
    Given: 39

    Re: Realtor Listing Fees

    Quote Originally Posted by waynemorgan View Post
    Do all require 6-7% or are there agents out there that dip down to 4-5%?

    Thanks
    You usually get what you pay for. Lets say you list for 5%. Your listing agent will split it with the buyers agent 50/50. When showing houses the buyers agent will look at what % they will be getting(it shows this on the MLS). If they are showing a bunch of houses that are similar, the agent is less likely to show yours if there are similar houses paying a better percentage.



  7. #7
    All-Star
    Points: 42,920, Level: 63
    Level completed: 98%, Points required for next Level: 30
    Overall activity: 0%
    Achievements:
    Veteran25000 Experience Points

    Join Date
    Apr 2006
    Posts
    1,393
    Points
    42,920
    Level
    63
    Thumbs Up
    Received: 42
    Given: 24

    Re: Realtor Listing Fees

    Quote Originally Posted by waynemorgan View Post
    Do all require 6-7% or are there agents out there that dip down to 4-5%?

    Thanks
    We only paid 5% on the sale of our house (3.5% to the buyer's agent, 1.5 to mine).


    I am a patient boy. I wait, I wait, I wait, I wait...
    http://www.mapcon.com/US-EN/CMMS-Software

  8. #8
    Rookie
    Points: 9,795, Level: 29
    Level completed: 75%, Points required for next Level: 155
    Overall activity: 5.0%
    Achievements:
    Veteran5000 Experience Points

    Join Date
    Apr 2006
    Posts
    357
    Points
    9,795
    Level
    29
    Thumbs Up
    Received: 0
    Given: 0

    Re: Realtor Listing Fees

    Sounds like a bunch of realtors replying...
    We tried for four years to sell our house, tried FSBO, tried a 3% listing that sucked, tried a 7% listing that sounded good, but didn't even get an offer, finally found a guy who ran his own private realty, only charged us 4% to sell, 3% to buyers agent, 1% for him. He then waived that 1% for himself since we used him to buy our new home. He sold our house.
    So just find a good agent.



Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
  • TV: FOX
  • Iowa State vs. Baylor
  • September 27, 2014
  • 07:20 PM