I'm in Indiana.
2006-12-12 07:05:50 · 8 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
Some will try to get you to sign for 7% or more if you are not careful... The percentage is negotiable, but averages around 6%... on the other hand if you find an agent who agrees to do it for too low, he may not be very good and thus your house may not sell... Try to keep it at or under 6% though.
p.s. I am also in Indiana
2006-12-12 07:15:10 · answer #1 · answered by Heatmizer 5 · 0⤊ 0⤋
May depend on state and agency. Prior answers point to 6%. But also remember that as a real estate agent, you're considered self-emplyed. Even though you work for a real estate agency, you're working under the "umbrella" of the agency.
In the US, since you are self-employed, you will need to pay around 50% of your commissions to cover quarterly taxes, insurance, etc.
2006-12-12 15:13:34 · answer #2 · answered by dougzinboston 4 · 0⤊ 0⤋
are you selling a residential home? because you might pay a real estate agency up to 7%. If your asking how much does an individual real estate agent make, well it is usually 25% of that 7% figure or 1.75% of the total sales price. assuming that there are two brokers and two agent involved.
2006-12-13 00:44:23 · answer #3 · answered by smartestmanalive 2 · 0⤊ 0⤋
Normally, 6% of the sales price. If there are two agents, Selling Agent and Listing Agent then they split that
2006-12-12 15:09:27 · answer #4 · answered by Micki 2 · 0⤊ 0⤋
Six percent? Puhleeze! Here in California, where prices are astronomical, five percent is standard, but four and three percent are not uncommon. What the agent gets to keep is between them and their Broker.
2006-12-12 15:28:59 · answer #5 · answered by answermann 3 · 0⤊ 0⤋
In Michigan 6% is typical for a full commission, but anything below that is possible too.
2006-12-12 15:09:25 · answer #6 · answered by hirebookkeeper 6 · 0⤊ 0⤋
Me and my partner here in california ask our clients 7% and we do negoitate because we're worth every penny. But its depends what type of services you want.
2006-12-12 17:08:39 · answer #7 · answered by what tha 2 · 0⤊ 0⤋
6%
2006-12-12 15:13:00 · answer #8 · answered by Anonymous · 0⤊ 0⤋