What percentage do estate agent generally charge when u sell your home?

Question

in the UK........

Answer 1

In the UK between 1% and 2% generally for sole agency. Joint or multi-agency can be up to 3%

Answer 2

In most places in the US, 6% commission is customary. 3% of that goes to the buyer's agent.

Discounts are possible with some agents. Discounts are possible if there is no buyer's agent.

Beyond a 6% commission, you should NOT have to pay for anything (to the agent). It's an agent's job to "front" the money for signs, ads, etc. Upon sale, the 3% s/he gets paid is enough.

Repairs to your house, etc., are (of course) your responsibility.

Note: Recently, some agents have been using a "fixed fee" model where they get paid the same amount, no matter the sale price. This is unusual and, as you'd expect, a bad idea (the agent has no incentive to get you a good price). However, if you want to do this, it should come out to be approximately 6% of the sale price. Also, keep in mind that buyer's agents will still expect the 3%.

Answer 3

depending on where you live, the most common charges can be from 3 to 6 pct. This is negotible from the start. With the housing market in a slump, 3% is the going rate now, I wouldn't pay, and don't sign an exclusive contract as well.

Answer 4

In my area it is usually 6-7%. Some times you can negositate an amount down.

Answer 5

6% is standard in the North East US

Answer 6

from 5% up I would say it depends on whether you have put the property into one or more different agents

Answer 7

there is no set amount... that would be considered "price fixing", which is illegal.

real estate fees are negotiable, and you do get what you pay for!