2007-03-12 11:59:00 · 4 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
The commission is ALWAYS negotiable so it will vary from Realtor to Realtor. I would say expect to pay between 5-6%.
Good luck,
RE Agent,
Remax
2007-03-12 12:09:59 · answer #1 · answered by frankie b 5 · 1⤊ 0⤋
It depends on what state and in what office you work, not to mention how many parties are involved
Suppose for a second that you work in southern NH (like me) and that your office charges your sellers 5% commissions. If a buyer represented by their own agent purchases the property you know have a 4 way commission split
2 Brokers (selling agency/buyer agency)
2 Agents (seller/buyer agents)
assuming an equal 50/50 spilt each person could expect 1.25% commission of the sales price.
hope that helped
2007-03-12 12:11:44 · answer #2 · answered by smartestmanalive 2 · 0⤊ 0⤋
Between 4-6% for BOTH the buyer's and seller's sides. This varies depending on the skill of the broker, the local market, and the property itself. It may also vary based on who is selling. I once represented 4 brothers settling their father's estate and never worked harder in my life. There's no way I would discount a multiple bene/trustee sale again!
2007-03-12 12:16:56 · answer #3 · answered by sdmike 5 · 0⤊ 0⤋
I work in a commercial real estate brokerage and the common current % is 4-6%.
2007-03-12 12:12:17 · answer #4 · answered by Solorya 3 · 1⤊ 0⤋