how much does a realtor charge to sell your house?

Answer 1

The simple answer is 5-7% of the purchase price unless you list with a flat fee broker.

There are many real estate brokers moving into flat fee arrangements. This means that you can typically find an agent to list your home and put it into the MLS (that is how most homes are sold, by the way) for as little as $299. You would have to pay 2.5-3% of the purchase price to the agent who brings the buyer.

Some flat fee agents offer many of the traditional services. Some do not. You need to ask and learn about today's market which is extremely wicked just about everywhere. In my area of Illinois where I live brokers are selling less than 50% of the homes they list. You may have to think about "creative financing" right now, that is, you might have to finance the down payment or make some other agreement with the buyer. This is not new to real estate. Back around 1980 the interest rate was 18%! Can you imagine trying to sell a home in that market?

Curious about discount real estate brokers and agents?
http://www.flatfeerealestateguide.com

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Answer 2

That depends on location, price & condition, reasons for selling etc. I am a realtor in Ocala Florida and our basic commission is 6%. It can be higher if someone is in dire need to sell which would create interest on the behalf of the realtors to show it.
In NY we used 6% as a base but did higher and lower depending on similar criteria.
Remember, realtors don't make a penny till they close your house but have to put out a good chunk of change for marketing and take the risk of not getting a penny back.
I know that I am biased because of my occupation but I would never even consider a for sale by owner even though I could do it with all the connections that I have. They are extremely dangerous and often end up shipwrecked. I would recommend that you let the realtor price your house and listen to their advice. Give them the tools to market your house as aggressively as possible for the most amount of activity in the shortest period of time to get the best possible price for you. Do yourself this favor so that you don't end up like the rest of the gazillion houses on the market that are sitting and waiting for the buyer to pay for their overpriced turkey!
There are lots of companies out there that say they will do it for less. A word of caution---you get what you pay for!!! Use a full service company and a large national agency. Coldwell Banker, C-21 , Remax etc. They have the resources to give your house a lot of areas of exposure to the GP.

Answer 3

It might depend on what realtor you use, but I worked for Century 21 for 5 years. They charged a 6% commission free. So for example, if your house sells for 100,000, they would get $6,000 of that.

Answer 4

Realtor is 3-7%.
www.forsalebyowner.com is a flat rate till the house sells. They include everything you need.

Answer 5

usually 3 to 6% of the selling price

Answer 6

Realtor fee's are negotiable.

Answer 7

usual fees are 6 to 7 percent of the selling price.

Answer 8

See a ReMax agent and bargain with him or her. It used to be 6% but its lower now because of all the competition and its a buyers market.(Lots of house for sale.) I would go ReMax though because they are full time agents.

Answer 9

Sounds interesting

Answer 10

3-6% per agent