learn what other users had to say about

the Cost of Seller's Real Estate Agents

Price 
Location 
Commission 
Submitted by  
Description
$ 17000
May 2008
Holbrook, New York
4 %
Very fast sale with an agent who is into self promotion  more... close row
$ 8400
Mar 2008
Blue Bell, PA
3 % plus 1.5 %
3% plus 1.5% using an MLS system  more... close row
$ 6540
Mar 2008
New Castle, PA
6 %
Experienced and effective seller's agent  more... close row
$ 15000
Mar 2008
Miami, FL
5 %
Realtorprovided valuable services  more... close row
$ 18000
Mar 2008
atlanta, ga
6%
Excellent service helped house sell quickly  more... close row
$ 1500
Jun 2007
Phoenix, AZ
flat fee
Discount real estate service has flat fee  more... close row

Description of service

The service was for a discount real estate service. Rather than taking a percentage of the cost, they get a flat fee for taking care of the legal and financial paperwork while the owner does the selling. The fee covers their work for single family residential house and was split between us and the


Review of Service

It worked like it said on the box. We sold a house we had been leasing out for a while and we finally decided on a price with the people leasing it. We found we weren't really prepared to deal with all the paperwork involved in transferring ownership and the real estate agents we talked to wanted their usual cut, even though the house didn't need to be advertised or shown or whatever. But we found one real estate agent through a friend's recommendation that billed herself as a "discount broker" and was willing to take only a flat fee for closing the deal and taking care of the paperwork.

Took about a week to get everything sorted, but that's not bad for what's involved in selling a house.


Tips

Don't simply accept the real estate agent's assertion that they only do their services one way. If you need something unusual and the first one you talk to won't do what you want, keep looking until you find one that will.


$ 22500
May 2008
Plainview New York
4%
Senior agent better than a junior agent  more... close row
$ 9600
Sep 2007
Portsmouth, VA
6%
Local real estate agent kept me out of the loop  more... close row
$ 11940
Apr 2008
Amarillo, TX
6 %
Realtor's fees regulated by the state  more... close row
$ 0
Jan 2007
Monroe, Wisconsin
6-7 %
House did not sell under agent  more... close row
$ 0
Mar 2008
Stroudsburg, PA
4.5%
Home not sold yet but service good  more... close row
$ 10000
Aug 2007
Park City, UT
5%
Bad housing market makes things difficult  more... close row