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
$ 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

Description of service

I sold my house with a local real estate agent. They marketed to property (online and in the paper and local real estate magazines) for me and handled all the particulars to make it easy for me to sell. It cost me 6% of the sale price of my home which ended up being about $9,600.


Review of Service

The service was good overall, but I was in the dark and kept out of the loop more than I liked. However, the house was sold in an acceptable amount of time and marketing was up to par. One negative was having to deal with the homeowners association and getting the resale packet... would've been nice for the agent to have been more helpful in that.


Tips

I would definitely suggest interviewing more than one agent and seeing what each has to offer... don't listen to any lies or gimmicks (like I can sell your house for this enormous amount), but listen to the services they offer. Ask the agent to spell out in writing all marketing services he/she will provide. Also, asking them provide weekly status updates can be very helpful. More than anything else, make sure your house in priced correctly from the beginning.


$ 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