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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

Description of service

Full service realtor who handled the sale of a condominium. Service included listing on MLS, marketing, and coordination of closing. The quoted price reflects a 5% commission rate.


Review of Service

The service provided was excellent. In a very difficult real estate climate, the realtor was able to sell the condominium within 120 days from listing. Many sellers today are attempting to eliminate full service commission by going the "for sale by owner" route. In the end, this can prove to be very costly. In today's market, the advantage of having a realtor to help correctly price your property, and get exposure for to a wider array of potential buyers is critical. In the current real estate world, time equals money. Previously, a slow sale could actually prove beneficial to the seller seeing appreciation was likely during listing period. Today, however, time can prove quite costly.


Tips

It is best to find a realtor via recommendations from trusted sources. Ask close friends and associates if they have had a recent positive experience with a given realtor. Attempt to find a realtor with a specialty in your particular area. Discount services can look appealing, however as stated before in many cases you get what you pay for.


$ 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
$ 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