Catherine Sorrentino

Commissions are negotiable, it's true. But as competitve as the current market is, offering a low commission could possibly effect the response you will get from Buyers agents. With many listings to compete with, not only is a competitve listing price important, commission amount does matter as well. Real Estate professionals work very hard for their money, and must spend a great deal of time and effort to make a living. 100% of our efforts are on speculation, with a very low % actually coming to fruition- getting paid for our efforts ( not to mention the money we spend on travel and advertising). Would you feel comfortable if your boss or employer wanted to negotiate your salary with the thinking that something is better than nothing?

As to % amount, as I stated, commissions are negotiable. But suffice it to say that 6% is the norm, with 5% being acceptible. - Tue Jun 23 2009, 18:06