I'm surprised to see Realtors answering this question the way they have. While your Realtor or broker will require a certain commission, it is against the law for Realtors in any area to "set" a commission rate. Commissions are always negotiable between the seller and the broker.

If you are considering listing your home I would strongly encourage you to consider the service you will receive from your agent before settling on a commission. There are no-service or low-service brokers who will list your home and do little else. They usually sell for a flat fee. In my experience those homes tend to stay on the market quite a while. A full service broker will engage in a goodly number of marketing strategies including listing on the MLS and all associated sites, featuring the home at sales meetings, doing a full market review with you, conducting open houses, and much more. Please feel free to contact me if I can be of further assistance.

Dee,

I am glad you are here! The commission is totally negotiable, however if someone offers you a lower fee to successfully market and sell your home than another agent, I would be curious what they are short changing you on.

With homes taking longer to sell, they require twice if not three times the amount of time and my marketing dollars to get the job done effectively, therefore I have actually adjusted my fee scale to the market conditions. I would say standard fee is around 6 or 7% however I have heard of other top agents that charge 8, 9 or 10% fee.

I would recommend interviewing a couple of agents to see the different levels of service they can provide.

Sounds like you may be shopping for a sharp agent to list your home, would you like me to refer you to other top agents who specialize in your market?

I am not in your area, but if you would like a list of questions to use for interviews send me an email and I can send you some valuable information, which will help you make a great decision.

Best Wishes

Jeremy

The commission amount is always negotiable. Remember, you want realtors with buyers to be motivated with your home and sometimes the amount of commission is very motivating. We realtors, just like you, work very hard for our income, especially today. Also remember you are losing opportunities to buy elsewhere everyday your home sits on the market plus the continued espenses.

there is no standard commission for real estate agents in Michigan (or any other state, for that matter)... and so the answer to your second part of the question would be "no".

Real Estate commission is totally negotiable.