Home Selling in Sudbury>Question Details

Felick, Home Seller in Sudbury, MA

Commission in sudbury

Asked by Felick, Sudbury, MA Mon Nov 2, 2009

What is the typical commission to sell a house in Sudbury? What is typically divided between buyer agent and seller agent? Is there any difference between a Million $ house and a half million $ house? Thanks, John

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Hi Felick,

Great question....however, there is no such thing as a "typical" commission in Sudbury or any town. Due to Anti-trust Laws, marketing fees should not be discussed publicly online. I can respond in generalities though...

A commission (more appropriately known as the marketing fee) is often a percentage of the final sale price, the amount of which is determined by the seller and broker at the time the marketing contract is signed. It is a private matter that can often be negotiated based on some variables that really should not be discussed here.

In order to gain the maximum exposure, marketing agents enter their listings into the Multiple Listing Service (MLS) so buyer brokers can show their listings. The marketing agent will typically offer out a "cooperating broker fee" to buyer brokers who bring "ready, willing and able buyers" to the closing table. The amount of the split can vary although it would make sense that it be 50/50.

So I realize that I have "danced" around your question but my point is that you would benefit by having this discussion with a reputable agent or two. In this market, it is ALL about proper pricing and internet marketing!

Best of luck!!!!

Judy
0 votes Thank Flag Link Tue Nov 3, 2009
John,

How are you? An average commiaaion rate in the Sudbury are ranges from 5-6%, depending on he agency and marketing planned for your particular property. The commission is typically divided 50/50 between the listing agent and the buiyer's agent. There is a difference between a million dollar hous versus and a half a million and thus the marketing has to reflect and reach the different pools and may vary towards the higherprice range when marketing a higher end home. Should you have additional questions or be interested in working with a listing agent, please feel free to email or call directly.

best regards,

Peter Mlaguzi
http://www.petershomefinder.com
peter@petershomefinder.com
6172331476
0 votes Thank Flag Link Mon Nov 2, 2009
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