quoted 5%, 6% if split, and was wondering if anyone can do better than that, but still be agressive. In a normal market, my home would be an easy sell. It's an extremely well maintained 3BR/2BA ranch on over 3/4 of an acre in Gwinnett County, Mill Creek Schools.
Please let me know as I plan to start contacting agents by the end of the week. Thanks!
Christina - You should offer a commission based on what's customary in your price range in your area...5%...6%...
It's important that you keep the local Realtors happy.
Then consider pricing your home aggressively and offering monetary incentives for the Buyer...a lump sum that they can utilize at closing to pay closing costs or discount their interest rate...
Learn why price reductions of tens of thousands of dollars can be ineffective when it comes to expanding your pool of qualified Buyers: http://www.321advantage.com/sellers-how-it-works
Good luck!
I think you answered your own question when you said "in a good market my home would be an easy sell" - this ain't a good market and nothing is easy to sell. The current market costs everyone more to navigate through, except the buyers - agents, mortgage brokers, sellers, we all take a hit. Commission is negotiable but your ability to negotiate a lower listing commission will be stronger when homes are easier to sell.
I work for free as an online consultant to FSBOs. You get what you pay for. :)
Well I charge 12%, so I must be better than everyone else. LOL
Christina,
You may want to print out the blog attached to the link below, and use it for reference for the interviews.
Christina; Everything in the real estate business is negotiable. Why give away a good bargining chip at the beginning of the listing? Save it until you get an offer,you may need it in this market! Also with discount prices, you usually get discount services.
Christina
the listing agent will receive between 50 to 90 percent of 1/2 of the commission. From tha you need to subtract time, gas, signs, advertisiing, internet sites, open house, and so forth. If your home sells in 90 to 120 days figure out the hourly rate. anything below 6% and you are working with a discount broker and getting what you pay for; discount service.
Good Luck
Oh no! Here we go again......................
Christina - email me the info on your home and I'll give you an opinion
Hank
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