Home Selling in New York>Question Details

Nancy, Other/Just Looking in Outside U.S.

What do real estate agents generally charge in the Kingston NY area?

Asked by Nancy, Outside U.S. Sun Feb 19, 2012

Thinking about selling a home in Kingston and just wondering on average what the commissions are.

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Answers

4
Please do not select an agent based on commission or you could be doing yourself a terrible injustice.

Interview 3 local agents and the marketing program they have to offer. Make sure there is a connection with the agent. Ask for 3 referrals (previous clients) and call them for references.

It is a different market today and you want to make sure you have the best possible exposure for your home in order to get it sold. Today 90% to 94% of shopping for homes start on the internet and you want to make sure your home looks good and has maximum exposure.

All the best,

Nina Harris
Web Reference: http://ninaharrishomes.com
0 votes Thank Flag Link Mon Feb 20, 2012
Commissions are always negotiable between you and your agent, there are no set standards as it would go against/violate Federal Laws, and not sure why the broker below chose to violate the law, by stating a specific % as standard; therefore interview in person a few local agents from different realty companies, then choose the one you like best and who has the most to offer; choose your agent with care and not by commission alone.
http://www.justice.gov/atr/public/div_stats/276198.pdf
0 votes Thank Flag Link Mon Feb 20, 2012
Hi Nancy,
The standard NYS commission is 6% of the total selling price. This can vary slightly depending on the specific situation. Please feel free to call me at 718-773-0533 and i will go over all of the details with you. You can also see all seller closing costs here on my website, http://www.bhtalrealestate.com/resources/closing-costs/

Shoshana Tal
0 votes Thank Flag Link Mon Feb 20, 2012
Nancy,
Commissions by federal law are negotiable. If an agent says, X% is customary, normal or expected, they may be accused of attempting to price fix. We live in a competitive age and there are more business models out there than ever before. Just don't believe that if you are paying agent “A” less than what agent “B” wanted you are getting a deal. Not all discounts are a good deal and not all higher priced agents are necessarily worth it.
Seek out some referrals from people you know that were happy with the services they received. Interview a few agents and seek out the best one possible. If they are highly skilled and less expensive than another agent, good for you.
A good agent will be worth more than what you pay them, a bad agent will cost you way more than just a commission. Focus on skills over price. Best of luck.
0 votes Thank Flag Link Mon Feb 20, 2012
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