Hope that helps,
It only matters what the "average real estate agent sales commission" is if all you're interested in is an "average real estate agent."
Is that all you want? Someone average?
No? I didn't think so.
Interview at least 3 agents. Find one who you think will do an above-average job for you. Someone who'll communicate with you. Who'll provide you advice on pricing. On negotiation. Who'll properly market your home.
Discuss commission with all of them. Once you've selected the one you want to work with, then weigh his/her commission. It may be the same as the "average" commission or the same as the commissions from the "average" agents. If not, and you want to, then negotiate.
But don't worry, at this point, about averages. Go for the best.
Hope taht helps.
I love what I do and I enjoy working with clients so it's worth it for me! They say if you love what you do, you never have to work, right?
Sometimes we see sellers that expect an agent to hardly break even or worse yet not make any money on selling a listing, because they don't understand how much is being spent on marketing their property.
You always get what you pay for. ALWAYS. There are so many local nuances that are unique to each and every local community that you have to be actively working in the market to guide home buyers and sellers. If your agent has an effective formula in place that really works, it will take 1-2%(except maybe higher priced properties that will sit out there longer anyway) to effectively market and sell the property. Now, unless they're planning on being a volunteer and working for free, you have to have 3% on the listing side to make anything or you won't be in business very long.
And if there are similar properties out there when that buyer's agent is looking through the MLS that offer 3% to them instead of say 2.5%, sometimes the lower commissioned property won't get shown. It's just a fact.
Discount brokerages and listing agents only taking 2% will not spend the money and effort on your listing that someone with 3% on the listing side will. It's just that simple. It's not enough to just put it in your MLS and hope that another agent in your area sells it for you. And that's what the majority of discount agents are doing. But it's not doing the right thing by their clients. You ALWAYS get what you pay for.
What you've got to ask yourself is..."In this market, where properties are sitting on the market longer, and buyers are a little wishy washy about committing and signing on the dotted line, do you want to have your property listed with someone that's going to spend more money on marketing or less?"