when you interview Realtors (and interview a lot of them), ask them to bring a written marketing plan. If they don't have one, don't waste your time.
Under New York State Real Property Law, all comissions are negotiable. It is also not appropriate to discuss comission rates in public, nor may agents collude in setting rates. The Federal Government has been watching this recently and all Realtors must comply.
Having said that my suggestion is to focus on the Realtor and the company behind them, rather than the fee. Regardless of the negotiated rate, if the agent does not have the marketing skill and the technical knowledge to sell your property in a professional way, plus their firm does not have the resources to support them, you are wasting your money. This is a tougher market than we have seen in the past few years, and right now experience counts. Even if you end of spending a few extra dollars, it may be well worth it in the long run! So look at the big picture, interview several agents and you will know when you have found the right one!
The thing is you can hire a really bad realtor for the same price as a really good realtor.
So my advice to you is don't worry about the commission, focus on interviewing the right Realtor for the job.
If you are interested, you can contact us.
We are the Luis Fernandez Sales Team at Keller Williams Realty.
The greatest answer in the world, it depends. :)
So what would be a good commission for a consumer to negotiate? Let me take a guess before you answer that!
What ever that consumer feels comfortable paying, how did I do with the answer
It is against the law for brokers/agents of different office to come together and decide they will be charging a set commision.