My only suggestion to you is - concentrate on what will be offered in the way of marketing - concentrate on the proven expertise of the agent - and concentrate on carefully selecting an agent you have a comfort level with, who you feel will do the best job.
Discuss in detail what you will be getting for whatever commission you and your agent agree to.
Have it put in writing so that you know what to expect.
Interview a few agents, and be an informed consumer.
You will be working with your agent as a team - with the same goal. The commission is only part of the equation.
Best wishes to you.....
Prudential NJ Properties
All commissions are negotiable. I have seen commission rates fro 5% to 7%
7% which is very common right now due to the amount of time that homes are sitting on the market which would take more time to advertise and sell.
A good agent will discuss in detail their marketing plan which will be explained in detail on the strength of the company and the stregnth of the Realtor. Find a strong Realtor with a good marketing plan and price your home correctly and it will sell.
I have never taken a client to homes that have a higher commission first. My clients and the prvicing of the homes on the market dictate what I show to potential home buyers, not the commission.
As Debbie Said, interview a few agents and discuss each on thier plan to get the house sold.
Fred is right, interviewing agents carefully and thoroughly is extremely important. I also believe visiting the agent's office and meeting their broker is important. How the office is managed can be very telling.
Do not be influenced by number of listings an agent has. That can often translate to less time for you or handing you off to assistants.
Also realize that the most effective agents are the ones who will tell you what you need to hear and do to sell your house, not necessarily what you want to hear. These days the truth can hurt but telling you your house is worth more than it really is is only going to hurt you in the long run. Competition is fierce and your agent needs to be able to help you navigate in these tough times.
Be patient in the hiring process and choosy. A great agent can make all the difference in making a very stressful process less stressful.
Best of luck!
Contingency compensation, the model under which real estate agents work, is nearly ALWAYS negotiable. Some brokers do not allow agents to adjust the compensation structure. It is always helpful to the consumer to identify who these brokers are.
I would encourage you to not become distracted to greatly with the compensation but be really focused on the results. Your agent will share with you the delicate balance created in a buyer or seller market, profile of home and strategy to be used to achieve the results most beneficial to you according to your time frame.
My most frequent source of listing homes for sale are those buyers who went the discount route. Consequently, I LOVE DISCOUNTERS. In the overwhelming number of instances they simply add to the cost of selling your home.
Look for results and the strategy your real estate professional will implement to reach buyers in the inter-galatic and grass roots arena.
Best of success in selling your home.
ReMax Realtec Group
Palm Harbor, FL
727. 420. 4041
All commissions In the state of NJ, are negotiable and only payable upon closing. It is ok to negoitiate. Generally we are seeing commissions from 5% to 6%. If you go with a discounted broker you will get what you pay for.
Todays market is complex and you need a seasoned agent to get you through this process stress and worry free. Someone that is there for you and will get the job done in a reasonable time table. That is also a joint effort between you and your agent, you must work together to make this happen with ease........
best of luck to you in you process, should you desire additional information ar have any questions, feel free to ask.
Dave Wainwright, Jr.
Commissions are negotiable in New Jersey. Your best bet is to have us in to quote you a commission fee based on the service you are looking for. I can also do a market analysis on your home at the same time and show you what you can expect with regard to pricing, staging, marketing time, etc. If you are interested, contact me privately and I will be honored to go over our program and pricing.
Century 21 Joe Tekula Realtors
Phone (direct): (973) 584-4235
Coolest map-based home search: http://www.marcpaolella.com
That being said, interview many agents. From big firms to boutiques, agents are different.
But, don't be swayed by fancy brochures. Selling your home is about fantastic information about your home in the form of excellent pictures and a real video.
Also, make sure that the listing agent only works for you. The listing agent should not be the one who also represents the buyer. This is called dual agency.
If the agents you interview don't mention it, kick them to the curb!