what is the commission i should expect to have to pay when selling my boston condo?

Xcstar185
Home Seller
Boston, MA

Answers (4)
Nick Gervais
Agent
Boston, MA

Hey Xcstar185,

4-5% is the majority of the commission structure you will see in the city of Boston, with 5% being the most popular. The further West you go (i.e. towards Worcester and Central Mass) you are more inclined to see 6% deals.

RARELY will you see a commission of 6% in Boston, but on occassion it will happen.

And because commission rates are negotiable, its up to you to decide how much you feel comfortable with.

Each agent and broker is different so I would suggest asking around to see who can do what for you in regards to selling your condo AS WELL AS giving you a commission structure you are comfortable with.

Hope this helps! If you have any other questions dont hesitate to contact me!

- Nick

Wed Oct 7 2009, 15:50
Dunes
Both Buyer and Seller
Benton County, OR

Xcstar


Commissions are negotiable

My advice would be to take the time to call as many different Agencies/Agents as possible and inquire as to what they offer in services and what they wish to receive in Commission.

Make a list of those who fall in the range of what you think is fair and begin interviewing so you can decide who will provide the services you require, who you feel comfortable working with and discuss/determine the Commission...You are hiring services, so interview and get everything you agree upon in writing as this is an important decision..

Dunes

Tue Sep 22 2009, 11:11
Ken Lambert
Mortgage Broker
or Lender

Portsmouth, NH

Hello there- The lowest listing commission is usually 3.5%, and that is with a "discount" broker- not that I'm advocating that. It also is based on the asking price of the home. There might be more wiggle room if you have a $800K condo instead of a $210K condo.....

If you have any questions or need any help, please let me know. Thanks, and good luck,

Ken L.

Tue Sep 22 2009, 10:33
Susan Costa
Broker
Westport, MA
FIRST ANSWER

An average commision is set by each individual office. In MA I have seen anywhere from 4-6%.

Speak with a local agent and ask what there rate is.

Tue Sep 22 2009, 10:25

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