what is the current commission rate for listing and selling a high-quality desirable home in glen cove?

Mickey
Other/Just Looking
Glen Cove, NY

Answers (6)
Ben Greenspan
Agent
Greenvale, NY

The commission rate is negotiable between the seller and the Realtor. If any Realtor tells you differently, they are not being truthful. You have to compare companies and services. You have to evaluate the marketing plan of each Realtor to see who is giving you the most services and the most exposure.

An above average commission rate actually increases the odds your home will sell quicker and for a higher price. If you would like a more detailed explanation of this give me a call.

Ben Greenspan
Century 21 - Laffey Associates
516-375-1943

Wed Aug 19 2009, 19:04
Kathy Orioli
Agent
Glen Cove, NY

Mickey,

The current commission rates range from 4 to 6 percent these days. The rate is usually determined between the seller and the listing agent.
There are several factors that contribute to determining the commission rate. Motivation and urgency are some of the factors to consider when determining a commission rate. A good agent can help to determine what the best selling price and commission rate would be for the property.

I hope this helps,

Kathy

Wed Aug 12 2009, 20:57
Fred Romano
Broker
Connecticut

Mickey,

Gail is very wrong!

It is NOT against the law to discuss commissions! We can talk about it all we want. What we can't do is band together and try to price fix. The average commission is about 5.2%, but many agents insist on 6% or even more.

But you can also save about 1/2 the commission and list with a flat fee company. They will get you the same online exposure as most agents. you'll need to show the home yourself, and work with your attorney to negotiate the offer. But if you have some experience selling, you could save a bundle!

- Fred Romano

Web Reference: http://ctflatfee.com
Mon Apr 13 2009, 19:49
Anna Brocco
Broker
Williston Park, NY

Commission is negotiable between you and the agent of your choice. Do keep in mind that low commission brokers in most cases is all that they have to offer.

Anna
917-576-5376
abrocco@laffey.com

Mon Apr 13 2009, 19:15

Mickey

What Mrs, Gladstone said is 100% correct. There is no set
price and you can shop around this is a very serious matter.
Pre-screen prospective agents. The difference
in hiring a real estate agent that merely lists your home versus hiring a
real estate agent that actually markets your home to sell quickly.
If you have additional questions or need an agent feel free to call and direct them to me.
My Direct # 347-813-1290.
Here is my website http://fajardodelacruz.realtors.officelive.com
or my e-mail delacruz.fajardo3@gmail.com
Hope to hear from you soon.

Mon Apr 13 2009, 18:15
Gail Gladstone,...
Agent
11743
FIRST ANSWER

Discussion of commission rates is against the law. Every Realtor sets their own rates based upon what their perceived value is and the extent of their services, the projected marketing time and cooperation with other agents.

A Realtor should be hired based on their written marketing plan, experience, knowledge and focus on cooperating with other Realtors.

Web Reference: http://GailGladstone.com
Mon Apr 13 2009, 15:11

Didn’t find what you were looking for? Ask a question!

Search Advice

Ask a question

Got a real estate question? Get answers from locals, experts and real estate pros.
Ask
Email me when…

Learn more

View all » 1 - 3 of 28
Copyright © 2009 Trulia, Inc. All rights reserved.   |   Fair Housing and Equal Opportunity
Help us improve our service—send us feedback