Megan Smith, Home Seller in Buffalo State, Buffalo...

what would the comission be on a sale of a 150.000 dollar home

Asked by Megan Smith, Buffalo State, Buffalo, NY Fri May 20, 2011

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8
Negotiate it!! Never a set rate. I would be happy to discuss some options with you.
1 vote Thank Flag Link Fri May 20, 2011
Megan,

There is no "set" commission amount, so it will depend on your Realtor, and what they can do for you. Realtors charge different amounts, because they provide different services (it's definitely not "one-size-fits-all!). I'd suggest interviewing several different Realtors, and seeing what they cost in relation to what they provide. There are a full range of Realtors locally, and all provide different marketing packages. Look objectively, though, as the real number that's important to you is the amount you end up with in your pocket, not the arbitrary commission percentage. A Realtor that can market your house more aggressively, and negotiate a higher sale price for your house may charge a higher commission, but you may end up with more money in your pocket in the end. Conversely, a Realtor that charges less may not provide the same array of marketing and negotiating services, which could result in the house selling for less, and less money in your pocket at the end. Again, there are no set commission amounts, so you'd need to talk to several agents to find out what they would charge.

I would strongly suggest interviewing some agents, and choosing the agent you feel will do the best job selling your house, rather than choosing an agent solely based on commission - too many people fall into this trap! You can always choose to go with the agent who charges the least, but sometimes you get what you pay for!

If you'd like us to meet with you and show you what we do to market homes locally, feel free to contact us.

Jennifer Maxian and Michael Culeton
The Maxian Culeton Team at HUNT Real Estate ERA

Jennifer - (716) 946-6112 - jennifer.maxian@huntrealestate.com
Michael - (315) 402 - 0208 - michael.culeton@huntrealestate.com
0 votes Thank Flag Link Fri Jun 13, 2014
Megan,

Now that you have a range of numbers to juggle, you need to speak to a local real estate professional. If you are selling, ask the Realtor the commission question. Interview and ask more than one before you make your decision. Also, please make your decision on the total package presented to you by the Realtor. There is more to making the choice of Realtor than the price or their services.
0 votes Thank Flag Link Fri May 20, 2011
First of all, Buyer's do not pay for services; The Seller is responsible. Secondly, commissions are negotiable and vary quite a bit with the Market and location. A Real Estate professional can be invaluable to a Client, whether a Seller or a Buyer.
0 votes Thank Flag Link Fri May 20, 2011
Commissions are always negotiable beetween you and your agent, there are no set standards; therefore consider interviewing a few local agents from different realty companies, then choose the one you like best and the one who has the most to offer--choose your agent with care.
0 votes Thank Flag Link Fri May 20, 2011
As has already been pointed out, it depends on the percentage you agree to pay. And that's negotiable. It also depends on whether you go with a lower-commission company, or a discount a la carte company. The figures already provided, though, are a good place to begin.

Hope that helps.
0 votes Thank Flag Link Fri May 20, 2011
Don Tepper, Real Estate Pro in Fairfax, VA
MVP'08
Contact
Depending on the Realtor you use the commission will vary between 7 & 6% Call Queen City Realty Group and we will list your home for 5% and provide quality service with a smile. :)
0 votes Thank Flag Link Fri May 20, 2011
$9,000 at 6%, if you want to offer more, 7% would equal $10,500. If I were listing a home today I would pay more to the selling agent, maybe a bonus of 1-2%.
0 votes Thank Flag Link Fri May 20, 2011
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