Property Q&A in Blue Point>Question Details

Susan Lacina, Other/Just Looking in New York, NY

What percent does a real estate broker ask for?

Asked by Susan Lacina, New York, NY Thu Jan 8, 2009

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Susan: Unless you're working with a certified buyer representative, the commission is usually built into the price so it shouldn't be a concern. If you hire a buyer's agent to work for you, it is also built into the price and is always paid out of the proceeds. We are not really supposed to speak publicly about our percentages because it could be viewed as an antitrust violation. But if you would contact me directly, I would be pleased to furnish you with any information you require. If you're interested in that property, I could also show it to you.

Good Luck!

Ralph Windschuh
Century 21 Princeton Properties
0 votes Thank Flag Link Fri Jan 9, 2009
Hi Susan,
Most of the time the commision is paid by the seller for buyer agent. If you like to know more about buyer agency I will be happy to explain. I work in the area and I can you assist you in your Home search.. Thank you. Good Luck...
0 votes Thank Flag Link Fri Jan 9, 2009
Buyers agent will usually receive approx. 3% of sale of home PAID BY seller not by buyer.

Listing agent will receive approx. the same.
Web Reference:
0 votes Thank Flag Link Thu Jan 8, 2009
Susan there is no set percentage that a real estate broker asks for. You should interview realtors and outside of the percentage also compare their services being offered. Good luck.
Web Reference:
0 votes Thank Flag Link Thu Jan 8, 2009
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