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In My Neighborhood in 11369 : Real Estate Advice

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Fri Jul 13, 2012
Patricia answered:
If you ask around, most brokers are, in fact, charging 6% in the East Elmhurst, Astoria, Long Island City area; however, if you give them an exclusive, sometimes they will come down to 5%. Let's face it, if a broker is doing his or her job properly, they need to market your property and that can become quite costly, especially in any of the five boroughs. Therefore, I don't think 6% is unreasonable considering their out of pocket expense, as long as your property is being properly marketed to generate some interest (i.e. print ads, open houses, posted on various websites). ... more
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