Home Selling in 49507>Question Details

Roger, Both Buyer and Seller in Grand Rapids, MI

What is a typical commission rate in grand rapids, mi for a house in alger heights?

Asked by Roger, Grand Rapids, MI Wed Nov 14, 2007

I am looking to sell this comming spring and what to know what a typical rate would be

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Joe Sirard’s answer

In today's market and the economy everyone wants to save money and I'm all for it. But be careful, because you want to save money but not lose value in what you are paying for. At ListTrue we offer a variety of programs to save out sellers a Ton of MONEY. In 2012 we saved our sellers approxiamtely $156,892.00 from traditional Realtors. We offer programs that regardless of your experience in home selling you will sell. We have one of the most agressive marketing programs that will expose your home to all major Internet searches not to mention at the top of the website search lists. So if you want the best Bang for your Buck then don't hesitate to shoot me an email at joe.sirard@listtrue.com and I would be more than happy to sit down and show you how you can save $$$$$. Oh and if you buy another house we have BUYERS REBATES!!!!
0 votes Thank Flag Link Thu Jan 10, 2013
what is the average commision on a 200,000 home in grand rapids mi
0 votes Thank Flag Link Mon Nov 26, 2012
Openly discussing commissions??
0 votes Thank Flag Link Thu Jul 19, 2012
5% is what we offer out sellers all the time. Upfront without you having to "haggle" with us. Full service, great results!! We also offer a $1,299 plan that can save you thousands!!! Check out http://www.ListTrue.com for more details.
0 votes Thank Flag Link Thu Jul 19, 2012

A typical rate is 6% . Some agents ask for 7%. There are brokers that will put your home on the market for $500 but then you do all the work. It would be good to interview a few different realtors and have them offer their program and fee's would be. I would be happy to work with you.

Steve Dykstra
Midwest Properties of Michigan
0 votes Thank Flag Link Wed Jan 4, 2012
Rates depend on the value of the home you are selling--nobody selling a home worth over $250,000 pays 6 or 7 percent. We sold our home in East Grand Rapids($775k) last year and paid 4 percent, from a well known, highly agressive agent/firm who sold our home for top price in less than 45 days. We shopped around for an agent, and got various rates from 4-5 percent. It's all very negotiable--if the agent feels he/she has a good prospect of selling quickly, they will cut their fee.
0 votes Thank Flag Link Thu Aug 21, 2008
Commission rates, like other service products are affected by supply and demand. As more real estate agents entered the market within the past decade, commission rates trended downward. Within the past 18 months, the challenging economic environment in Grand Rapids, MI has forced many agents out of the real estate industry. Those who remain, will charge for services based on what they provide and what a potential client is willing to pay.
In the Grand Rapids, MI area commissions can range from a few hundred dollars to 6 ~7% of the listing price of the home. If you choose to opt for a discount broker, make sure you ask what you are paying for.

Also demand proof and ask for access to people who have successfully Sold their homes when you're comparing Rates with all real estate brokers.

Exposure and professional marketing are huge issues when you're competing with 12,000 homes for Sale. If all you're receiving is the placement of your home on the Multiple LIsting service...well, $500 is A LOT of Money to pay for Data Entry which takes approximately 10 minutes.

Be A Wise Consumer...In this Market, you really do get what you pay for...
Web Reference: http://www.auduhomes.com
0 votes Thank Flag Link Fri Jan 11, 2008
There is no typical commission rate. All commission rates are negiotable.
Web Reference: http://www.northropteam.com
0 votes Thank Flag Link Wed Nov 21, 2007
Hey Roger,
I hope that you are finding all of our real estate information helpful on Trulia. I agree with the other two ladies about commission rates in Alger Heights. Commission is based on what you are willing to pay for and like anything what you pay for is what you’re going to get.
Have a great holiday,
0 votes Thank Flag Link Wed Nov 21, 2007
6-7% would be accurate. Keep in mind as a buyer or seller you get what you pay for. Lowere commissions mean less marketing and a lesser chance of getting your home sold. We all rely on other Realtors to help sell our properties. If we have nothing to offer the buyers agent we will get nothing in return.
0 votes Thank Flag Link Sun Nov 18, 2007
Hi Roger,
Commission rates can vary from a discount broker who doesn't market your property at 4% and simply puts it on the MLS... to 6/7% agents who are actively marketing your listing in the marketplace and able to offer a buyer's agent 3-3.5% to sell your home.

I'd love the opportunity to present my marketing plan for you this coming Winter/Spring.
-Dana Iler
Keller Williams Realty
Web Reference: http://www.DanaSellsGR.com
0 votes Thank Flag Link Wed Nov 14, 2007
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