Sorry to tell you that there is no standard fee, actually by law there is no standard fee. Each brokerage/listing agent negotiates with each Seller/client the appropriate fee, which may depend on
the work the brokerage/Agent intends to do for a particular home, some need more some need less
work, advertising, open houses, marketing etc., they are similar but definitely not the same at all.
And with everything else in life, you usually get what you pay for, but most important is to discuss
the commission % with the Realtor, ask what the services include, and remember each agent may have a set fee for his or her efforts to market, advertise and service a listing and they will usually state to you what they charge and I agree with them, not to negotiate on those..... Here is my advice to you the home seller..... A. do you negotiate fees with your Doctor? or Surgeon? B. But most importantly I think is that you hire the listing agent to do many many things on your behalf to get your home sold, in that process at one point you Realtor Listing agent, WILL NEGOTIATE THE SALE PRICE AND TERMS WITH A POTENTIAL BUYER ON YOUR BEHALF AT THAT POINT you do want him or her to be firm and negotiate as hard as possible with the other side, NOW you want the agent who had a firm commission rate for his or her services RIGHT?
Good Luck to you
Edith YourRealtor4Life & Chicago, North Shore & Northern Illinois Expert
Working always in the very BEST interest of her clients, Buyers, Sellers and
Investors alike....And always with a SMILE :)
Covering for @Properties Chicago & suburbs, and with her trusted Partner
Agents US & world wide properties. French, German, some Spanish &more EdithSellsHomes@atproperties.com or EdithSellsHomes@gmail.com
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HAVE THE MOST WONDERFUL DAY :)