What is the "basic" commission realtors are getting for home/property sales in Spotsylvania Co?

Asked by Clancey, Spotsylvania, VA Wed Dec 16, 2009

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Anna M Brocco, Agent, Williston Park, NY
Wed Dec 16, 2009
Commissions are always negotiable, between you and your broker. It is considered a felony for agents to discuss commissions under the Sherman Act/Clayton Act/Anti-Trust. A discussion could lead one to assume price fixing is taking place. It can carry fines up to $350,000 per individual, up to 10 million per company and possibly up to 3 years in jail. Interview a couple of agents and choose the one you like best. Again commissions are negotiable, there is no set standard.
1 vote
Michael Stra…, Agent, Stafford, VA
Sat Jan 30, 2010
Often times and most logically commission paid is relevant to services offered. Compare your Realtor presentations, communication skills and strong marketing and negotiation skills which can bring you more dollars in price and thereby compensate for the price paid for their services. You have the ability to call the shots, after all you own the property. Make sure however, that you are more than penny wise when evaluating not only the analysis of what your home might sell for but the education, authority and experience of the one you choose to Represent you!

Rebecca Straley
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Direct 540-834-6263
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0 votes
Debra (Debbi…, Agent, Livingston, NJ
Thu Dec 17, 2009
Agents cannot (or should not) answer a question like this - for fear of violating the anti-trust laws. Any agent that does respond with a specific number puts themselves at risk.

All commissions are negotiable.....there is no standard, customary or usual commission.

Clancey - You are best off calling in a few agents to see what they charge and what they offer as far as marketing is concnerned.

Good luck!

PS Becky - you might wanrt to consider deleting your answer..if you are unsure as to why - ask your Broker or check the Real Estate Commission in your state.
0 votes
Amy Stanley, Agent, Manassas, VA
Wed Dec 16, 2009
Hello Home Seller Clancey,
The best way to determine the cost of selling a home, is to interview several agents. Then you can compare more the proceeds of the sale, along with each agents skills and ability......very important aspects of real estate sales. Hope this information has been helpful!

Amy Stanley
Virginia REALTOR
Direct 703-400-6709
Office 703-361-9161
Fax 703-335-6772
Follow me on Twitter.com/amystanley
Specializing in REO & Short Sale Properties
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