This is a great question. As most of the time when dealing with real estate there truly isn't a black and white answer because each property and price range is different. A generic answer would be 3% however there are many properties selling over list price. The best thing for you is to sit down with someone like myself and go over the exact numbers for your exact property and location in Venice. If you would like you can call me at 310-488-3415 and let's see if I can help.