What Are the average Realtor Fees Anyway?

Homes For Sale In New Braunfels Tx By Owner - What Are the average Realtor Fees Anyway?

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The best way to ensure that the sale of your home goes successfully is to procure the services of a pro real estate agent. Of course, you can all the time try to sell the home on your own, but this is legitimately not something for the faint of heart. However, one of the things you must do if you rule to go with a realtor is pay their realtor fees. The average realtor fees may vary from realtor to realtor so it is prominent to do your research to find the best deal.

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Homes For Sale In New Braunfels Tx By Owner

First of all, you must understand that it is the seller, not the buyer, that pays the realtor fees. Usually, the average realtor fees are based on a division of the final sale price of the house. The most base average realtor fees are 6% with 3% of that going to the selling agent and 3% going to the buying agent. Again, it is the wholesaler that pays this, not the buyer. However, these realtor fees are not written in stone. There are some real estate agencies that will allow their agents to negotiate their commission to some extent. Unfortunately, most will not. Most brokers naturally will not allow their agents to cut their commission in order to make the sale, and even if they do, most agents are not willing to do so. Don't take this too lightly...a inequity in 1% can be the inequity of some thousand dollars. For example, if your house sells for 0,000 and you were able to negotiate your commission down from 6% to 5% then you just saved yourself ,000 dollars.

While the average realtor fees are ordinarily 6%, another option which will save you even more money is to use a flat fee listing service. However, this is only an option if you are willing to sell your home on your own. With a flat fee listing service you will pay a one-time fee to have your house listed in Mls and you will not have to pay a division of the sale at all.

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