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Real Estate Agent Commission

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KimberlyScott
Graceyn=My World <3

Member since 10/08

4173 total posts

Name:
Kimberly

Real Estate Agent Commission

What is the current / average commission % in NY/LI right now.

Looking to list a sale.

Posted 6/29/10 1:58 PM
 
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Beth
The Key to your new home....

Member since 2/06

24849 total posts

Name:
Beth

Re: Real Estate Agent Commission

6% is the max

5-4% is average

Posted 6/29/10 2:00 PM
 

JandJ1224

Member since 6/06

5911 total posts

Name:
Jannette

Re: Real Estate Agent Commission

I would say you should be able to get 4%. You should call a few agents to get quotes

Posted 6/29/10 5:58 PM
 

Erica
LIF Adult

Member since 5/05

11767 total posts

Name:

Re: Real Estate Agent Commission

most REA we met with said 4% right away.

Posted 6/29/10 6:53 PM
 

julz33
i run for bacon

Member since 5/05

20584 total posts

Name:
julz

Re: Real Estate Agent Commission

We found the rates were slightly negotiable. it doesn't hurt to ask. Chat Icon

Posted 6/29/10 8:25 PM
 

ave1024
I Took The Wrong Road

Member since 12/07

6153 total posts

Name:
That Led To The Wrong Tendencies

Re: Real Estate Agent Commission

4% is standard... if they are good.

3 and 3.5% may be possible.

Posted 6/29/10 8:33 PM
 

Beth Lowe at Coach Realtors
LIFamilies Business

Member since 4/10

281 total posts

Name:
Beth- Coach Realtors

Re: Real Estate Agent Commission

1st and foremost a legal disclosure.
"All commissions are negotiable"

It depends on what you are looking for.

Full service? Part timer? Just a helper, Flat fee(just put me on MLS and I will sell it myself)

Seasoned Agent, or up and coming.

I would make sure I was comfortable with the agent and agreed with the marketing plan and see if you are comparing apples to apples.
Flat fees start around 1,000.00
Percentage base commissions are always negotiable.

I always believe you get what you pay for, but what do I know. I am just a Realtor.

Loving what I do
Good Luck
Arthur

Posted 6/29/10 11:05 PM
 

ThreeCats
Train Ride

Member since 5/05

3127 total posts

Name:
A

Re: Real Estate Agent Commission

4% (2% for my agent and 2% for the buyers agent) if my agent got the selller than only 3.5%.

but it ended up the buyers had a "buyers agent" and he needed 2.5% so we up'ed the price to cover his extra 1/2 percent.

Posted 6/30/10 4:33 PM
 
 

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