Anyone know how much a real estate agent charges to list your property for sale?

1.5% to 7% of the price the home sells for.





MartyAnyone know how much a real estate agent charges to list your property for sale?
Diferent Realtor charges different fees. You will need to check with the Realtor you intend to work with.Anyone know how much a real estate agent charges to list your property for sale?
My experience is 6% split between listing and selling agent (who can be the same person).





It can be done for less because the fee is negotiable but ask yourself this-if you were in RE for a living and could make more money selling one place at a 3% commission than another at 2% which would you try harder to sell?





If you are in a bad market like most of us advertising is going to be key. Those costs come out of the listing agent's commission whether or not it sells.





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Typically around 7%. Seller pays commissions and they are split between the buyer's agent/company and seller's agent/company. Better to go to forsalebyowner.com and sell it yourself. We did that on our last home and ended up only paying 2% to buyer's agent. If the buyers don't have an agent then you won't pay any commissions at all, just the fee to list your house which is very reasonable. You'll get a lock box and you will get listed in the multilist - same thing your listing agent would do but for a LOT less money. Only thing is that you will have to show your own house to prospective buyers and you might need a lawyer to review the paperwork, but it's really not that complicated. We did it all ourselves without a lawyer. Check the laws in your state to see what you are responsible for like title searches, radon tests, home inspections, etc. Laws differ by state. Real estate agents will try to talk you out of using this service but we did and saved 35K.
They traditionally charged 6% of the selling price, with half going to the selling broker, half to the buyers broker.





The commission is negotiable.





There are also flat fee no frills brokers that will just charge you x dollars for a listing, but i have never actually seen one of these.





I dont believe realtors are worth 6%, my personal opinion is to shop around for the cheapest place you can find to put your house on the MLS, I found my last two houses on the internet, and the realtors just try to steer you into something just outside of your price range.





Realtors are loser, and with internet they are becoming more obsolete than ever.
Hello Msshaden,





As a rule a Realtor does not charge you anything up front for listing your property in the MLS if you are using that Realtor as your sales or listing agent. When you sign up your Realtor you can negotiate the percentage that you will pay out of escrow at funding of sale.


However, if you are trying to do a FSBO (for sale by owner) then you will probably have to pay for the listing and any other services that they offer for up front fee. Other services could be a listing on a website, information on legal papers needed and so forth.


In these times it really pays to have people that are interested in buying qualified so you aren't tying up your time and property with someone that can not buy your house. We offer this service for free and can not begin to tell you how much this has helped sellers (also buyers).
I think when it sells they get 3 or 4 %





otherwise no fee