Is The Commission Of A Realtor Negotiable?

Posted by Rick Lopez on September 9th, 2019

When you are thinking to find the low commission real estate agents, then obviously a lot of questions will come to your mind. The biggest question which comes in this regard is whether the realtor commission negotiable or not.

Further Discussion

Almost everything is negotiable in a real estate transaction which preferably includes the commission. This again is around 6 percent of the sales price in most parts of the country. Also, this split is mainly between the buyer’s agent and also the listing agent.

You Can Always Ask For A Lower Fee

There is no harm to ask a real estate agent for a lower fee. Of course, there is no such guarantee that the particular agent will be willing.

Apart from that, it is very much important to note that some of the agents possess more flexibility for the purpose of negotiating their commission than the others.

As for example, the brokerages may possibly have a minimum as they require their agents for holding out for. Apart from that, the agents whose companies generally take a percentage of every commission may be less willing or able to negotiate.

Some of the agents also said that around half of the sellers mainly ask for the possibility of a reduced rate. Typically, the buyers would not raise the specific issue as they are not considered to be responsible for the commission.

Final Words

In this way, it is particularly evident from the above section that there are considered to be the best answer towards “need to sell my house fast”.

Author Resource:-

Rick advises people about real estate, property investment and affordable housing schemes. You can find his thoughts at homes for sale Ontario blog. To find low commission real estate agents with high professionalism, quality and affordability, visit this website.

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Rick Lopez

About the Author

Rick Lopez
Joined: June 12th, 2019
Articles Posted: 103

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