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What is the average percent charged to sell a home by a realestate?
Wiki User
∙ 8y ago
Realtors typically charge around 6% between commission and fees for selling a home. That amount is typically split roughly in half between listing broker & selling broker. Some custom services may be available for a greater or lower percent in your region, depending on the scope of work and market conditions.
Wiki User
∙ 8y ago
Wiki User
∙ 16y agoIt depends on the area that you are located in and the current market conditions. I am a real estate agent in Cape May County, NJ. We are currently in a buyer's market with a large inventory of houses for sale. Average days on the market is 408, and the inventory has only turned over 68% since last year. It takes extensive marketing and networking to sell a property in this market, so the standard commission to the seller is 6%. 3% is given to the buyer's agent, and 3% is the seller's [listing] agents cut. If the market continues to worsen, I would not be surprised to start seeing the commissions increase to 8%. This is in contrast to two years ago where properties were selling in less than 40 days. All it took was a yard sign and minimal marketing and networking to sell a home. The percentage then was often 4% - sometimes even less. Interview at least 3 agents in your area. Remember that the higher the commission, the more attention your property will receive from buyers agents.
Wiki User
∙ 8y agoIt varies from location to location.
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What is the average percent chared to sell a home by a realestate agent?
i dont know i think %3
What is the average rate for home equity loans?
Currently, the average rate for a home equity loan is 6.44 percent. That is good news for homeowners as the rate has dropped from 6.48 percent in August 2012.
How do you use math in realestate?
Well you may use math by calculating your collected income from commission you' ve earned. For example, say you sold a $300,000 home. Most realestate agents get paid about 3% of the closing value of the home. So you would do 300,000x.03 and you would get $9,000. But don't foget about taxes, which is always 10%. So 10% of $9,000 is $900. So then subtract 900 from 9000. Then the realestate agent knows that he/she will be getting about $8,100 from selling the home. Hope that helped!!!
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In Kentucky do you have to hold a realestate lic for onsite sales with new home builders?
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Match each type of tax with an example of its use apex?
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