Why Pay Commission?

Listing Service Fee Structure

The commission paid is based on the sale price and the listing fee. For example, assume the listing fee is 6% (note - this percentage may vary) and the sale price is $100,000; the commission would be $6,000.

At the time of listing their home, sellers contractually agree to pay a service fee to both the listing agent AND the buyers agent (the 6%). The 6% is usually split evenly between the listing agent and the buyers agent. Sometimes an agent may charge a 7% listing service fee, in which case the service fee could be split evenly between to 2 agents OR the listing agent could offer a higher percentage service fee to the buyers agent to help entice them to show your home (helpful in a buyers market). Another incentive a seller could offer with a 7% listing service fee is a buyer bonus. This is another excellent and effective way to attract buyers into your home and ensure the quickest sale possible!

If you would like additional explanation about this listing service fee structure, please feel free to contact me. I'll be happy to address any questions or comments you may have.

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