The Pros and Cons of Low-Commission Realtors
AuthorAmanda Dodge. Date:
One of the tenets of real estate is that you shouldn’t sell your house until you can at least break even on the sale. While this isn’t always possible, it guides homeowners to do the math on the current value of their home minus any closing costs and Realtor commissions. The average seller pays around 6% of their home’s value in Realtor commissions. With the median home selling for $412,000 in the United States as of September 2023, these commission costs hover around $24,720. Some homeowners are looking into cheaper alternatives. They can’t afford to give thousands of dollars to the agents involved in the sale or simply want to maximize their profits. This has led to a rise in demand for low-commission real estate agents. These are Realtors who accept smaller fees in exchange for similar services. In this article, we’ll help you learn more about low-commission listing agents … Continued
The post The Pros and Cons of Low-Commission Realtors appeared first on FastExpert.
Categories
Recent Posts
