The 3% Factor
To attract the most activity from cooperating agents through a MLS system it is widely recommended to offer a 3% commission to buyer agents. While some brokers may offer you a 5% total broker fee, in most cases they will offer half that fee (2.5%) to cooperating buyer agents. Some buyer agents may skip over or make less effort promoting listings offering less than a 3% buyer agent commission.
Maximizing cooperating buyer agent activity will help achieve a timely sale at the highest market price. The more buyer-agents that promote your house to their buyers will result in more appointments to show your house. You want to be on the top of the list of homes a buyer-agent is showing. Offering at least a 3% buyer agent fee will make that happen!
We enable you to offer the full 3% buyer agent commission and still save $1000's with our $6000 flat list fee program.
Call or email to schedule a no-obligation consultation with a Broker.
Broker fees are negotiable by State law.