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. Most sales involve separate buyer and seller agents via a MLS system.
We enable you to offer the full 3% buyer agent commission and still save $1000's.
Broker fees are negotiable by State law.