Multiple Listing Search Resources multiply your opportunity to market your home. Not only will Top Producer agents get you into the MLS they'll deliver results faster. Find the top 10% of Real Estate Agents in your town! ... for Free!!    Expect Results from Top Producers. They're proven ... they deliver. Get into a class that is above the rest. Settle only for the best.

Finding A Real Estate Agent    FREE Residential Consultation Search

Real Estate Agents and Commissions

First in importance is to find a top producer, a proven go-getter to market your home. Choosing a "Top Producing" house sales agent when buying or selling your home costs nothing extra. By filling out the form above we will forward to you an impartial rating service that will screen the best real estate agent for you ... in your area.

 Real estate agents are paid on a commission basis after a successful conclusion of a real estate transaction. Real estate commissions are a negotiated percentage of the sales price of a home paid to the agents of the buyer and seller.

Some brokers in the business charge as high as 10%. Others ffer discounted commissions, some as low as 2%. However, the norm is 6%. But as the old addage goes: you get what you pay for, there is no free lunch in this world. Marketing, MLS Listings, advertising in magazines and papers cost money, besides the added incentive for networking goes a long way.

How real estate commissions are divided
Using an example of 6% total commission:

3% Listing Commission is to be divided between the listing agent and his/her broker usually at a 50:50 basis. This means the broker gets 1 1/2% and the listing agent gets 1 1/2%.

3% Selling Commission is to be divided between the selling agent and his/her broker again at a 50:50 basis. Here again, the broker gets 1 1/2% and the selling agent gets 1 1/2%.

3% Listing Commission + 3% Selling Commission = 6% Total Commission

 The fact of life is that below a 5% commission, very little promotion is done. Most full-service brokers will charge a 6% commission, the generally accepted industry norm.

Since we are dealing with what is usually a families largest individual asset, getting an independent real estate appraisal which generally ranges from about $125 - $300 dollars is suggested. That way you are not only relying on the multiple listing search resources which doesn't take into account the differences in time value of previous sold listings as well as other valuation considerations. This way your have a realistic picture of what your property is worth in the open market at the time the appraisal is made.

Online MLS market analysis appraisals also be used to ball park your home's selling price. Although they make use of the multiple listings, there is not the visual inspection you would receive with a bona fide physical appraisal.

MultipleListingSearches