Real Estate Fee MythBusting, Part 2 - 12/22/11 02:27 PM
Recently I offered to show a property being "sold by owner."  I sent the seller a one-showing agreement providing for a 4% fee if successful.
My seller asked a typical question with an interesting twist:
“Thanks for the interest. Yes, the renovated unit is still available.  Question: my impression of RE/MAX is a 2.5% commission. Why is yours 4%?”
Previously I addressed why putting a FSBO sale together costs more than a side.
Now let’s address the “My impression of RE/MAX is 2.5%” part
The first and foremost point to remember is that commissions are by law negotiable.  There is no … (2 comments)

Real Estate Fee MythBusting - 12/16/11 01:51 PM
Recently I offered to show a property being "sold by owner."  I sent the seller a one-showing agreement providing for a 4% fee if successful.My seller asked a typical question with an interesting twist:“Thanks for the interest. Yes, the renovated unit is still available.  Question: my impression of RE/MAX is a 2.5% commission. Why is yours 4%?”
To address the typical part first, sellers believe "if I did list my property, and you brought the buyer, you'd get 2.5% or 3%, so why are you expecting more in this case?"The reason, dear seller, is that for 30,60,90 days from contract to … (1 comments)

 
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Scott Gleason, Westfield New Homes Specialist

Westfield, NJ

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RE/MAX Properties Unlimited

Address: 200 North Ave E, Westfield, NJ, 07090

Office Phone: (908) 233-9292 x 5456

Cell Phone: (908) 698-2630

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Author Bio: Scott Gleason, CRS writes frequently about Westfield Real Estate, and surrounding towns. Scott works with sellers to successfully prepare and present their Westfield new homes for sale, as well as guiding home buyers and real estate investors.

Real Estate Listings, market, values, homes for sale, marketing, luxury homes, real estate investments in Westfield NJ.


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