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Realtors typically charge around 6% between commission and fees for selling a home. That amount is typically split roughly in half between listing broker & selling broker. Some custom services may be available for a greater or lower percent in your region, depending on the scope of work and market conditions.
It depends on the area that you are located in and the current market conditions. I am a real estate agent in Cape May County, NJ. We are currently in a buyer's market with a large inventory of houses for sale. Average days on the market is 408, and the inventory has only turned over 68% since last year. It takes extensive marketing and networking to sell a property in this market, so the standard commission to the seller is 6%. 3% is given to the buyer's agent, and 3% is the seller's [listing] agents cut. If the market continues to worsen, I would not be surprised to start seeing the commissions increase to 8%. This is in contrast to two years ago where properties were selling in less than 40 days. All it took was a yard sign and minimal marketing and networking to sell a home. The percentage then was often 4% - sometimes even less. Interview at least 3 agents in your area. Remember that the higher the commission, the more attention your property will receive from buyers agents.
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What is the average percent chared to sell a home by a realestate agent?
i dont know i think %3
What is the average rate for home equity loans?
Currently, the average rate for a home equity loan is 6.44 percent. That is good news for homeowners as the rate has dropped from 6.48 percent in August 2012.
How do you use math in realestate?
Well you may use math by calculating your collected income from commission you' ve earned. For example, say you sold a $300,000 home. Most realestate agents get paid about 3% of the closing value of the home. So you would do 300,000x.03 and you would get $9,000. But don't foget about taxes, which is always 10%. So 10% of $9,000 is $900. So then subtract 900 from 9000. Then the realestate agent knows that he/she will be getting about $8,100 from selling the home. Hope that helped!!!
What is the national average of clean or dirty home bathrooms?
more than 50 percent
Average person in your society spends about what percent of their food dollar away from home?
47.5%
Is it a better deal to buy a new home or a foreclosure?
You can typically find discounted realestate that has been foreclosed upon. Deals vary by region.
In Kentucky do you have to hold a realestate lic for onsite sales with new home builders?
Yes, the State of Kentucky requires a real estate license for all home sales including sales through a home builder.
What are the average home refinancing rates?
Home refinancing rates vary week by week depending on the economic situation of the country. Typically refinancing rates stay around 3.96 percent to 4 percent.
How can one apply for a California home improvement loan?
One can apply for a California home improvement loan in various places. The first place to try is online in the following websites: RealEstate and Nolo.
What is the average price for a house in Orlando Florida?
The average price for a home in Orlando, Florida is $$159,610. This is an increase of 10 percent from about 5 years ago.
Match each type of tax with an example of its use apex?
property tax;1% charged on the value of a home personal income tax; 20% charged on wages earned capital gains tax; 2% charged on profits from selling a home
Where can one find more information on interest only home loans?
One can find more information on interest only home loans on such sites as QuickenLoans, TheEasyLoanSite, FDIC's website, BankRate, RealEstate, EChoice, and HomeGuide.
