No Commissions
Although it is easy to buy and sell a house on your own, there are advantages to dealing with a real estate agent. Agents can suggest a list price, market your home, and bargain on your behalf, but their services are not free. If you're considering employing an agent, you should be aware of the average real estate commission.
The real estate commission is normally split between the selling agent and the buyer's agent at closing. When a single agent represents both the buyer and the seller in a dual agency situation, one agent receives the commission. But you don't have to pay any commissions here at Josh Smith Buys Houses. To learn more about our no commissions sales approach, call 385-331-0701 or click here to get started with an appointment with one of our representatives ASAP.
What is the Average Commission for a Real Estate Agent?
In the United States, the typical real estate commission is between 5% and 6% of the home's sale price. So, if your house sells for $250,000, the commission might be anything between $12,500 and $15,000. Although the average commission for real estate agents is between 5% and 6%, according to a Real Trends poll, the actual commission rate varies based on the state and housing market.
When there are fewer listings available, the commission rate usually drops. Agents, in the end, want to be employed, thus they set their prices to compete with other agents in the region.
Is The Real Estate Commission Negotiable?
Commissions on real estate transactions are negotiable. Some agents may be ready to reduce their commission by a fraction of a percentage point in exchange for the seller's approval of their contract. If you live in a state that allows it, you might be able to find an agent prepared to provide fewer services for a flat cost or discount.
But you don't need to negotiate with an agent for the commission when you work with Josh Smith Buys Houses. For more information about our revolutionary no commissions sales approach, call 385-331-0701 or click here to make an appointment with a sales representative ASAP.
Reviews From Our Customers
The Know What They're Doing
We found ourselves in a situation a few weeks ago when we were surprised to lose our tenants in a very expensive home. Monthly mortgage payments continued to come due and we were without the income of renters...Our costs to Josh Smith Buys Houses were about half of what we would have had to pay an agent in a traditional sales process to get the same results...
Straight Forward and Honest
Maria and I would like to take this opportunity to personally thank you and your team for the terrific services you provided during your purchase of Maria’s house...there were no “catches”. It was a very straight forward and honest offer from the beginning which positively reflects the integrity and ethical conduct of yourself and your company.
Experienced and Honest
In our older years, we felt the need to downsize and simplify our lives... After having tried several Real Estate agents with no luck, we came across Josh Smith Buys Houses and were impressed with their energy, determination and marketing plan...Bottom line, they sold our house in one month and for more than we thought we’d get. Josh and his team make things happen!
