Will I Have To Pay A Consultation Fee? | REALTOR.com? Blogs

Q: Is there a fee to put a my house on the market through a Realtor?
?Sissy, Odessa, TX

A: It depends each office is different. A lot of bigger companies will offer a start up fee. Just interview a bunch of different companies and see which ones do it for free for you.
Matt Laricy is a Realtor? with Americorp Real Estate in Chicago, IL.

A: Usually not, the Realtors are paid at closing from the seller?s proceeds per the terms of the listing agreement. In California, real estate agents cannot charge up front fees except in very limited circumstances.
Teri Andrews Murch is a Realtor? with Lyon Real Estate in Auburn, CA.

A: No. You should be able to hear all the services an agent can offer you, including a valuation of your home, without paying. If an agent tries to charge you for that, call someone else. Once you sign a listing agreement with the realtor, the agent?s broker and agent will not receive compensation until your home is sold. Unless the agent has retained a fee of some sort (i.e., for marketing purposes). if your house does not sell, the agent and her broker will not be paid. It is possible for a Realtor to lose money trying to sell a house that does not sell.
Vilma Colon-Oliver is a Realtor? with Meybohm Realtors ? Augusta in Evans, GA.

A: Be prepared to pay a Realtor 6% of the selling price to market and sell your home. Your Realtor will usually split this 50/50 with the Buyers agent (The agent that brings the buyer for your home). Your Agent will also have to split a part of his share with his Broker for office overhead and other expenses.

So for instance if you sold your home for $100K the real estate commission would be $6000. Seller?s closing costs can run as high as 3% of the sale price so deduct another $3000. and your total cost would be approximately $900.
Lee Dworshak is a Realtor? with Keller Williams LA Harbor Realty in Rancho Palos Verdes, CA.

A: While not unheard of, it is not typical for Realtors to charge fees up front for marketing a house. Most Realtors are paid a commission based on a percentage of the selling price and are paid at closing. Keep in mind, though, that fees paid for selling your home are always negotiable, both in the amount you pay and when you pay it.
Phil Lunnon is a Realtor? with Lunnon Realty in Lakewood, CO.

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Related posts:

1. Is It Unethical For A Realtor To Charge Commission On Closing Costs When The Seller Agrees To Pay Closing Costs For The Buyer?
2. How Do I Know If My Realtor?s Fees Are Legit?
3. How Do I Know If The Fees I Was Charged Are Correct?
4. What Are The Upfront Costs To Hiring A Realtor To Sell My Home?
5. What Will Happen If I Sell My Home For More Than The Value Of My Loan?

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