When it comes to buying or selling a home, there are a lot of costs and fees associated with the process. One such fee is the realtor fee. But what exactly is a realtor fee? In this blog post, we’ll cover everything you need to know about realtor fees so that you can make an informed decision when it comes time to buy or sell your home.
What Is a Realtor Fee?
A realtor fee is the commission fee paid by either the buyer or seller (or both) for working with a real estate agent. It is usually calculated as 3% percent of the listing price of the property.
Who Pays Realtor Fees?
Typically, it is the seller who pays the realtor fees for both their own agent as well as any agents representing potential buyers. However, there are instances where buyers will pay for their own agent’s commission in addition to other closing costs associated with purchasing a home. Ultimately, how and when these fees are paid will depend on negotiations between all parties involved in the transaction.
How is Green List Realty different?
Working with a real estate agent at Green List Realty will save you thousands of dollars compared to working with other real estate agents. Green List Realty does not charge the industry standard 3% fee. We charge a flat fee of $5,000 - regardless of what the list price of your home is! Our team will help you find out what your home is worth, take professional photos, list it on MLS, Zillow, Trulia, Redfin, negotiate and other websites, document all paperwork and contracts, then sit with you at the closing table as we celebrate making your house dreams come true!
Are Realtor Fees Worth It?
Other realtor fees can seem expensive. To be honest, it's because they are! Green List Realty can provide a better solution to realtor fees and provide an invaluable service while saving you thousands of dollars that help protect both buyers and sellers throughout their transactions. We provide expertise in navigating local market trends and regulations, negotiating pricing and terms of sale, and helping ensure that all parties involved get what they want out of their transactions. Ultimately, you will save time, money and stress by allowing Green List Realty to provide the professional guidance throughout the entire process.