I totally concur with Peter...but please remember, a real estate marketing professional who is excellent at what they do, will bring a higher price for the house. The important thing is, it is about what you leave the closing table with, not what you are paying in a commission.

when you interview Realtors (and interview a lot of them), ask them to bring a written marketing plan. If they don't have one, don't waste your time.

Hi Sarah!

Under New York State Real Property Law, all comissions are negotiable. It is also not appropriate to discuss comission rates in public, nor may agents collude in setting rates. The Federal Government has been watching this recently and all Realtors must comply.

Having said that my suggestion is to focus on the Realtor and the company behind them, rather than the fee. Regardless of the negotiated rate, if the agent does not have the marketing skill and the technical knowledge to sell your property in a professional way, plus their firm does not have the resources to support them, you are wasting your money. This is a tougher market than we have seen in the past few years, and right now experience counts. Even if you end of spending a few extra dollars, it may be well worth it in the long run! So look at the big picture, interview several agents and you will know when you have found the right one!

It's usually anywhere from 4-6% depending on the agent, market, and price point.

Who in here is a politician? Cuz everyone dodged the question like pros!

The greatest answer in the world, it depends. :)

So what would be a good commission for a consumer to negotiate? Let me take a guess before you answer that!

What ever that consumer feels comfortable paying, how did I do with the answer

Hi, as stated below comission rates are negotiable. My company sticks to a certain number and usually have no problem getting it. Keep in mind that you get what you pay for, discounted rates usually come with some sort of discounted service, communication, advertising, hands on service, are you willing to compromise on any of these? The agents at my company pay for the advertising and marketing out of there own pocket, for that we get a higher split. It is in mjy best interest to do whatever I have to to sell your property, I have money invested. I don't believe any service should be compromised, full service means full service. After all is said in done the agent only gets a fraction of what is paid in comission, after split, marketing, and taxes. I hope this has helped you.

Sincerely,
Christopher Pagli
Associate Broker
Legends Realty Group
914.406.9023

What I would suggest is to interview a few agents google them or even search here on trulia. When you do find the select few ask them, exactly what they offer for the professional fee they will be charging you. Hire the best Realtor based on performance, knowledge of the area, transactions closed, marketing plan, etc..Some agents may have higher professional fees based on performance and knowledge. Hire an agent that has been successful in your market. This agent should have listed properties and not only have gotten them sold, but sold close to the asking price. Sarah is rght rates can be negotiated.

It is against the law for brokers/agents of different office to come together and decide they will be charging a set commision.

Sarah
Commission Rates are always negotiable. The best thing to do is to interview serveral Realtors and find out about their services and commission rate. The lowest rate is not always the best service.
Good luck to you.