Real Estate News

Real Estate Commission Explained


Real Estate commission is the agent’s fee for service

It is a percent of the sale price negotiated at the time of the listing. Every seller has the right to negotiate the commission, just as every agent as the option to hold fast to their fee.  Full-service agents charge more than fee-based, or flat-fee, agents. Know what you expect and want from your agent before attempting to discount the commission.  Agents with an in-depth knowledge of the market, a team of associates and assistants, a full marketing plan and a syndicated listing schedule will always charge more than an agent who merely adds your house to the MLS and wishes you luck with your sale.

Sign up for a For Sale by Owner listing. Say NO! to Iowa’s 6% Realtor Fee.


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