Commission

In a fast-paced, good market, where homes are selling easily and for substantial profit to the seller, few sellers question the commission paid to the real estate agent/s. When a market is tough, homes sit on the market for six months to a year and agents work and market that home until it sells for perhaps a small or no profit to the seller – this is the market where sellers question the commission paid to the agent/s. When times are good, people have money, people are happy. When times are tough, money is tight, people are stressed, they look everywhere for how to keep their money. The agents are often the first people questioned.

Something to think about. When should you be happy to pay an agent their fee, when the house sells in three days with three offers, or when the agent sells the house for you after six months of hard work?