RE commissions from selling a house in MA
Just signed a R/E agreement to sell my parent's house
Selling R/E agent commission = 2.5%
Buyer's R/E agent commission = 2.0%
If no buyers agent, Selling R/E company gets 1.5%
min commission = 4.0%
max commission = 4.5%
down from the previously combined 6 %
and down from the single R/E fee of 3% to the selling sales rep.
BUT up from a single rep, no buyers commission of the previous 3% generally agreed. .
Is the new arrangement working for the industry? I am leaning probably, but sample size 1, with my last sale 25 years ago and I don't remember the commission structure, so inconclusive.
@retiredguy123. . . I already know you won't pay the buyers commission. .
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