Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#1
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'the villages' real estate commissions reduced.............
understand its been cut from 6% to 5% - anyone else hear the same ? reason not given
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#2
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If true it reflects market reality,. I've used MLS Realtors at 3% (total commission) in TV.
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#3
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If true for MLS realtors would think they would not promote a 3% commission house as hard as a 6% one.
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#4
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The way any MLS listing works in a two agent sale, is the selling party gets 2.5%. This is common, 3% to selling agent is not common. The listing agent under my listing agreement gets .5% not much. No ads, if you want professional pictures you can provide them. My cost for those was 200.00. You get MLS exposure, also Zillow and Trulia. On the flip side this guy gets a couple grand for a few hours work. Most homes are not sold by the listing agent, a simple fact. Last edited by Toymeister; 08-13-2020 at 09:36 AM. |
#5
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Thankyou
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#6
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#7
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It's still a goldmine for the realtors.
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#8
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At 3% yours would be the last home an agent would show, they want full commissions not 1/2 commissions. Cheaper isn't always better.
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#9
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Friends of mine who have bought and sold many houses related a story to me. They were being shown homes by a mother-daughter team which had a paper list of houses to show them which revealed the commission to be paid on each house. The daughter ticked off the houses to see one after another to the mother who was driving. My friend is a tall guy and he could read the list over the daughter's shoulder. They were were being shown houses from the highest to lowest commissions in order, literally.
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"No one is more hated than he who speaks the truth." Plato “To argue with a person who has renounced the use of reason is like administering medicine to the dead.” Thomas Paine |
#10
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So is more expensive better? If you need hand holding yes. That covers most sellers particularly those that are prone to posting here. If you don't then, yes cheaper is better, to the tune of thousands of dollars. |
#11
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Houses here are much desired. Many people find a good lawyer and list them for sale by owner. We were approached by a person wanting to buy our house and we weren't quite ready to make the permanent move to a bigger house but after thinking about it we decided to come here full time. We closed then with McLin and Burnsed. It cost us to split about $750 nine years ago.
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It is better to laugh than to cry. |
#12
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No one believes the truth when the lie is more interesting Berks County Pennsylvania |
#13
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I would be willing to list with a full priced agent, but I want them to provide a written marketing plan that they would need to implement, and I would require them to allow me to terminate their contract if I lose confidence in them. Also, if they bring you an offer that is less than full price, you have the option to renegotiate the commission at that time. The stated commission is only applicable when the buyer pays the full listing price, which doesn't usually happen. So, you can agree to a 5 or 6 percent commission, but it is only legally enforceable when the seller gets the full listing price.
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#14
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I think you skipped class in Law School when they explained contracts.
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#15
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Every listing contract I ever signed stated a sale price for the house. The seller is not required to sell the house for a lower price. With several houses I have sold, I renegotiated a lower commission with the listing agent in exchange for accepting a lower price. That is my understanding of how a listing contract works.
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Closed Thread |
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