9 Tricks to Save Cash on Realtor Commissions
1. Negotiate Before choosing someone to list the home, each home seller should interview at least three real estate agents. Do not be afraid to ask for a discount on the commission as part of the interview process. While the reduced commission will be agreed by some sales agents, others will not. Much depends on your home's price range and how fast and easy the agent thinks it's going to sell. The more you know about your own market, the easier the job of the agent will be to price your home. A Los Angeles Times article recommends that your home be "pre-staged" to make an agent more eager to list it, and thus maybe more willing to reduce the commission. 2. Choose a real estate agent with a reduced fee Several real estate discount brokerages have been opening in recent years. They charge sellers reduced fees while keeping the buyer's agent commission at the standard market rate, saving about 25 percent of the seller's tot...