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Old 02-07-2008, 08:29 PM
 
1 posts, read 38,774 times
Reputation: 34

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Looking to put my house on the market in southern Ocean county,NJ. What is the realtor's commission for this area? Thanks

 
Old 02-14-2008, 02:35 PM
 
Location: Livingston N.J.
5 posts, read 73,060 times
Reputation: 13
it depends
 
Old 02-14-2008, 03:53 PM
 
Location: Vermont
5,439 posts, read 16,867,662 times
Reputation: 2651
Nice answer. 5-6% is typical.
 
Old 02-14-2008, 04:14 PM
 
Location: New Jersey/Florida
5,818 posts, read 12,632,212 times
Reputation: 4414
Try Foxtons 2 percent. Opps I'm sorry that didn't work. They are out of business. If you don't give them 6 percent they won't work to hard.
 
Old 02-14-2008, 07:20 PM
 
Location: Stewartsville, NJ
7,577 posts, read 22,613,949 times
Reputation: 1260
In Northern NJ it's negotiable. I could have asked for as low as 4% but went with 5%. Buyers agents tend to look for the highest commissions when choosing homes to show their buyers. If youre really anxious to sell, see if you can make the buyer's agent commission higher - i.e. 2% seller's agent and 3% buyer's agent. This will also encourage your agent to try and sell it themselves so that they get the full cut.
 
Old 02-14-2008, 07:30 PM
 
Location: Jersey Shore
828 posts, read 3,139,186 times
Reputation: 241
Quote:
Originally Posted by JERSEY MAN View Post
Try Foxtons 2 percent. Opps I'm sorry that didn't work. They are out of business. If you don't give them 6 percent they won't work to hard.
I had a horrible time selling my house a few years ago. My contract said 2 1/2% for the selling agent and 2 1/2% for the buying agent. Once I jumped it up to 3 1/2% for the buying agent I had realtors crawling thru my door, seven showings on one weekend and had an offer during that weekend.
Try to find a realtor that is willing to give the buying agent about 3-3 1/2%, and as low as you possibly can for the selling agent...this will make your selling agent move their rear-ends on your house...it worked for me.
(Now lets see how many of this sites realtors dismiss what I just said)
 
Old 02-14-2008, 08:05 PM
 
Location: Midwest transplant
2,050 posts, read 5,947,467 times
Reputation: 1623
I've had friends offer the 3/3 split for the first month only and then it drops. Encourages them to hustle at the beginning of the contract. Also, never take longer than 90 days with one realtor, and don't automatically renew.
 
Old 02-14-2008, 08:29 PM
 
1 posts, read 38,511 times
Reputation: 11
Default Commission in Ocean County

Quote:
Originally Posted by bus224 View Post
Looking to put my house on the market in southern Ocean county,NJ. What is the realtor's commission for this area? Thanks
All Real Estate Commissions are negotiable in NJ. Most Realtors will consider 6%
 
Old 02-14-2008, 09:34 PM
 
Location: Central New Jersey
1,289 posts, read 6,099,707 times
Reputation: 300
Quote:
Originally Posted by JERSEY MAN View Post
Try Foxtons 2 percent. Opps I'm sorry that didn't work. They are out of business. If you don't give them 6 percent they won't work to hard.
No more Foxtons. Closed it's doors.

As for the comission, 5-6% is about the average but I will say this, if someone comes in a says they will do it for 3-4% or sometimes even 5%, most of the time you get what you pay for. Do your research and interview a few agents.
 
Old 02-14-2008, 10:44 PM
 
Location: Woodbridge Twp NJ
316 posts, read 1,249,351 times
Reputation: 60
Default Lmao

Quote:
Originally Posted by JERSEY MAN View Post
Try Foxtons 2 percent. Opps I'm sorry that didn't work. They are out of business. If you don't give them 6 percent they won't work to hard.
LMAO They are OOOOOUt of here lol
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