U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Real Estate
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 05-07-2018, 02:12 PM
 
43 posts, read 30,602 times
Reputation: 35

Advertisements

Hello, we are getting ready to sell our small townhouse in New Jersey and I don't want to pay a high commission. Is it realistic or not to find a real estate agent that will agree to a 4% commission? Also, is there a transfer tax out of New Jersey and how much is that? Thanks ahead of time.
Reply With Quote Quick reply to this message

 
Old 05-07-2018, 02:15 PM
 
65,373 posts, read 66,832,146 times
Reputation: 43751
we actually offered an extra 1% on top of the 6% as an incentive if they sold our house .

i wanted them concentrating on my house and not showing others in the area if they had a choice . it sold pretty quick and others are still unsold .some times you get what you pay for
Reply With Quote Quick reply to this message
 
Old 05-07-2018, 02:26 PM
 
10,327 posts, read 6,633,550 times
Reputation: 10922
Quote:
Originally Posted by lallen1 View Post
Hello, we are getting ready to sell our small townhouse in New Jersey and I don't want to pay a high commission. Is it realistic or not to find a real estate agent that will agree to a 4% commission? Also, is there a transfer tax out of New Jersey and how much is that? Thanks ahead of time.
I don't think it's realistic. That would mean the seller would only get 1% because sellers normally get 3%. If it was a 2% split I'm not in real estate but that would have to be disclosed to any agent beforehand and they would have to agree to that to show the house to their clients.

You could try Redfin or one of those lower percentage agencies.
Reply With Quote Quick reply to this message
 
Old 05-08-2018, 10:22 AM
 
Location: Columbia, SC
8,873 posts, read 17,525,369 times
Reputation: 6265
Does anyone want to pay a high commission? Not really.

Do you care more about how much you net or how much you pay in commission? I assume net.

Call and interview 3-5 agents and hire the best one.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Real Estate
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2018, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top