realtor commission (Tacoma: flat fee, attorneys, homes)

[dreaminofretirement]

I just had a realtor tell me she wants a 10% commission to sell a property in Pierce County. Is this the going rate these days? I've always paid 6% in the past.

[Iceberg]

smoking crack.

[sykesfamily]

Originally Posted by Iceberg

smoking crack.

LOL I agree....

[jinj]

You pay what you want to pay, I paid 5% to sell mine last year.

[mthomson]

Interview more than one agent. Commissions will vary anywhere from 4%-12% depending on the property and what's involved in the marketing. If you have a complex piece of property, if it's land that my serve as a future large plat subdivision, 10% isn't unheard of. Jinj is right, though, you pay what you want to pay. You're hiring somebody to do a job, hire who you feel will do the best at a price you're willing to pay.

[mthomson]

There are other options of limited service companies that charge a flat fee of $500-$1000 and you do the work yourself. Options are pretty limitless for you.

[Balco9]

You can list your home on the MLS for 1.5% and sell it yourself.
The higher percentage the more traffic you will get.
My realtor sold my homes ranging from 5.5% to 4%...

10%????? Doe's the realtor promise you sell your home in 30 days
or less, pay for for your move, or hire someone to stage your home?
For a 10% commish.
That is brutal.

[dreaminofretirement]

I'm checking with a couple of other realtors, too, but I'm glad to know that things haven't changed that much. I'll see what the other realtors have to say. Thanks for the replies.

[StealthRabbit]

You mentioned "sale of property"...

For bare land, they like to charge 10%, but I would negotiate to 6% and of course require the usual monthly activity reports complete with contacts, advertising, showings, brochures, and on updated marketing plan every 60 days. Have a drop clause if they fail to deliver on the above Requirements.... My realtor's seem to get ~ 100x as much as my attorneys and Dr's (who charge by the hour)... but everyone needs to eat.... I coordinate all the closing and title work, as I prefer to keep my eye on the process. Most realtors seem to be mainly marketing focused and can be very lax on details that can cost you a lot of agony and legal expense. They are very motivated to a 'settlement' date

[Luke9686]

I'm a cash buyer in Tacoma. PM me where the property is.