When you buy or a sell a home, how much money are you spending on real estate commission costs? Many homeowners don’t know about all of the extra fees and costs that are involved in the real estate process. These costs can add up! By taking a proactive approach, you can manage your money more effectively and reduce the amount that you are spending. In this article we will discuss How Do You Calculate Real Estate Commission Costs?
Standard Real Estate Commissions
A standard cost for real estate commissions and fees is 6%, which means that the commissions go up with higher sale prices. Typically, the 6% is split between the two agents helping the seller and the buyer. For example, if a home sells for $250,000, then the real estate commissions will be $15,000.
But, these fees might be different depending on the real estate agent that you choose. These custom services can help you save money, especially since the real estate commission can add up! Some real estate agents charge a lower percentage of their commission. Another pay structure is to use a flat-fee structure.
Save Money with Duffy Realty of Atlanta
Here at Duffy Realty of Atlanta, we want to help you save money when you buy or sell a home. In fact, our flat-fee commission structure can save you thousands of dollars on the real estate transaction. There’s no reason for you to choose an expensive real estate agent because we are here to help.
Just because you are paying lower commission costs, doesn’t mean that you are getting a subpar service. In fact, you will see that you will receive top-notch service when working with our team. We are the leading real estate company in the Atlanta area, and we know what works in the real estate industry. We have our systems down to a science, helping us to save time… and we pass those savings onto you.
Duffy Realty only charges a flat-fee of $500 plus .0075% at closing, plus 3% if a buyer’s agent is involved. Plug in the numbers using our calculator here, and you will see how much you will save in commission costs by choosing our team.
Cheap Commission Costs and the Best Service in Atlanta
We want to be sure that you have access to the best real estate service in Atlanta. We are dedicated to the satisfaction of each customer, which means that we will go the extra mile to be sure that your home sells quickly. Right now, our listings are on the market for an average of 34 days.
Contact us to learn more about Duffy Difference, and you will see that it can be easy to sell your home when you are working with the right real estate agent. We are always here to answer your questions, and we invite you to contact our office right away: (678) 318-1700. We hope that you liked our article on How Do You Calculate Real Estate Commission Costs?