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+--- Thread: Real estate commission rates for land (/showthread.php?tid=11899)
Real estate commission rates for land - EightFingers - 05-11-2013
I'm looking into selling one of my lots and I was quoted 10 percent. I thought the usual was six percent. Is ten normal?
RE: Real estate commission rates for land - Obie - 05-11-2013
10 is normal for land .
RE: Real estate commission rates for land - dmbwest - 05-11-2013
Yep TEN Ugh !
don't ask how I know : (
aloha,
pog
RE: Real estate commission rates for land - unknownjulie - 05-11-2013
I"ve been quoted 10 also, but in another state.
RE: Real estate commission rates for land - David M - 05-11-2013
Negotiable.
David
Ninole Resident
Please visit vacation.ninolehawaii.com
RE: Real estate commission rates for land - terracore - 05-11-2013
Rack rate is 10% but that is negotiable with the listing agent.
RE: Real estate commission rates for land - terracore - 05-11-2013
Also think about an acre of land going for $5000 in HOVE. A 6% commission would only be $300. When split between the listing and buying agents that's only $150 each. Completely different story when talking about an acre in North Hilo with an ocean view for 100k. Hence the negotiation on the percentage based on unique circumstance...
RE: Real estate commission rates for land - EightFingers - 05-11-2013
Thanks, I was kind of surprised since this is for about 100,000.00 .....
RE: Real estate commission rates for land - dayna - 05-12-2013
EightFingers, everything in real estate is negotiable. I would consider a property worth 100k between selling a property percentage and between selling a house percentage, maybe you can request a rate closer to the house rate. Also, shop around with realtors. While one might not be willing to accept that rate, another one will!
Dayna
www.E-Z-Caps.com