Real estate commission rates for land

[EightFingers]

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?

[Obie]

10 is normal for land .

[dmbwest]

Yep TEN Ugh !

don't ask how I know : (

aloha,
pog

[unknownjulie]

I"ve been quoted 10 also, but in another state.

[David M]

Negotiable.

David

Ninole Resident
Please visit vacation.ninolehawaii.com

[terracore]

Rack rate is 10% but that is negotiable with the listing agent.

[terracore]

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...

[EightFingers]

Thanks, I was kind of surprised since this is for about 100,000.00 .....

[dayna]

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