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Updated 4 days ago, 12/30/2024
Off Market Buyer/Seller Agent Commission -
Im looking to sell one of my investment properties (side by side duplex). I have an agent that I have always worked with to purchase properties, but this will be my first time selling. Im looking to "list" the property off market with him to gauge interest and then list on MLS if we can't find a buyer. (We're not desperate to sell)
With being new to the selling side, I'm curious what is standard for agent commissions in an off market situation. What percentage is fair to pay sellers agent commission and would I be expected to pay buyer agent commission as well? If so, what is standard there? (Again this would be assuming an off market sale)
Any advice is truley appreciated!