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Updated about 2 years ago on . Most recent reply

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27
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11
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Michael Furey
  • Flipper/Rehabber
  • Savannah
11
Votes |
27
Posts

How much commission should I offer on a flip?

Michael Furey
  • Flipper/Rehabber
  • Savannah
Posted

I have a house I’m flipping and recently got my real estate license to list my properties myself. I know the standard commission is 3% for each side, but do people in this situation usually offer the buyers agent a smaller amount, like 2% or some other amount?  Is that acceptable?  What do you guys all do?

Most Popular Reply

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17,430
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30,077
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
30,077
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied

You should offer out the same as what the other houses in the area are offering. Offering lower, then you are putting yourself at a disadvantage to your competition.

Generally the only time to offer higher than the competition is if you have a property that isn't moving.

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