Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Agent
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

38
Posts
9
Votes
Neil Hohmann
  • Rental Property Investor
  • United States
9
Votes |
38
Posts

Current Denver Commission Rates -- 5%?

Neil Hohmann
  • Rental Property Investor
  • United States
Posted

Hello! We're planning on putting our Denver 2bed/2bath condo on the market soon. We're currently discussing it with an agent in Denver. She's asking for 3.2% for her commission and 2.8% on the buyer's side. While 6% total has been standard over the decades, I was under the impression that 2.5% each was more common now. What's the trend for Denver, Colorado? 

Also, If the agent represents BOTH the buyer and seller, is it reasonable to ask that the total commission be capped at 4%. If so, how can I word that request?

Another question -- if the agent is saying she will have it staged and professionally cleaned, can I expect to be billed separately for that, or is it common to wrap that into the commission (the 3.2% she's asking)? (I realize that question needs to be directed at her -- but just curious if there was a norm in Denver.)

Finally, any experienced agents on BiggerPockets interested in listing it? If so, would you do it for 2.5%? The market value is around $200,000. Though I imagine it could go for as low as $190K-$195K. New flooring was just put in the unit. It's in Denver proper -- but about a block or two from Aurora. Recent comps are in the $200K range. There are 3 others (in the same complex) currently on the market between $195K-$225K.

Thank you!

Loading replies...