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Updated over 11 years ago on . Most recent reply

Kaz P.'s profile image
Kaz P.'s profile image
Kaz P.
  • Investor
  • from Chicago, IL
  • Member since Jan 16, 2013
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Kaz P.'s profile image
Kaz P.'s profile image
Kaz P.
  • Investor
  • from Chicago, IL
  • Member since Jan 16, 2013
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Kaz P.
  • Investor
  • Chicago, IL
2
Votes |
53
Posts
Real Estate Agent

What to pay a realtor?

Kaz P.
  • Investor
  • Chicago, IL
Posted

I know this question has probably been asked a thousand times.

Is 5 percent the typical rate to offer realtors to relist a property you intend to flip?

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Dominique Stevens's profile image
Dominique Stevens's profile image
Dominique Stevens
  • Involved In Real Estate
  • from Mill Valley, California
  • Member since Aug 6, 2013
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Dominique Stevens's profile image
Dominique Stevens's profile image
Dominique Stevens
  • Involved In Real Estate
  • from Mill Valley, California
  • Member since Aug 6, 2013
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Dominique Stevens
  • Involved In Real Estate
  • Mill Valley, CA
4
Votes |
9
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Dominique Stevens
  • Involved In Real Estate
  • Mill Valley, CA
Replied

Hi Kaz, here in california realtors get 2.5-3% on each side of the transaction. Representing the buyer or seller. So as a seller, you'd be paying between 5-6% in realtor's commissions.. Not sure about Chicago....good luck!

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