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Updated 9 months ago on . Most recent reply

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66
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Jack Deer
25
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66
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24% Listing Commission?

Jack Deer
Posted

I was looking at one property that the realtor claimed to have a 24% commission to sell. The property was listed under $30,000. There was nothing special (bad or good) about the property. Just another average lot with utilities.
What's going on here? Is the realtor sticking it to the seller?

Most Popular Reply

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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
30,089
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17,434
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Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied

That's what happens on low price properties.

Pretend it was a normal commission rate of say 2.5%. An agent would lose a couple grand servicing the property at that rate.

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