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Updated over 6 years ago on . Most recent reply

User Stats

18
Posts
5
Votes
Josh Bloemendaal
  • Rental Property Investor
  • West New York, NJ
5
Votes |
18
Posts

Is 6% realtor fee too high?

Josh Bloemendaal
  • Rental Property Investor
  • West New York, NJ
Posted
Hey guys I’m selling a studio co-op apt in West New York NJ. The realtor that lives in the building wants to list it for me and says it’s worth around 185 and wants 6%. This commission seems crazy high to me but I’ve never sold anything on the east coast. Isn’t it supposed to be closer to 3%? Should I try to sell it myself? The market is crazy hot and there’s nothing else in the building for sale. Very nice building with a pool overlooking manhattan. Thanks for your input!

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