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Updated over 4 years ago on . Most recent reply

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Brett Mayor
  • Dandridge, TN
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Real Estate Agent Commission

Brett Mayor
  • Dandridge, TN
Posted

I have a real estate agent in eastern TN that wants to charge a 10% commission to sell bare land.  Isn't 6% standard for any type of real estate or is it normal for that to flex depending on the type of property being sold.

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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

Actually, 10% is more common with bare land. An experienced land broker is Different than a typical agent sticking it in the Happy Homeowner MLS.

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