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Updated about 5 hours ago on . Most recent reply

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Naomi Feld
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Broker commissions for home sale over $30mm in USVI

Naomi Feld
Posted

With last year's changes in the U.S. real estate industry, particularly concerning broker commissions, I am wondering what to expect to pay a broker for a home sale north of $30mm in the USVI. I understand the standard rate in the USVI is 6% but believe I should be able to negotiate down based on the expected sale price. What are other high net worth individuals paying in broker commissions these days, for high value properties? 

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