When you’re listing your Boston Beacon Hill home for sale on the Boston downtown real estate market, the last thing you’re probably worried about is the Buyer’s Agent Commission rate, aka BAC.

Most people know Beacon Hill condo sellers typically pay the listing agent’s commission and the buyer’s agent’s commission.

Beacon Hill Home sellers should ask what listing agent is offering the buyer’s agent on MLS. The home owner may wrongly assume the listing agent always splits the commission 50/50 with the buyer’s agent. While the listing agent might be splitting the commission 50/50 with the buyer’s agent, it may not be the case.

The MLS, our local listing source for nearly every home sale in downtown Boston area, has some very revealing data that demonstrates the importance of the buyer’s agent commission rate. The MLS is the region’s real estate listing service, basically the main (and often only) site buyer’s agents use to find homes and research homes for their buyer clients. The buyer’s agent commission is advertised there, in the RMLS.

The vast majority of listing agents offered a BAC of 2.5%.

 

That is 83% of all Beacon Hill condo sales. In about 5% of those sales, 620 times, the listing agent offered a higher rate than 2.5% to the buyer’s agent.

I want the public to know that all real estate commissions are negotiable and there is no set standard. This is true for listing agent commission and what commission percentage the listing agent offers to give the buyer’s agent. Ask your agent to find out what they are offering the buyer’s agent.

UPDATED 2019.

VIEW BEACON HILL APARTMENTS FOR RENT AVAILABLE FOR 2019

 

Author Profile

John Ford
John Ford
EXPERIENCE

Over the course of 20 years in the Boston downtown real estate market, John represented and sold numerous, condominiums, investment and development properties in Greater Boston and in the surrounding suburbs



In addition to representing Boston condo buyers and sellers, John is currently one of the most recognized Boston condo blog writers regarding Boston condominiums and residential real estate markets. John's insights and observations about the Boston condo market have been seen in a wide variety of the most established local & national media outlets including; Banker and Tradesman, Boston Magazine The Boston Globe, The Boston Herald and NewsWeek and Fortune magazine, among others.



HISTORY

For over 24 years, John Ford, of Ford Realty Inc., has been actively involved in the real estate industry. He started his career in commercial real estate with a national firm Spaulding & Slye and quickly realized that he had a passion for residential properties. In 1999, John entered the residential real estate market, and in 2000 John Started his own firm Ford Realty Inc. As a broker, his clients have come to love his fun, vivacious, and friendly attitude. He prides himself on bringing honesty and integrity to the entire home buying and selling process. In addition to helping buyers and sellers, he also works with rental clients. Whether you’re looking to purchase a new Boston condo or rent an apartment, you’ll quickly learn why John has a 97% closing rate.

AREAS COVERED

Back Bay

Beacon Hill

Charles River Park

Downtown/Midtown

North End

South End

Seaport District

South Boston

Waterfront

Brookline

Surrounding Communities of Boston
Contact
John Ford and his staff can be reached at 617-595-3712 or 617-720-5454. Please feel free to stop by John's Boston Beacon Hill office located at 137 Charles Street.




John Ford
Ford Realty Inc
137 Charles Street
Boston, Ma 02114

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