When I meet with clients they often ask if my Boston real estate commissions are negotiable. the answer is YES. The more services you ask from me the higher the fee, and vise versa.
We are not allowed to discuss commissions amongst other Boston real estate brokers and there are no price lists out there. If two brokers discuss how much they charge they can be accused of price-fixing.
People who believe that all real estate agents always charge a certain amount probably end up paying more. Boston real estate commissions are always negotiable and there is no “going rate”. With that said, there is an average which ranges from 4-5%
If there isn’t an average rate how do people know you’re are getting a discount? I offer a flat fee option where the seller does most of the work and I charge a flat fee upfront for limited services. Those services usually include listing the home on the MLS and photography and more. Not all real estate companies offer flat-fee options.
Getting paid upfront is different, normally I work for free until after the sale closes and if it doesn’t close for any reason I don’t get paid.
Oh and please report an agent who won’t show a home because the commission payout to the buyer’s agent is low. You can and should file an ethics complaint against that agent.
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