Breaking down Real Estate commission, and how the JS Realty Team differs
Commission is the method of compensation for agency services, which is generally determined by an agreed upon percentage of the selling price.
Did you know? Fees for services are set by the individual brokers and firms. It would actually be a violation of antitrust laws for multiple firms to agree upon or fix a commission rate.
In traditional home sales, the sellers typically pay the agent’s commission—but there are exceptions. Auctions, for instance, usually charge buyers an additional “premium”.
The listing agreement is a contract between the seller and the agent, and it clearly specifies the commission rate. It details the terms under which a the rate is paid and the total commission to be paid. Therefore, buyers cannot negotiate the commission on the sale of a home. A buyer can only negotiate the purchase price and terms of the sale. The buyer’s agent is typically paid by the seller, because the listing agent is sharing a percentage of the commission. Sharing this is called cooperating, or a co-op commission.
And don’t forget, real estate commission—along with most costs associated with buying and/or selling a home—can be tax deductible!
How the JS Realty Team @ Samson Properties is different
The JS Realty Team proudly offers Full Service Listings for 4.5% (total Real Estate commission)! Other local agents charge 5, 6, even 7% of the purchase price, which means the JS Realty Team could save you thousands of dollars. In addition to a 4.5% rate, you also receive our Full Service listing package at no extra cost!
Our Full Service listing package includes, but is not limited to:
-Just Listed Postcard, Full Color Brochures
–FREE Home Market Analysis
-Enhanced listings on Realtor.com, Trulia.com, Zillow.com & others
-Featured on JSRealty4U.com and Samson Properties Website
–YouTube video & Social Media Posts—Facebook, Instagram, etc.
We’re here for you! If you’d like to learn more about us or have any questions about the services we offer, please visit our website. You can also contact us at any time for additional information.