Q: What is the current average real estate commission in Pittsburgh, PA and the Eastern Suburbs?
?Anonymous, Pittsburgh, PA
A: Anecdotal public data may reveal average buyer agent commission running in a range from 2%-3% as an estimate. Problem is getting the seller?s agent commission since it is usually not advertised.
The very best way to get a feel for the commission being charged in your area is to interview several agents for the opportunity to represent you. Each of the interviewees should discuss their commission, marketing plan, list price, etc. You are not required to hire any of them, but this way you will see what is the going rate and assess what kind of real estate professionals are out there.
Remember, cheaper is not always better. Professionalism and knowledge is KEY in this current market.
Adam Aguilar is a Realtor? with Reliantra in West Toluca Lake, CA.
A: That?s tough to answer. Commissions in CA are negotiated between a realtor and the seller, then the listing agent and buyers agent split the commission, then the Realtors have to split that with their brokers. Then they have to pay taxes on it. I can say average list contract in Cal. is for 6% of the sale price then listing and selling agents each get 3% to split with their brokers. So on say a $6000 commission a Realtor will net approx. 2000 (after broker split and taxes.)
Dawn Rivera is a Realtor? with Realty World-Viking Realty in Fremont, CA.
A: All commissions are negotiable and the federal anti-trust laws prohibit real estate professionals from having discussions about ?typical? or ?average? commissions.
Linda Walters is a Realtor? with Sage Realty LLC in Wayne, PA.
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- How Is Real Estate Commission Determined?
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