Difference between revisions of "Selling Your Home"
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A common approach is for an agent to charge 7% on the first $100,000 of the sale price, plus 2.5% on the rest. For example, if your home sells for $400,000, the commission under this approach would be $14,500: | A common approach is for an agent to charge 7% on the first $100,000 of the sale price, plus 2.5% on the rest. For example, if your home sells for $400,000, the commission under this approach would be $14,500: | ||
'''Portion of price Commission''' | '''Portion of price Commission'''<br> | ||
7% of $100,000 = $7,000<br> | 7% of $100,000 = $7,000<br> | ||
2.5% of $300,000 = $7,500<br> | 2.5% of $300,000 = $7,500<br> | ||