Is the commission rate carved in stone?
No, commissions are entirely negotiable. Our recommendation: be competitively priced and competitively commissioned. Don’t pay more than you have to, to get the job done. 3. How long should a listing agreement run? This is subject to current market and price segment conditions. If homes in your town and price range are selling within 30-60 days, three months is more than adequate. However, if homes in your town are taking 5-8 months to sell then the listing will be longer. In this case a 90 day listing will not cause your home to sell within a “reasonable time. (See also: “How To Avoid Tying Yourself Up With A 3 To 6 Month Listing.”) Money-Saving Tip: Make a list with names and addresses of any potential prospects with whom you came in contact before deciding to use a Broker, then get your Broker to agree to a reduced commission if someone on this list buys your house within the first month it is listed. 4. Having your home professionally inspected. A professional home inspector can al
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