Housing Blogs

Selling a home is expensive — especially after agents take their 5% or 6% cut. But as we reported on March 20, some Realtors have started charging commissions of as much as 8% to make up for the time and expense involved in finding buyers during the worst housing market in years.

Sellers who agree to pay the hefty agent fees are sometimes given premium services, such as home staging, media blitzes and guarantees that the house will be sold within a month or two. But the higher commissions are intended primarily to give agents an incentive to direct buyers to the property and to play up the pros and play down the cons.
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Original Source: www.businessweek.com