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Ambassador
2,454,984
Kat Palmiotti
eXp Commercial, Referral Divison - Kalispell, MT
Helping your Montana dreams take root

Are you a real estate agent (or future one)? If yes, the fee is whatever you work out with your client (within your broker guidelines).

Are you a seller or buyer? If yes, the fee is whatever you work out with your agent.

 

Nov 09, 2018 03:21 AM
Rainmaker
1,055,762
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Oh, that's where you have to draw blood and sign over your first born. I did it a few times already! But alas that ship has sailed. I can provide no more offspring.

Commissions are always negotiable, there's no set fee anywhere, and to even discuss numbers is a violation of antitrust laws and you will find very few agents willing to engage.

Nov 09, 2018 05:09 AM
Rainer
187,002
Raj Taj
RE/MAX - Lake Bluff, IL
Drive By Blessings!

 Ask your broker or your motha.

Nov 09, 2018 04:22 AM
Rainmaker
1,846,551
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

You have to be a newbie. Better bone up on discussing this. I'm sure it was in your school studies.

Nov 09, 2018 05:21 AM
Rainmaker
759,185
Peter Testa
Nationwide Homes - Danbury, CT
PETER TESTA

For asking this in a public forum, for you- double. 

Nov 09, 2018 05:17 AM
Rainmaker
1,200,927
Doug Dawes
Keller Williams Evolution - 447 Boston Street, Suite #5, Topsfield, MA - Topsfield, MA
Your Personal Realtor®

Commission is negotiable

Nov 09, 2018 05:06 AM
Ambassador
5,252,117
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Ask your broker. We are not allowed to discuss our fees with you or any other real estate agent.

Nov 09, 2018 05:46 AM
Rainmaker
5,110,554
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I would have no idea as I'm not in Indianapolis. Commissions are negotiated. There is no "set" commission rate anywhere.

Nov 09, 2018 03:52 AM
Ambassador
6,413,611
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

If you get a good one that knows how to negotiate it may be high, if you get an inexperienced agent that is likely to sell you out it may be fairly low as indicated by their inability to negotiate their own fee.

Before I became an agent I always went with an agent who charged a good fee and knew how to negotiate well.

Btw, if there were a "set fee" for any place the feds would be in there quickly throwing people in jail and issuing huge fines.

Nov 09, 2018 07:30 AM
Rainmaker
2,221,377
Anthony Acosta - ALLATLANTAcondos.com
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

emily millercs one suggestion I can offer is; Refrain from discussing commission fee, it is against the law for real estate licensees to discuss commissions with competitors. 

Sherman Antitrust Act. 

Nov 09, 2018 06:26 AM
Rainmaker
4,898,253
Richard Weeks
Dallas, TX
REALTOR®, Broker

You don't get what you deserve, you get what you negotiate.

Nov 09, 2018 04:40 AM
Rainmaker
3,416,038
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Commissions are negotiable. Most important is to ask what you get for what you may pay. 

Nov 09, 2018 05:15 AM
Rainmaker
5,583,328
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

commissions are negotiable....

Nov 09, 2018 04:56 AM
Rainmaker
2,190,535
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

You'll learn this as you interview w/ Brokers

Nov 09, 2018 04:54 AM
Rainmaker
940,437
Bruce Walter
Keller Williams Realty Lafayette/West Lafayette, Indiana - West Lafayette, IN

 Emily, we just sold a house down in the north suburban area of Indianapolis in Hamilton County on the buyer side.  Commissions are negotiable and may vary from brokerage and agent so a consumer or agent outside the MIBOR (Mid Indiana Board Of Realtors®) would certainly want to discuss before listing a house or selling a house outside of MIBOR.  

 

Nov 09, 2018 04:12 AM
Rainmaker
4,580,874
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Reported. 

Nov 09, 2018 11:21 AM
Rainmaker
519,324
Dan Tabit
Keller Williams Bellevue - Sammamish, WA

It's always more than the seller wants and less than the agent would prefer, but most will accept what's offered. 

Nov 09, 2018 10:26 AM
Rainmaker
1,505,503
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Are you an agent or a client?

Nov 09, 2018 09:52 AM
Rainmaker
1,153,794
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

It's A LOT

Nov 09, 2018 09:49 AM
Rainmaker
2,784,116
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Whatever is agreed to. No sarcasm intended. It is negotiable everywhere

Nov 09, 2018 09:15 AM
Rainer
509,449
Susie Kay
Ultra Real Estate Dallas Fort Worth - Plano, TX
North Dallas Specialist

It's negotiable.

Nov 09, 2018 08:22 AM
Rainmaker
7,860,241
Roy Kelley
Retired - Gaithersburg, MD

The commission will be shown on the MLS listing.

Nov 09, 2018 08:03 AM
Rainmaker
5,772,575
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Indianapolis does what they do...Ask someone who is in the know there. A

Nov 09, 2018 07:17 AM
Ambassador
3,348,879
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Negotiated. 

Nov 09, 2018 07:08 AM
Ambassador
2,186,671
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

Hi Emily,
Commissions are always negotiable. 

Nov 09, 2018 06:36 AM
Ambassador
3,137,025
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
St. George Utah Area Residential Sales Agent

Between you and the buyer/seller who has signed a legal contract only.

Nov 09, 2018 06:09 AM
Rainmaker
5,235,760
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Whatever your sponsoring broker requires!

Nov 09, 2018 05:41 AM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

It is identical to every other location in the USA.

Be aware some brokerage business models treat agents as employees and dictate the compensation and even the price points in which an agent can participate. These organizations (one is among the biggest RE franchise) are an aberration to the 'independat' facade presented by the agent industry.

All real estate professional fees are negotiable in accordance the the laws of many states. Of course many parties exist to control those fees and dictate how those fees will be apportioned. And many agents choose to disperse the fees they negotiate to as many as five other parties who may have some remote connection and often no contribution to the transaction.  The FEE negotiated and the NET realized can bring an agent to tears.

Nov 09, 2018 05:34 AM
Rainmaker
577,750
Gloria Valvasori, Accredited Senior Agent
BETTER HOMES AND GARDENS REAL ESTATE SIGNATURE SERVICE - Mississauga, ON
REAL Experience | REAL Commitment | REAL Results!

there is no set real estate fee, it is always negotiable...you should have learned that in your class...

Nov 09, 2018 05:33 AM
Ambassador
2,684,569
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

If you have to ask, you probably can't afford it.

Nov 09, 2018 05:25 AM
Ambassador
3,740,231
Patricia Kennedy
RLAH@properties - Washington, DC
Home in the Capital

How about negotiable?  

Nov 11, 2018 08:03 PM
Rainmaker
1,624,653
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

How much do you think your service worth? 

Nov 10, 2018 07:56 PM
Rainmaker
1,321,484
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

The real estate commission fee in Indianapolis is whatever the seller and their listing agent have negotiated.

It's the same where I work.

Nov 10, 2018 02:50 PM
Rainmaker
887,942
Debra Leisek
Bay Realty,Inc Homer Alaska - Homer, AK

very weird question....

Nov 10, 2018 01:00 AM
Rainmaker
1,598,452
Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent

No idea.

Nov 09, 2018 10:26 PM
Rainmaker
2,071,025
Evelina Tsigelnitskaya
SIB Realty - Sunny Isles Beach, FL

Negotiable.

Nov 09, 2018 10:05 PM
Rainmaker
3,986,308
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Before you get to deep you need to check the laws on this

Nov 09, 2018 05:55 PM
Rainmaker
536,943
Rose Mary Justice
Synergy Realty Pros - Dandridge, TN
Synergy Realty Pros

Negotiable

 

Nov 09, 2018 05:44 PM
Rainmaker
4,174,342
John Pusa
Glendale, CA

Ask any reale state broker in Indianapolis!

Nov 09, 2018 03:52 PM
Rainmaker
4,434,177
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Do not discuss commissions here. They should have taught this in school

Nov 09, 2018 02:08 PM
Rainmaker
1,241,504
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

 That depends on the brokerage. Somwe charge more than others.

Nov 09, 2018 08:22 AM
Rainmaker
4,800,132
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Negotiable, I'm sure.

Nov 09, 2018 05:41 AM
Rainmaker
1,045,440
Dave Martin (703) 585-4687
Fairfax Realty - Fairfax, VA
Making Realty Dreams a Reality #WeWillGetYouHome

If you are referring to the fees paid by your clients? All fees and commissions are negotiable. They are not SET or fixed. emily millercs 

Nov 15, 2018 11:29 AM
Rainmaker
4,956,893
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Sorry, will not discuss this subject.

 

Nov 12, 2018 10:43 AM
Rainer
20,445
Romylio "Romeo" Cordoba - NSB Realtor
Adams Cameron and Co. Realtors - New Smyrna Beach, FL
Daytona Beach Real Estate Agent

There is no set fee, that is up to the Real Estate agent and Broker. The average in most places is usually 6%-7% but is not required.

Nov 09, 2018 09:56 PM
Rainmaker
5,876,323
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I live in CO, and would have no idea.

Nov 14, 2018 10:33 AM