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What Is The Realtor Commission In Michigan

What Is The Realtor Commission In Michigan. Grand Rapids is the second-largest city in Michigan and the largest city in West Michigan. So the specific amount depends on how much your home sells for and varies by agent but its commonly around 6 of the sale.

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Of all the typical free services offered by our partner agents the most common are photography postcards and virtual tours. In 2010 the Grand Rapids metropolitan area had a population of. E-Quote.

However you may find an agent will take less If seller pays less commission could mean the commission offered to the Buyer agent could be less and that could detr agent form showing your property means less shown and longer time to sell but you know the say you get for what you pay for.

While theres a standard going rate of 6 split between buyers and sellers agents theres no legally set rate for any type of real estate transaction. For a house sold for 184304 which is the median home value according to Zillow this translates to 9280 to 10755 in real estate agent commission costs. The real estate agent commission is a percentage of the sale price. You dont HAVE to pay 6 when selling.