Pricing
My Rates
Selling A Home:
For a full service listing I charge a commission of 4% of the final sales price of the home which I split evenly with the agent that brings the buyer. If you find the buyer then you keep the half of the commission meant for procuring agent. If I bring the buyer then we’ll evenly split the half of the commission meant for procuring agent.
Buying A Home:
I split the commission offered by the seller with the seller’s agent.
I operate in Southern California and based out of Orange County. Though I can potentially work with any buyers & sellers in California.
Flat Rate Fee Services
If you are looking to sell your own home but need help with a few things like an MLS Listing, virtual tour, contracts, etc. I offer flat rate fees for such services.*
*Please note that I will not be representing you or negotiating for you if you go this route. I will point any potential buyers your way and you will deal directly with the buyers. Also if you wish to have an MLS Listing set up for your home please consider offering a cooperating commission of 1.5% to 2.5% as most agents will steer away their buyers from such listings as they won’t get paid.
MLS Listing For Your Home
$400
Market Price Analysis Of A Home
$200
Virtual Tour Of Home
$300
Professional Photos & Videos
$300
Contract, Documents, & Coordination
$400
Ad Campaign On Social Media & Google
$400
How are real estate agents paid?
This is most common situation:
Real estate agents are paid by receiving a commission which is a percentage of the final sales price of the home. The commission percentage is determined by the seller of the home. The seller hires a real estate agent to sell their home for X% but only if the real estate agent agrees to split commission evenly with the real estate agent that brings the person that purchases the house.
For example let’s say an agent agrees to sell a client’s home for a 5% commission. The home sells for $500,000 meaning the commission is 5% of $500,000 which equals a $25,000 commission for the agent. The commission comes out of the $500,000 that was paid to the seller for their home. This means the seller receives $500,000 minus the $25,000 commission for a total of $475,000.
The real estate agent then evenly splits the commission equally with the buyer’s agent. Meaning they both get $12,500. Real estate agents have to work under a broker who also takes a cut. Typically the split 60% to the agent and 40% to the broker. This means the seller’s real estate agent gets $7,500 and their broker gets $5,000. The buyer’s agent also gets $7,500 while their broker also gets $5,000.
Payment of the commission is automatically handled by the escrow company that is managing the transaction. This means that neither the buyer or seller directly pays the agents.
Though this is most common way everything can be negotiated and structured in every way you can think of. Which is why that I can offer a commission rate of 4% because I am an independent broker and work for myself. This is also why I can also offer flat rates for particular services that you saw above.