In real estate, commissions have been a somewhat questionable topic to discuss, but it’s important you understand how they actually work.
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There is no such thing as a set commission in real estate. By law, commission rates have to be negotiable; the real estate community as a whole can’t just decide what you’ll pay.
And when it comes to real estate, it’s important to know that you get what you pay for. If a firm says they’ll do a 1% commission, it will still be a 4% commission because you’re still paying the buyer’s agent when they bring the buyer a 3% commision. If they’re being deceitful in how they market themselves in the first place, how do you think the rest of the transaction will go?
The Hauer Home Team’s philosophy when it comes to commissions is if you’re aren’t getting value from what we bring to the table, then we don’t see the point of charging you money for it; it’s as simple as that.
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The Hauer Home Team’s philosophy about commissions is if you’re aren’t getting value from what we bring to the table, then we don’t see the point of charging you money for it.
”We have what we refer to as our variable commission schedule—it’s entirely dependant on the value that we bring to you. For example, if you have a friend or family member who is interested in purchasing your house, that’s totally unrelated to the elaborate marketing efforts that we normally put forth to get your home on the market, and in that situation, we’ll charge you a big, fat 0% commission for the transaction.
That’s part of the benefit of working with a team of our volume: The average agent sells eight homes a year, while we sell over 100 homes in that time frame. Because of how much business we consistently pull in, we can take the loss of money we spend on marketing when you don’t end up needing it.
Additionally, if you find the buyer for your house on your own, we can help you facilitate the sale for a 1% commission. That way, you know that everything has been done properly in the transaction, and you’ll still pay much less than if we had found the buyer for you. If we find your buyer for you, we charge the typical 5% commision, and if an outside agent ends up bringing the buyer, then it’s a 6% commission. However it happens, we’ll take good care of you.
If you have any questions regarding commission or how we can help you sell your home, please reach out to us. We can discuss in detail exactly how we can help you make the most money possible from your transaction.
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