A random real estate question. (1 Viewer)

[SHERMAN FJ62]

Gentlemen,

I am a Texas expat I work for the military in SC. My family unfortunately has decided to sell our ranch in the hill country. This is a multi-million dollar deal. What is the standard real estate commission. A agent we met with said they could sell it in 60 days and their commission was 6%

We are in no rush to sell want top dollar. The standard for this type of deal in SC is 4%.

Is 6% normal?

We don't know these guys but 6% seem high.

Thanks

 

[waxwrapped]

6% is normal in Texas. 3% usually goes to the listing agent and 3% goes to the buyers agent. Sometimes, if the listing and buying agents are the same they will give a few points back, but you are unlikely to do much better than 6%. Try selling without an agent and you only pay a lawyer for the contract

 

[waxwrapped]

If you are interested, I'll trade a 1982 FJ60 for the ranch