September 21, 2025 - 11:53
In the current real estate landscape, buyers are required to sign a representation agreement with their agent before submitting an offer on a property. This change has prompted many to rethink how they approach commission negotiations with their agents. Understanding the commission structure is essential for ensuring that you are not overpaying for services rendered.
First and foremost, research the standard commission rates in your area, as these can vary significantly. Having a clear understanding of what is typical can empower you during negotiations. When discussing fees with your agent, be open about your budget and expectations. Many agents are willing to negotiate their commission, especially if you are a serious buyer or if the property is priced competitively.
Additionally, consider discussing the services included in the commission. Some agents may offer additional services that could justify their fees, while others might be willing to reduce their rates for a more streamlined approach. Remember, effective communication is key. By being transparent and informed, you can secure a fair commission rate that reflects the level of service you expect.
September 20, 2025 - 00:36
Thomas A. Kabel to Join Prestigious American College of Real Estate LawyersButzel attorney and shareholder Thomas A. Kabel is set to be inducted into the American College of Real Estate Lawyers (ACREL) 2025 Class at the upcoming ACREL Annual Meeting. This significant...
September 19, 2025 - 02:33
Elegant Montecito Manor Near Harry and Meghan's Home Hits the MarketA stunningly elegant property that is located just a stone`s throw from Meghan and Harry`s Montecito mansion is back on the market. This luxurious estate, priced at an impressive $35 million,...
September 18, 2025 - 01:31
Bob Richards: From Sports Broadcaster to Boston’s 2025 Commercial Broker of the YearBOSTON– Bob Richards has transitioned from a career as a CNN sportscaster to becoming one of the most influential figures in Boston`s commercial real estate sector. His journey has been anything...
September 17, 2025 - 10:58
Real Estate One Enhances Services Through Strategic Acquisition in MichiganIn a significant move to bolster its operations, Real Estate One has announced the acquisition of a prominent Michigan brokerage. This strategic expansion aims to enhance the resources and tools...