I have a home about to go on the market, expected sale price around $750,000. I think 5% is way too high myself, particularly with a quick sale. At 2%, the agent share is $15,000. Can’t imagine that it takes longer than 100 hours, so that is $150/hr. Seems like a very high rate to me.
One agent has contacted me directly, pre-sale, with a buyer. She offered me 5% to be a dual agent, and quickly back-tracked to 4.5%. I think both are ridiculous. I may consider 4%, but probably 3.5% is what I would pay in that case. Otherwise I will FSBO and offer her 2%, maybe 2.5%.
