YES! In order to be in the MLS, home sellers are required to offer a Buyer’s Agent Commission. But you only have to pay that commission if your property is sold to a buyer who is represented by an agent. If the buyer does not have an agent, you don’t pay a commission AT ALL! The average commission is 2.5-3%, so we usually recommend that is what you offer. Think about it this way, a buyers agent job is to find homes for their buyers but they also want to get paid for their time and effort, just like you do at your job. Motivate all the buyers agents out there to work FOR YOU by offering a 2.5-3% commission and get your home sold.
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