A typical seller offers a
commission of 2.5 to 3% of the home’s sales price to the
buyer’s agent. If we represent you, we’ll limit our
commission to 1% and credit the balance of the commission
(called the “cooperating broker commission”) back to you at
close of escrow.
For example, suppose a seller is
offering a 2.5% cooperating broker commission, and you want
to make a $600,000 offer on a home. If you make the offer
through us and the deal goes through, then we’ll rebate 1.5%
of the sales price back to you at close of escrow. That’s
$9,000 cash for you.
If you use us, you’ll get excellent
advice and quality service—our lead broker Joe DiPaola is an
attorney with over 20 years experience in real estate. As a
former attorney for a Fortune 500 real estate company, he
knows how to protect your interests and make difficult deals
happen.
Here are some examples of how much you
could save:
|
Purchase price |
Buyer's agent's
commission
|
Cash
back to you
|
|
$500,000 |
2.5%
or $12,500 |
1.5% or $7,500 |
|
$500,000 |
3% or
$15,000 |
2% or $10,000 |
|
$800,000 |
2.5%
or $20,000 |
1.5% or $12,000 |
|
$800,000 |
3% or
$24,000 |
2% or $16,000 |
|
$1,200,000 |
2.5%
or $30,000 |
1.5% or $18,000 |
|
$1,200,000 |
3% or
$36,000 |
2% or $24,000 |
|
|
 |
Many buyers are able to use the cash they get back
towards their down payments. Others use the
money to furnish or landscape their new home.
|
|
How can we do it for so much
less?
Traditional
buyers' agents charge more because
many of their clients insist on
seeing dozens of homes before making
a decision. Our clients are usually
web-savvy homebuyers who have a good
idea of what
they want.
With median homes
prices running about $600,000 in
California, a traditional buyer's
agent normally collects about
$15,000 to $18,000 per sale.
It isn't hard for us to charge less
than that and still provide quality
services.
|
|
|
|
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