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Ask our community...commission

what is the commission % if i sell my house thru zillow?
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December 28 2010 - US
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The commision is negotiable. If you are going for sale by owner everything is negotiable because you will get several questions/concerns etc that can be hard to answer if you are not a RE Professional. I would go with standard 3% offering but first reccomendation is to look at stats and realize agents bring more to you as far as what you sell your home for and time sold. Getting stuck on commission can cost alot of money over time when home just sits on market
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December 28 2010
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Zillow is not a real estate agency so if you post your house for sale by owner, you do not owe any commission unless your agree to pay the buyer's agent if they have one. Often, you can increase your number of showings by agents with clients in tow by offering a commission of between 1-4% depending on your market and your area.

A commission is not required and it is not a set amount, but offering a commission to buyers agents is often done by FSBO's to increase the likelihood that their house will sell to a buyer with representation. You can set the price slightly higher as long as you are still well priced to cover the commission or offer buyers with no agent a 2% discount as an incentive to buy.
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December 28 2010
Commission is only paid when you contract with a real estate professional to list your home and there is a successful close of escrow under the terms of that contract. Simply listing your home on zillow for sale will not require any commission.
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December 28 2010
If you are not listed with a brokerage and selling to an unrepresented buyer ...Nothing
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December 29 2010
 
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