Right, the standard for resale is 3% to list and 3% to sell, but you can negotiate higher or lower depending on the circumstances. Vacant land is usually 10%. If you're working for a builder selling new construction then it's usually a lot lower (because you sell more) and not based on a percentage of price and varies from builder to builder.
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Right, the standard for resale is 3% to list and 3% to sell, but you can negotiate higher or lower depending on the circumstances. Vacant land is usually 10%. If you're working for a builder selling new construction then it's usually a lot lower (because you sell more) and not based on a percentage of price and varies from builder to builder.
Commission is always negotiable, it can be 1% - 10%, a flat fee, someone can pay you on installments, there are alot of possibilities on commission.
Normally 3% on most deals; however each sale is different.
%?
culturally from 3% to 3.5%.
legally, anything you can get.