Pros and Cons of Low Commission Real Estate Agents: Are They Right for You?

When it’s time to sell your home, it’s only natural to think of your bottom line. A home, after all, is most people’s largest financial asset. To maximize profit and lower home-selling costs, you might have considered contacting low commission real estate agents to help with your sale. Maybe you remodeled the kitchen and hope to get that money back as you sell, or you’re planning on funding part of your retirement with your proceeds. Since agent commissions take a cut of your final sale price, you want to explore ways to reduce this expense and maximize your profit. Find an Agent Worth Their Commission We’ll connect you with three top local agents proven to deliver amazing results for their clients. You won’t regret a dime spent! Low commission real estate agents offer to sell your home for a commission a few percentage points lower than what’s typical. Historically, the average commission rate has been 5.8% of the home price. However, with new agent commission rules in place, the average percentage and who pays have changed. Nonetheless, low commission agents claim that because they’re paid less, you make more on the sale. But will those savings on commission cost you in other way...