Are you looking to buy or sell a home in Arlington, Virginia? If so, you may be curious about the average commission rate for a realtor in the area. As an expert in the field of real estate, I can tell you that Clever Real Estate can help you save thousands of dollars in fees by pre-negotiating 1% listing fees with Virginia real estate agents who offer full services from major brokerage firms. It's essential to understand how the Virginia real estate commission works and how it affects your bottom line. Generally, the commission rate is divided between the buyer's agent and the seller's agent.
The buyer's agent usually receives 2.5-3% of the purchase price, while the seller's agent typically receives 3-3.5%. This means that if you are selling a home for $500,000, the total commission could be as high as $25,000. Fortunately, Clever Real Estate can help you save money on these fees by pre-negotiating 1% listing fees with Virginia real estate agents who offer full services from major brokerage firms. This could save you thousands of dollars in commission fees.
It's also important to note that home buyers and sellers continue to find great value in using an Arlington real estate agent. According to data, buyers and sellers who use an Arlington real estate agent are more likely to get a better deal on their home purchase or sale than those who don't use an agent. In conclusion, if you are looking to buy or sell a home in Arlington, Virginia, it's important to understand how the Virginia real estate commission works and how it affects your bottom line. Clever Real Estate can help you save thousands of dollars in fees by pre-negotiating 1% listing fees with Virginia real estate agents who offer full services from major brokerage firms.
Additionally, home buyers and sellers continue to find great value in using an Arlington real estate agent.
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