How much money will I save by using Hauseit’s agent managed listing service as opposed to hiring a full service agent who charges 6%?
Because most buyers are represented by agents in NYC, traditional listing agents usually make only half of the typical 6% commission. In the case that a buyer is represented, our affiliate brokers have agreed to take only 1% versus 3% commission in a normal broker to broker transaction. Thus you would save 66% of typical seller broker fee!
With home prices at or above record highs, the savings you may achieve by working with Hauseit can be substantial. In New York City, where the 2015 median sale price is $1.87million, every additional 1% savings in the commission you pay results in an extra $18,700 in your pocket.
Disclaimer: The specific rate of commission charged by your listing agent is subject to negotiation between yourself and the affiliated agent we assign to you. It could be higher or lower than 1% of the sale price.