Are you looking to buy or sell a home in Arlington, Virginia? If so, you may be wondering what the average commission rate for a realtor in the area is. As an expert in the field of real estate, I can help you understand how the commission rate works in Virginia and how you can 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. The commission rate is typically split between the buyer's agent and the seller's agent. The buyer's agent typically receives 2.5-3% of the sale price, while the seller's agent typically receives 3-3.5%.
This means that if you are selling your home, you can expect to pay 6-7% of the sale price in commission fees. However, it is possible to save money on commission fees by using Clever Real Estate. Clever Real Estate has pre-negotiated 1% listing fees with Virginia real estate agents who offer full services from major brokerage firms. This means that if you are selling your home, you can save up to 5% on commission fees.
In addition to saving money on commission fees, it is important to remember that home buyers and sellers continue to find overwhelming value in using an Arlington real estate agent. An experienced realtor can provide invaluable advice and guidance throughout the process and help you navigate the complexities of the local market to get the best deal possible. So if you are looking to buy or sell a home in Arlington, Virginia, it is important to understand how the commission rate works and how you can save money on commission fees by using Clever Real Estate. With their pre-negotiated 1% listing fees with Virginia real estate agents who offer full services from major brokerage firms, you can save up to 5% on commission fees.
