Understanding Sellers Fees in Fort Lauderdale

by | Dec 26, 2013 | Real Estate

Top Stories

Categories

Archives

When buying a home you will be faced with a whole list of extra charges, such as mortgage fees, deposit, down payment, survey and home inspection, an appraisal, property taxes and a whole load of other costs. However, as a seller your job is pretty simple. You will pay your real estate agent fees and that’s pretty much it.

Generally, around the country, seller fees—otherwise known as commission—can vary accordingly. They can be dictated by the price of your home, the cost of living in the area and agent percentage fees. Remember that when you are selling a home and you do engage a real estate agent they will charge you a final fee for doing all the work to sell your home. They are responsible for finding and bringing viewers to your home and they take charge of publicity and advertising to get your home the optimum amount of exposure to sell it. This can come to many man hours of work or it can sell within the first week. It really a toss of the coin and based on the location and condition of your home as well as the selling price.

How Much are the Fees?

You might find an average of 3.95% Sellers Fee Fort Lauderdale FL, compared to perhaps 4.2% in another part of Florida or another part of the country. When you decide to choose which real estate agent you are going to use, ask what their fees are and what they do for that money. Because all real estate agent work on a commission basis they will have to put in the hours to sell your home before they earn a penny from it, so it is in their interests to do the best job possible. Once your home sells they will also, in many cases, help your buyer to find a mortgage and this will also incur the buyers closing costs, appraisal costs and all the above mentioned fees for buyers. The real estate agent takes care of most of this and therefore you don’t have to. They take the pressure out of selling your home, allowing you to continue your own hunt for your perfect property. If you are using the same agent for selling your home and purchasing another home you can negotiate fees.

To understand the 3.95% Sellers Fee in Fort Lauderdale FL, contact Home Realty USA and speak to an expert.