Pay Less Commission to Sell Your Home in Michigan

August 09, 2022 | 2 min read



Are you planning to sell your home in Michigan? Well, you will probably work with a local real estate agent to navigate the transaction. Agents bring invaluable experience to the table. Licensed agents can be an asset to you throughout the process. However, agents render their services in exchange for usually a hefty commission. This cost can be very inconsistent and thus frustrating. But there are other options too.

Are you planning to sell your home in Michigan? Well, you will probably work with a local real estate agent to navigate the transaction. Agents bring invaluable experience to the table. Licensed agents can be an asset to you throughout the process. However, agents render their services in exchange for usually a hefty commission. This cost can be very inconsistent and thus frustrating. But there are other options too.

The Impact of Higher Commissions

Typically, the commission can range from 5% to 6% of the total sale price or whatever your agent states. It might not sound like a lot, but expenses do add up pretty quickly. This fee is also divided among the seller’s and buyer’s agents. In fact, to recoup the losses, sellers pass on the added cost to buyers in the shape of a higher price tag on the property. So, even the slightest difference in commissions can greatly impact all parties.

Sell Your Home for a Lower Commission

With so many developments unfolding in the real estate sector, you, as a home seller, have several options. A 6% commission isn’t a standard anymore. You can sell at a much lower fee now. But, understanding what is important for your needs could save thousands at the end of the transaction. Besides, situations like market fluctuations tend to shift the commissions even lower. The average hovers between 5% and 6%, but it can drive down further in the coming times or rise as economy strengthens.

Sell Your Home in Michigan with RealtyOffer

There may be pitfalls to the system, which is why RealtyOffer structures the process safely, conveniently, and differently. We work to offer greater efficiencies and reduced costs through our portal. Numerous sellers on RealtyOffer have kept thousands of dollars in their pockets. Our agents bid their commission rates via our secure system, and registered sellers and buyers can choose a bid that suits their financial goals from the 3 they receive. RealtyOffer keeps your information private until you choose your agent. At that time, information is exchanged between you and your chosen agent, and either party can initiate contact. Our agents will be your advocates helping you successfully sail through your transaction. Same agent, less commission!

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