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Updated over 16 years ago on . Most recent reply

User Stats

117
Posts
44
Votes
Jeff NA
  • Involved In Real Estate
  • Portland, OR
44
Votes |
117
Posts

Very basic, perhaps dumb, question about realtor commissions.

Jeff NA
  • Involved In Real Estate
  • Portland, OR
Posted

Completely out of curiosity, and at the risk of sounding very dumb, can anyone tell me what the commissions are on selling (or acting as a buyer's agent for) multi million dollar properties? Just wasting time sitting at my desk, I looked at a $4.5M parcel and was wondering if an agent still gets a typical 3% on something like that, or if that is negotiated down.

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