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Real Estate & Property Law

: Closing Real Estate in Chicago

Paying a Broker MORE To Sell Your Home

By Peter Olson, Esq.

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We've written about this previously here but I saw another take on the issue here from BusinessWeek. From the piece...

Jim McCarty decided a year ago to give real estate agents an added incentive to guide buyers past the clutter of for-sale signs to his vacant four-bedroom house about 20 miles outside of Minneapolis. He agreed to pay his agent an 8% commission, which would be split (55%/45%) with the agent representing the buyer.

As long as you keep the listing time frame fairly short what's to lose??

Full post as published by Closing Real Estate in Chicago on March 24, 2008 (boomark / email).

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