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Colorado Springs Realtor

Real Estate Commissions in Colorado Springs, Colorado

We in the real estate community derive our income from commissions. We are not paid by our real estate company and we are not on a salary. We are paid a commission, at closing, from the sale of the home. We are only paid after the successful closing of a property. We expend all of our marketing dollars on our listings in advance, only in the hope that a property will sell and close. Otherwise, in most cases, we are not compensated for the dollars spent. This risk is one reason why commissions are at the level they are.

As a Buyer's Agent, our commission is paid by the seller, but is generally built into the price of the home. A Buyer's Agent is only paid if they close a transaction for that buyer.

Cost: What is the cost of a commission, and who pays it? A typical commission to sell a home ranges from 4-7%, depending on the property, the price range, and which services the seller is looking for. In a tight market, where there are few homes for sale and lots of buyers, commissions are more negotiable. If the market is a slow market, it will take more marketing dollars spent by me, and a longer time on the market, to get the home sold. Commissions will be less negotiable. It also will depend on whether you, the seller, are buying another property in Colorado Springs, or moving out-of-state. Many of my clients are "repeat" clients who have used me on several transactions. All of these considerations will determine what your selling commission will be. We encourage you to contact us for the opportunity to speak with you.

All commissions are negotiable!



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