Who's Helping Whom?

One of the great parts of working in the Montpelier real estate market is that there are some great people in the field.  Agents cooperate all the time, bringing buyers, keeping deals together, etc. 

I’ve had a couple of people ask how that cooperation works with respect to the commission.  While it may be different in different parts of the country, in the Montpelier real estate market, usually the commission is paid by the seller, and it’s split evenly between the cooperating brokers.  That means, for example, that if a house is listed by Heney Realtors, and someone from Ajax Realtors brings a buyer, the commission is split 50-50.

It sort of makes sense.  I mean, both realtors are going to work their tails off keeping everything on track.

There are over 60 agents in Washington County alone, and, as a seller, you’re also looking to attract buyers from all across the country.

One question to ask when you’re selling your home in the Montpelier real estate market is how the commission is shared.  If the listing agency splits it evenly with the buyer agency, then you’re likely to get a lot more buyers’ agents showing your house.  You want that. 

If you run into a listing agent who has a different split, make sure you find out why, and make sure it’s done with your best interest in mind.  Remember, you want everyone in the Montpelier real estate market working for you.

Become an expert.  Remember Ray.