SELL YOUR PROPERTY with The Frugal Broker Realty

Cost (Flat Fee) – Greater Wisconsin

Potential seller's homeRegardless of how much your property sells for, The Frugal Broker will provide all of the services noted on the Seller Services (Flat Fee) page for $500.

That said, the overwhelming majority of prospective buyers are represented by cooperating brokers who provide a wide range of important services (i.e. locating properties; scheduling showings; attending showings; researching property values; drafting offers; negotiating terms with the seller or listing agent; coordinating with the home inspector, lender, appraiser, insurance agent, title agent, closing agent, etc.). As such, most sellers offer to compensate cooperating brokers.

You are free to offer as little or as much compensation to cooperating brokers as you see fit.  In this part of the State, the typical compensation offered to cooperating brokers is 2.40% of the sale price.  Accordingly, The Frugal Broker recommends that you offer cooperating brokers at least 2.40% of the sale price.

Cost Analysis

Sale Price The Frugal Broker’s Fee Recommended Compensation for Cooperating Brokers (2.40% of Sale Price) Total Real Estate Brokerage Expense
$50,000
$500
$1,200
3.40% of sale price ($1,700)
$75,000
$500
$1,800
3.07% of sale price ($2,300)
$100,000
$500
$2,400
2.90% of sale price ($2,900)
$150,000
$500
$3,600
2.73% of sale price ($4,100)
$200,000
$500
$4,800
2.65% of sale price ($5,300)
$250,000
$500
$6,000
2.60% of sale price ($6,500)
$300,000
$500
$7,200
2.57% of sale price ($7,700)
$350,000
$500
$8,400
2.54% of sale price ($8,900)
$400,000
$500
$9,600
2.53% of sale price ($10,100)
$450,000
$500
$10,800
2.51% of sale price ($11,300)
$500,000
$500
$12,000
2.50% of sale price ($12,500)
$1,000,000
$500
$24,000
2.45% of sale price ($24,500)

If the buyer is not represented, then you don’t have to compensate a cooperating broker!

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