The Frugal Broker offers cooperating brokers an extra financial incentive to show your home to as many potential buyers as possible.
The Result: YOU SELL YOUR HOME FASTER!
When a homeowner lists property with a full service real estate broker, typically, the homeowner pays the listing broker a commission equal to 6.00% of the sale price. On occasion, the listing broker will locate the buyer, and collect the entire commission. However, in the vast majority of real estate transactions, a cooperating broker locates the property on behalf of the buyer, and guides the buyer through the purchase process. At closing, the listing and cooperating brokers generally split the commission (i.e. 3.60% for the listing broker, and 2.40% for the cooperating broker).
| Price of Home | Typical Commission Paid by the Homeowner to the Listing Broker (6.00%) | Typical Commission Paid by the Listing Broker to the Buyer’s Broker (2.40%) | Commission Paid by the Homeowner to The Frugal Broker (6.00%) | Commission Paid by The Frugal Broker to the Buyer’s Broker (2.90%) | Extra Incentive Paid by The Frugal Broker to the Buyer’s Broker (0.50%) |
|---|---|---|---|---|---|
| $50,000 | $3,000 | $1,200 | $3,000 | $1,450 | $250 |
| $75,000 | $4,500 | $1,800 | $4,500 | $2,175 | $375 |
| $100,000 | $6,000 | $2,400 | $6,000 | $2,900 | $500 |
| $150,000 | $9,000 | $3,600 | $9,000 | $4,350 | $750 |
| $200,000 | $12,000 | $4,800 | $12,000 | $5,800 | $1,000 |
| $250,000 | $15,000 | $6,000 | $15,000 | $7,250 | $1,250 |
| $300,000 | $18,000 | $7,200 | $18,000 | $8,700 | $1,500 |
| $350,000 | $21,000 | $8,400 | $21,000 | $10,150 | $1,750 |
| $400,000 | $24,000 | $9,600 | $24,000 | $11,600 | $2,000 |
| $450,000 | $27,000 | $10,800 | $27,000 | $13,050 | $2,250 |
| $500,000 | $30,000 | $12,000 | $30,000 | $14,500 | $2,500 |
| $1,000,000 | $60,000 | $24,000 | $60,000 | $29,000 | $5,000 |
Unlike typical full service real estate brokers, who offer cooperating brokers 2.40%, The Frugal Broker offers cooperating brokers 2.90%. The Bottom Line… YOU SELL YOUR HOME FASTER!
Put Us To Work For You, And Our Incentive Based Commission System Will Help You Sell Your Home Faster!