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 fifty-fifty (i.e. 3.00% per 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 (3.00%) | Commission Paid by the Homeowner to The Frugal Broker (6.00%) | Commission Paid by The Frugal Broker to the Buyer’s Broker (3.50%) | Extra Incentive Paid by The Frugal Broker to the Buyer’s Broker (0.50%) |
|---|---|---|---|---|---|
| $50,000 | $3,000 | $1,500 | $3,000 | $1,750 | $250 |
| $75,000 | $4,500 | $2,250 | $4,500 | $2,625 | $375 |
| $100,000 | $6,000 | $3,000 | $6,000 | $3,500 | $500 |
| $150,000 | $9,000 | $4,500 | $9,000 | $5,250 | $750 |
| $200,000 | $12,000 | $6,000 | $12,000 | $7,000 | $1,000 |
| $250,000 | $15,000 | $7,500 | $15,000 | $8,750 | $1,250 |
| $300,000 | $18,000 | $9,000 | $18,000 | $10,500 | $1,500 |
| $350,000 | $21,000 | $10,500 | $21,000 | $12,250 | $1,750 |
| $400,000 | $24,000 | $12,000 | $24,000 | $14,000 | $2,000 |
| $450,000 | $27,000 | $13,500 | $27,000 | $15,750 | $2,250 |
| $500,000 | $30,000 | $15,000 | $30,000 | $17,500 | $2,500 |
| $1,000,000 | $60,000 | $30,000 | $60,000 | $35,000 | $5,000 |
Unlike typical full service real estate brokers, who offer cooperating brokers 3.00%, The Frugal Broker offers buyer brokers 3.50%. 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!