onlygirlsmom

Commission on selling Land

onlygirlsmom
11 years ago

Hi-

My DH and I are looking to put our 3 acre parcel of land on the market. I was speaking with a friend of ours who is a realtor and she said that the commission is closer to 10% on land b/c it's more work. Why is selling a parcel of land more work and how does that merit 10%? She also said that if the commission were too low (ie: 5-6%) a realtor wouldn't even try and sell it. We're in MI where the market sucks. Why would a realtor forgo selling a property b/c the commission weren't high enough -I would think they'd be happy with just getting a sale (and I thought 6% was pretty much the norm in re: to commission)

thanks!

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