How to sell your home in Colorado and metro Denver and make the most money. How much do real estate agents cost?
Still, the most frequent amount charged by listing brokerages to list your home on REColorado, IRES, & PPAR is close to 6% in Colorado and metro Denver. Of this 6%, listing brokerages will offer to pay 2.8% to the cooperating broker, also known as the buyer's agent. The listing brokerage and listing broker will retain the remaining 3.2%. With an average home price in metro Denver close to $500,000 that has the listing agent walking away with $16,000 compared to my $5,000 flat fee.
Denver Realtor Christopher Gibson lists and sells home for $5,000 + 2.8% that he then passes through the 2.8% to the buyer's agent / cooperating broker. See how this flat fee real estate model breaks down below for Colorado home sellers. Christopher Gibson never offers less than the 2.8% to Buyer's Agents because along with top notch marketing we want the price of the home isolated as the only variable in the home sale equation.
As you can see this discount flat fee real estate Colorado listing model results in $11,000 of savings for a metro Denver home seller at a $500,000 sales price, but is this a case of "you get what you pay for"?
If you are interviewing other metro Denver real estate agents I challenge you to find one who offers all of this without the flat fee option, let alone with it.
Many of the flat fee real estate agents will enlist themselves as Transaction Brokers, which means they do not offer any of the services below that Denver Realtor Christopher Gibson offers when he enlists himself as a Seller's Agent.