Is Redfin really a 1% listing fee?

Is Redfin really a 1% listing fee?

Real estate website and brokerage Redfin has launched a 1% listing fee for the first time in California, which could save home sellers hundreds of dollars in commission costs.

What is a 1 listing fee?

A 1% commission realtor is an agent who will list and sell a home for 1% of the final sale price. Most listing agents and brokers charge between 2.5-3% for this service, so a 1% listing fee could net you big savings.

What is the real estate commission in DE?

πŸ“Š The data: We surveyed local agents and found that the average real estate commission in Delaware is 5.75%, which is higher than the national average of 5.50%. Realtor commission is usually the largest cost you’ll face when selling your home β€” but you don’t have to pay the full 5.75%.

Is Redfin free to list?

Redfin announced earlier this week that it is expanding its agent-free homebuying program to β€œmost” of its California markets, including Fresno, Inland Empire, Los Angeles, Orange County, Palm Springs, Sacramento, San Diego, and Santa Barbara.

How much does a realtor make in Delaware?

The average salary for a real estate agent in Delaware is around $43,940 per year.

How are closing costs calculated in Delaware?

Typically, buyers pay between 2% to 5% of the purchase price in closing costs. If you decided to buy a Delaware home priced at the state median listing price of $289,500, you would pay between $5,790 and $14,475 in closing costs. Keep in mind that your location and property may influence your costs.