Commissions

Real estate brokers or agents normally charge a commission for listing and selling your real estate. The rate varies, both by region and according to service level. In most areas the commission is calculated as a percentage of the sales price and rates of up to 7% are not uncommon. Your listing contract will specify both the amount of the commission and the timing for when it will be paid.

Rather than charging a commission, TxLots.com charges a flat fee to manage your listing(s) and the various promotional methods that work so well for our clients.

TxLots.com recommends that you offer to pay the buyer's agent (if any) a fee that is fair and common for the area. (A typical example might be 3-4%.) Like everything else in real estate, commissions are negotiable.