It is 6% as a general rule here in Arkansas. You can negotiate your commisssion if you like, but bear in mind the real estate firm has to profit from the deal if you want it advertised and marketed in a fashionable manner. If it should happen to be sold by another real estate firm the two firms will split the commission. Where we are there is a firm that got to cutting their commissions drastically to get the listing, but did not have the buying customers. Therefore when the remainder of the firms discovered what they were doing, no one wanted to co-broke their listings. She did not sell very many of those cut throat deals and is now back up to 6% like the rest of us. Just my opinion.
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Today's Featured Article - A Lifetime of Farm Machinery - by Joe Michaels. I am a mechanical engineer by profession, specializing in powerplant work. I worked as a machinist and engine erector, with time spent overseas. I have always had a love for machinery, and an appreciation for farming and farm machinery. I was born and raised in Brooklyn, New York. Not a place one would associate with farms or farm machinery. I credit my parents for instilling a lot of good values, a respect for learning, a knowledge of various skills and a little knowledge of farming in me, amo
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