u/MrScrubbupple

Selling vacant lot in desirable, gated community.  Is 7% seller's fee plus 3.5% to the buyer's agent normal?

Selling vacant lot in desirable, gated community. Is 7% seller's fee plus 3.5% to the buyer's agent normal?

Selling a lot in a gated community. It's not cleared and there aren't many left (only one other for sale right now). We went to the agent who sold it to us and she sent us a contract to list it. It says their fee is 7% and they may offer 3.5% to the buyer agent (see below). Is this typical? Hard to swallow 10.5%, but if that's standard then I guess that's how it is. Or am I missing something?

https://preview.redd.it/z14bva2vkftg1.png?width=1088&format=png&auto=webp&s=3a405cb2bf7947e8b00454e09db2ef45228240f1

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u/MrScrubbupple — 1 day ago