American_Bankers_Association
CTFA · Question #213
Real estate commissions generally range _______ for new homes and ________ for previously occupied homes or resales. It may be possible to negotiate a lower decision with your broker or to find or…
The correct answer is A. From 5%-6% for new and from 6%-7%. See the full explanation below for the reasoning.
Investment Management
Question
Real estate commissions generally range _______ for new homes and ________ for previously occupied homes or resales. It may be possible to negotiate a lower decision with your broker or to find or one who charges a flat fee.
Options
- AFrom 5%-6% for new and from 6%-7%
- BFrom 4%-6% for new and from 6%-9%
- CFrom 4%-6% for new and from 8%-9%
- DFrom 4%-6% for new and from 6%-7%
How the community answered
(40 responses)- A80% (32)
- B3% (1)
- C8% (3)
- D10% (4)
Topics
#real estate commissions#broker fees#home sale costs#commission rates
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