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Emi Louanna

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Rainer
352,976
Teri Pacitto
Compass - Westlake Village, CA
Real Estate, Your Style...Your Home...My Specialty

Pete X with X Group Real Estate Advocates says it all.  Go big or go home.  Land is complicated.  Evaluate your time, complexity of the transaction and charge your fee as you see your worth.  Don't sell yourself short.  

Aug 11, 2016 02:47 PM
Rainmaker
956,472
Pete Xavier
Investments to Luxury - Pacific Palisades, CA
Outstanding Agent Referrals-Nationwide

Be bold, charge as high as you think you're worth!

 

Aug 11, 2016 02:21 PM
Rainmaker
4,479,589
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Clearly you are new I know my value if you do not than I feel bad ...Endre

Aug 11, 2016 04:55 PM
Rainmaker
7,864,182
Roy Kelley
Retired - Gaithersburg, MD

This is not a good forum for the discussion of fees. Follow the accepted practices in your community.

Aug 11, 2016 09:05 PM
Ambassador
6,419,449
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Let your broker set the price for you, they have more experience and will likely not have any feelings of guilt about charging a family member.

Aug 11, 2016 05:21 PM
Rainmaker
5,772,587
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Emi,

It should not matter if the seller is family.  You are doing a big job and should be paid whatever, the going rate is.  You have excellent advice from both Teri Pacitto and Pete X with X Group Real Estate Advocates .  A

Aug 11, 2016 02:56 PM
Rainmaker
5,113,121
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Charge what you think it's worth... but we really don't want to be having discussions about commissions on this platform.

Aug 11, 2016 09:05 PM
Rainmaker
4,582,434
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

There's so much more than just finding the buyer and the seller in a real estate transaction(although that's very important).  If you are new(and I apologize if I'm jumping to conclusions thinking that may be the case) -- ask your broker for advice.   Good luck.  

Aug 11, 2016 05:42 PM
Ambassador
2,684,669
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Cannot discuss a number or a percentage with another Broker, sorry.

I can say:  Charge what you are worth; don't back down.

Aug 12, 2016 09:21 AM
Rainmaker
5,583,328
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Roy Kelley is giving you advice that you should remember.... that's risky business....

Aug 12, 2016 05:17 AM
Rainmaker
4,961,547
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Discuss this with your broker.

Aug 12, 2016 04:53 AM
Rainmaker
1,506,163
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Charge what you would normally charge.  You never know what will happen during an escrow.  Once you start discounting, you'll never stop.

Aug 12, 2016 03:07 AM
Rainmaker
2,443,250
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

No one knows the value of your knowledge and time spent but you.

Aug 12, 2016 02:33 AM
Rainer
232,019
Jessie Cochran
Counts Real Estate Group, Inc. - Panama City, FL
Panama City Realty Group

What does your broker say?

Aug 12, 2016 01:20 AM
Ambassador
3,349,554
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

I recommend you consult with your broker on this.

Aug 12, 2016 01:01 AM
Rainmaker
991,352
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

If you don't know what to charge, you're in over your head IMO

Oh, and btw, not the place to discuss commissions

Aug 11, 2016 11:39 PM
Rainmaker
1,617,916
Harry F. D'Elia III
WEDO Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

One should discuss price strategy with local broker.

Aug 11, 2016 10:59 PM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Bob Crane nailed this one!

Aug 11, 2016 08:28 PM
Rainmaker
4,319,773
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Excellent answers by few members Emi Louanna ....

Aug 14, 2016 04:30 PM
Ambassador
3,742,070
Patricia Kennedy
RLAH@properties - Washington, DC
Home in the Capital

Maybe we shouldn't be talking about setting fees on ActiveRain?  It's called the Sherman Antitrust Act!  Oops.

Aug 13, 2016 12:03 PM
Rainmaker
634,532
Kathleen Luiten
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales

Ask your broker for his/her recommendation.

Aug 12, 2016 05:45 PM
Rainmaker
2,224,473
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

You are still taking on the liability of the transaction no matter how little work you think you've put into it. 

Talk with your broker. 

Aug 12, 2016 12:27 PM
Rainmaker
3,988,013
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

This is a discussion to have with your broker.

Aug 12, 2016 12:24 PM
Rainmaker
4,800,132
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I think this would be a good discussion to have with your broker.

Aug 12, 2016 07:21 AM
Rainmaker
1,241,879
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Emi Louanna 

Just my two cents. 

By the hour: $250/hr.

By %: 1 to 2.5% , 1% they identified; 2.5% is full service you did lots of work and you think you deserve every penney.

I am in No CA.

Aug 12, 2016 12:51 AM
Rainmaker
1,466,257
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Emi Louanna Figure out an hourly rate and charge for the handful of hours.

Aug 12, 2016 12:20 AM
Rainmaker
1,728,256
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

We are barred from discussing commission rates. Sorry.

Aug 12, 2016 12:14 AM
Rainmaker
1,847,051
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

Can't really discuss that here. Talk with your broker on this.

Aug 12, 2016 12:13 AM
Rainmaker
2,784,726
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Hourly wage is one way to guess a figure in other words...whats your time worth? Another is value based on knowledge or savvy. Then there is being in the right place at the right time. How about your first in line for the Horn of Plenty and every gets a generous chunk. Or come up with a low or so-so figure and times it by ten. Role-reverse: What would you pay? Consider a combo of all of the above as well. One thing is for sure. You don't ask, you don't get! Caution: Watch out for the greed bug as it will try to bite all involved

Aug 11, 2016 11:33 PM
Rainmaker
5,240,047
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Consult your sponsoring broker!

Aug 11, 2016 11:21 PM
Rainmaker
4,434,177
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Do not discuss fees on line or with other offices. Talk to your broker.

Aug 11, 2016 11:19 PM
Rainmaker
1,231,853
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Emi Louanna If you work for a broker this should be discussed with him/her rather than this discussion group

Aug 11, 2016 11:19 PM
Rainmaker
4,901,858
Richard Weeks
Dallas, TX
REALTOR®, Broker

The same amount that you would charge anyother client.

Aug 11, 2016 09:47 PM