The Real Deal Miami

More agents charging flat fees rather than commissions, especially on low-end sales

May 04, 2012 11:15AM

Gary M. Singer

More and more real estate agents are choosing to charge a flat fee for home sales instead of a percentage commission, the Sun Sentinel reported. According to attorney Gary Singer, there is a growing trend in this area, particularly for homes with prices less than $50,000. For those properties, “agents may not feel they’re being compensated enough to justify their time and energy in getting the property sold,” Singer said in a Q&A on real estate issues. That is frequently the case when agents have to divide their commission with another broker. [Sun Sentinel]