What is the typical buyer agent’s commission on new development properties in Brooklyn?

Q: What is the typical buyer agent’s commission for new construction in Brooklyn? Is this something that is usually negotiable?

A: Buyer agents’ commissions on new construction depend on the specific project. In general, developers try to incentivize agents to bring people to their project, and will offer 2.5-3% commission to the buyer’s agent. However, factors such as location, number of units, and speed of sales also influence what a developer will typically offer.

 

 

 

 

 

 

 

Filed Under: Buying, Selling