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How much...Land commission?
Rank: Member Joined: 11/18/2010 Posts: 503 Location: Kenya
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I want to give my land to an agent to sell it on my behalf? For those who are in land business, how much commission will I need to pay him? What %?
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Rank: Member Joined: 11/18/2010 Posts: 503 Location: Kenya
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Rank: Elder Joined: 7/22/2009 Posts: 7,455
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Motomoto wrote:I want to give my land to an agent to sell it on my behalf? For those who are in land business, how much commission will I need to pay him? What %? Sell it on wazua. Commission 0.00% Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good returns.
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Rank: Member Joined: 11/18/2010 Posts: 503 Location: Kenya
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MaichBlack wrote:Motomoto wrote:I want to give my land to an agent to sell it on my behalf? For those who are in land business, how much commission will I need to pay him? What %? Sell it on wazua. Commission 0.00% ...Already at an advanced stage of selling! Saidie mimi nisidaganye...Google tells me it is anything between 0.75% between 3.5%
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Rank: Member Joined: 12/17/2013 Posts: 118
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Motomoto wrote:I want to give my land to an agent to sell it on my behalf? For those who are in land business, how much commission will I need to pay him? What %? My experience tells me 2.5%of a price you want and anything above your price is his.Its all a matter of agreeing though.The buyer should also give 2.5% KCB,NMG,PAFR
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Rank: Member Joined: 9/18/2006 Posts: 131
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Max you should give is 3%.
Brokers will try testing if you know what you are doing, saying they are many brokers involved in getting a buyer etc; so that they can justify more than 3%. Don't budge!
Some even take 2% for large transactions but standard is 3%.
All the best!
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Rank: Member Joined: 9/18/2006 Posts: 131
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If he sells above your desired price, mwambie what is top will be split 50/50 between you and him. Agree on this in advance.Actually inform him before he even asks you yosie14 wrote:Motomoto wrote:I want to give my land to an agent to sell it on my behalf? For those who are in land business, how much commission will I need to pay him? What %? My experience tells me 2.5%of a price you want and anything above your price is his.Its all a matter of agreeing though.The buyer should also give 2.5%
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How much...Land commission?
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