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Source: Motley Fool —
The quick answer? Yes. But it’s not that simple.
If you’re gearing up to sell your home, you may not want to go it alone. Listing and marketing a home can be time consuming, and there are complexities in negotiating with buyers.
That’s why so many home sellers engage the services of a real estate agent. If you hire an agent, your home may sell faster, and you may end up with a much higher sale price.
But there’s one downside to hiring a real estate agent — paying a commission. Real estate agent fees vary, but they commonly land between 4% and 6%. If you expect your home to sell for $500,000, you could pay your agent $20,000 to $30,000.
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