I like being up front about everything, including my fees. My goal is to gross about 3% or a maximum of $10,000, whichever is less, on each transaction. So, depending on my costs, I adjust my fees. Below is an explanation of my fee structure.
I have never understood extravagant fees for selling higher priced homes. For this reason I cap my fees at $10,000 unless I incur exceptional costs which you will know about and approve in advance. Note that this does not include the 3% I pay to another agent if another agent is involved. Below is a table showing: the sale price, the commission due me, the commission due the buyer’s agent.
| Sale Price | Commission to Eric Fernwood | Commission to Buyer's Agent | Total Commission Fee | Your Savings |
| $100,000 | $3,000 | $3,000 | $6,000 | $0 |
| $200,000 | $6,000 | $6,000 | $12,000 | $0 |
| $300,000 | $9,000 | $9,000 | $18,000 | $0 |
| $400,000 | $10,000 | $12,000 | $22,000 | $2,000 |
| $500,000 | $10,000 | $15,000 | $25,000 | $5,000 |
| $600,000 | $10,000 | $18,000 | $28,000 | $8,000 |
| $700,000 | $10,000 | $21,000 | $31,000 | $11,000 |
| $800,000 | $10,000 | $24,000 | $34,000 | $14,000 |
| $900,000 | $10,000 | $27,000 | $37,000 | $17,000 |
| $1,000,000 | $10,000 | $30,000 | $40,000 | $20,000 |
If you are listing your home for sale with me and purchase another home through me as your Realtor within one year of the close of the first transaction, I will contribute one percent (1%) of my commission from either the home you list and sell through me OR the home you buy through me, whichever one is greater. The contribution must go through escrow and will be applied to the closing costs of the second transaction (the second home), whether you’ve sold your home first and then buy another, or bought a new first and then sell your home. There are limitations which are listed below
The internet changed everything but the marketing tools other Realtors use have changed little since the 1960s. See this page for how I market your home in this Internet world.
My guarantee is simple. If you aren't satisfied with my services I will cancel the listing agreement. Period. See this page for all the details.
Contact me if you are considering buying or selling Las Vegas real estate. You will be glad you did.
...Eric
Eric Fernwood
RE/MAX CENTRAL
8400 W. Sahara Ave
Las Vegas NV 89117
Email: EricFernwood@gmail.com
Website: www.EricFernwood.com
Investment Blog: Blog
YouTube Channel: YouTube Channel
Cell: 702-358-8884
Fax: 702-202-2020
© 2010, 2011 Eric Fernwood. All rights reserved.