Written by Andrew Wong, REALTOR®
Published · Updated
Key takeaways
Compensation is negotiable
Ask what each proposal includes
Compare all costs and credits once
Use an address-specific net review
Compare scope before comparing a rate
Ask how the proposal handles pricing, preparation advice, photography, marketing, showings, negotiation, and escrow coordination. Review the term, cancellation provisions, payment triggers, and any separately charged expenses in the actual agreement.
Use the same property and service expectations when comparing proposals. A smaller quoted percentage does not tell you which expenses remain yours or how the final contract would work.
Make the proceeds estimate specific to your city and home
A Torrance detached home and a Redondo Beach condominium may require different preparation and documents. Get actual quotes and review property-specific obligations rather than inserting a neighborhood average into every line of a worksheet.
Start with a supported price range, deduct payoff and agreed expenses, and show proposed buyer credits separately. Use an escrow estimate to check the transaction allocations and avoid counting compensation or credits twice.
Request a personal comparison
Share your address, condition, timing, and the proposals you want to compare. Andrew can explain his services and prepare a property-specific pricing and proceeds discussion before you decide whether to list.
For a broader explanation of compensation and written agreements, use the California commission guide. Confirm legal or tax questions with the appropriate qualified professional.
Sources and further reading
Review the original guidance below and confirm how it applies to your transaction with your broker or an appropriate professional.