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Selling a home in New Mexico comes with a lot of important decisions, one of which is planning for closing costs and agent commissions. According to a poll of FastExpert agents, the average commission in New Mexico is 5.83%, slightly above the national average of 5.57%.
Remember, the average commission is just that – an average. You may find an agent who charges less or more depending on their experience and the location of your home.
When you’re ready to start talking to agents, be sure to ask about their commission structure. This will help you understand what you can expect to pay when completing your real estate transaction.
Is the Market Strong in New Mexico?
The market is currently strong in New Mexico. Home prices have risen sharply over the past few years, and they are predicted to continue to rise in the coming years. This is good news for sellers, as it means that your home is likely to sell for more than it would have a few years ago.
Should I Sell My Home Now?
The current market conditions are favorable for sellers. If you’re thinking about selling your home, now is a good time to do it. Home prices have been rising, and they are predicted to continue to rise in the coming years. However, there may be a slump in the market in the next few years, so if you’re not in a hurry to sell, you may want to wait and see what happens.
What’s Next?
If you’re ready to list your home on the market, the first step is finding a great real estate agent. Our network of experienced agents can help you sell your home quickly and for the best possible price.
FastExpert is the easiest way to find a top-rated real estate agent in New Mexico.
