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CA Avg Real Estate Commission Rate in Anaheim, Santa Ana, Irvine, California

Anaheim is a city in Orange County, California, part of the Los Angeles metropolitan area. As of the 2010 United States Census, the city had a population of 336,265, making it the most populous city in Orange County and the 10th-most populous city in California. Anaheim is the second-largest city in Orange County in terms of land area (after Irvine) and is known for its theme parks, the Anaheim Convention Center, and its two major sports teams: the Anaheim Ducks ice hockey club and the Angels baseball team.

Anaheim was founded by fifty German families in 1857 and incorporated as the second city in Los Angeles County on March 18, 1876; Orange County would later be split off from Los Angeles County in 1889. Anaheim remained largely a rural community until Disneyland opened in the city in 1955. This led to the construction of several hotels and motels around the area, and residential districts in Anaheim soon followed. The city also developed into an industrial center, producing electronics, aircraft parts and canned fruit. Anaheim is a charter city.

Anaheim's city limits extend from Cypress in the west to the Riverside County line in the east and encompass a diverse collection of neighborhoods and communities. Anaheim Hills is a master-planned community located in the city's eastern stretches that is home to many of the city's affluent. Downtown Anaheim has three mixed-use historic districts, the largest of which is the Anaheim Colony. The Anaheim Resort, a commercial district, includes the Disneyland Resort, with its two theme parks, multiple hotels, and retail district, and numerous hotels and retail complexes. The Platinum Triangle, a neo-urban redevelopment district surrounding Angel Stadium, is planned to be populated with mixed-use streets and high-rises. Anaheim Canyon is an industrial district north of California State Route 91 and east of California State Route 57.

 

Anaheim, Santa Ana, Irvine, California Average Real Estate Agent Commission Rate Fees:

A total commission of 6.0% is typically asked for by “full service” Agents working for the big national real estate firms in Anaheim, Santa Ana, Irvine, California. 70% of Sellers list with the first Agent they speak to, and we find that most Sellers who agree to pay a full 6.0% commission do not realize that real estate commissions are NEGOTIABLE!

The national average total real estate commission in 2015 was 5.26% *

In Anaheim, Santa Ana, Irvine, California, you will find the following real estate commissions charged*:

Typical Asking Commission: 6.0%

Competitive Commission: 5.0-5.5%

Very Competitive Commission: 4.5-4.99%

The median existing single-family home price in the West rose 7.5%, to $372,400, in the second quarter of 2017 compared to the the second quarter of 2016.  Median sales prices for existing homes in the state's Major Metropolitan Areas are as follows:

In the State of California, median home prices are as follows*:

Metro Area Median Sales Price % of Annual Change
Anaheim, Santa Ana, Irvine $788,000 6.5%
Los Angeles, Long Beach, Glendale $514,200 7.1%
Riverside, San Bernadino, Ontario $342,100 8.4%
Sacramento, Roseville, Arden, Arcade $340,000 6.9%
San Diego, Carlsbad $605,000 8.0%
San Francisco, Oakland, Hayward $950,000 8.6%
San Jose, Sunnyvale, Santa Clara $1,183,400 9.1%
IMPORTANT

Real Estate Commissions are split between the listing Agent (who works for you to sell your home) and what will be offered on the MLS to any Agent that brings a Buyer to buy your home.  In a typical 6% total commission, the listing Broker is paid 3% and 3% is offered on the MLS to all Agents working with Buyers (so they can see what they will earn if they bring their Buyer to your home and complete the sale).

In a competitive commission structure, ranging from 5% to 5.5%, the listing Agent agrees to a listing commission of 2% to 2.5%, and they will recommend that they offer, on the MLS, a commission of 2.5% to 3.0% to the Buyer’s Agent.  Your Agent will usually tell you that if they offer less than 2.5% on the MLS that your home “won’t be shown”.  This makes sense, in that, all things being equal, the Buyer’s Agent will want as big a payday as possible when they find the right home for their client.  This is also especially true if market conditions favor Buyers in a so-called “Buyer’s Market” (high inventory levels in a period of unstable prices).

When you meet with your listing Agent, also remember that, unless they are a “Broker/Owner”, they will have to split their commission with their employing Broker. High producing Agents can work up to getting 90% of the listing commission from their Broker, but typically less experienced Agents may only receive 50% of the listing commission.

 

AGENTS ARE READY TO BID THEIR COMMISSION RATE TO GET YOUR LISTING

At ListingBidder.com, we first negotiate on your behalf a competitive real estate commission structure with HIGHLY EXPERIENCED, HIGHLY RECOMMENDED Agents who know your LOCAL market (even YOUR NEIGHBORHOOD); each ready to bid for your business.  These Agents are not just ordinary Agents as many of them are broker/owners and they have the best ability to negotiate their commissions and be competitive, in part because they do not have to share their listing commission with the brokerage firm.  This is a direct benefit to you and will save you thousands of dollars in real estate commission fees over the typical fees in California.

 

ARE YOU BUYING IN THE SAME AREA, TOO?

Sellers who are also buying a home in the same local market have a volume discount advantage.  ListingBidder can use this opportunity to negotiate an even better real estate commission rate fee on the sale of your home because the Agent will be more willing to give a deeper discount (a very competitive rate) knowing there is additional commission being earned on the purchase of another home.  Be sure to check the box that you are also buying a home locally to receive these better rates.

 

ARE YOU READY TO RECEIVE COMPETITIVE COMMISSION RATE BIDS?

Click here to see your savings in just 24 hours…

 

DEMOGRAPHICS:

The 2010 United States Census reported that Anaheim had a population of 336,265. The population density was 6,618.0 people per square mile (2,555.2/km²). The racial makeup of Anaheim was 177,237 (52.7%) White (27.5% non-Hispanic White alone), 9,347 (2.8%) African American, 2,648 (0.8%) Native American, 49,857 (14.8%) Asian (4.4% Vietnamese, 3.6% Filipino, 2.0% Korean, 1.4% Chinese, 1.3% Indian), 1,607 (0.5%) Pacific Islander, 80,705 (24.0%) from other races, and 14,864 (4.4%) from two or more races. Hispanic or Latino of any race were 177,467 persons (52.8%); 46.0% of Anaheim's population was of Mexican descent, 1.2% Salvadoran, and 1.0% Guatemalan; the remainder of the Hispanic population came from smaller ancestral groups.

The census reported that 332,708 people (98.9% of the population) lived in households, 2,020 (0.6%) lived in non-institutionalized group quarters, and 1,537 (0.5%) were institutionalized.

There were 98,294 households, out of which 44,045 (44.8%) had children under the age of 18 living in them, 52,518 (53.4%) were opposite-sex married couples living together, 14,553 (14.8%) had a female householder with no husband present, 7,223 (7.3%) had a male householder with no wife present. There were 6,173 (6.3%) unmarried opposite-sex partnerships, and 733 (0.7%) same-sex married couples or partnerships. 17,448 households (17.8%) were made up of individuals and 6,396 (6.5%) had someone living alone who was 65 years of age or older. The average household size was 3.38. There were 74,294 families (75.6% of all households); the average family size was 3.79.

The age distribution of the population was as follows: 91,917 people (27.3%) under the age of 18, 36,506 people (10.9%) aged 18 to 24, 101,110 people (30.1%) aged 25 to 44, 75,510 people (22.5%) aged 45 to 64, and 31,222 people (9.3%) who were 65 years of age or older. The median age was 32.4 years. For every 100 females there were 99.0 males. For every 100 females age 18 and over, there were 97.1 males.

There were 104,237 housing units at an average density of 2,051.5 per square mile (792.1/km²), of which 47,677 (48.5%) were owner-occupied, and 50,617 (51.5%) were occupied by renters. The homeowner vacancy rate was 1.7%; the rental vacancy rate was 7.2%. 160,843 people (47.8% of the population) lived in owner-occupied housing units and 171,865 people (51.1%) lived in rental housing units.

According to the 2010 United States Census, Anaheim had a median household income of $59,627, with 15.6% of the population living below the federal poverty line.

 

As of the census of 2000, there were 328,014 people, 96,969 households, and 73,502 families residing in the city. The population density was 6,842.7 inhabitants per square mile (2,587.8/km²). There were 99,719 housing units at an average density of 2,037.5 per square mile (786.7/km²). The racial makeup of the city was 55% White, 3% Black or African American, 0.9% Native American, 12% Asian, 0.4% Pacific Islander, 24% from other races, and 5% from two or more races. 46% of the population were Hispanic or Latino.

Of Anaheim's 96,969 households, 43.0% had children under the age of 18 living with them, 56.3% were married couples living together, 13.1% had a female householder with no husband present, and 24.2% were non-families. 18.1% of all households were made up of individuals and 6.1% had someone living alone who was 65 years of age or older. The average household size was 3.34 and the average family size was 3.75.

In the city, the population was spread out with 30.2% under the age of 18, 10.5% from 18 to 24, 33.5% from 25 to 44, 17.7% from 45 to 64, and 8.2% who were 65 years of age or older. The median age was 30 years. For every 100 females there were 100.1 males. For every 100 females age 18 and over, there were 98.1 males.

The median income household income was $47,122, and the median family income was $49,969. Males had a median income of $33,870 versus $28,837 for females. The per capita income for the city was $18,266. About 10.4% of families and 14.1% of the population were below the poverty line, including 18.9% of those under age 18 and 7.5% of those age 65 or over.

 

ECONOMY:

Anaheim's income is based on a tourism economy. In addition to The Walt Disney Company being the city's largest employer, the Disneyland Resort itself contributes about $4.7 billion annually to Southern California's economy. It also produces $255 million in taxes every year. Another source of tourism is the Anaheim Convention Center, which is home to many important national conferences. Many hotels, especially in the city's Resort district, serve theme park tourists and conventiongoers.

The Anaheim Canyon business park makes up 63% of Anaheim's industrial space and is the largest industrial district in Orange County. Anaheim Canyon is also home to the second-largest business park in Orange County. Anaheim Canyon houses 2,600 businesses, which employ over 55,000 workers.

 

TOP EMPLOYERS:

According to the City's 2017 Comprehensive Annual Financial Report, the top employers in the city are:

# Employer # of Employees
1 Disneyland Resort 31,000
2 Kaiser Foundation Hospital 6,000
3 Northgate González Markets 2,000
4 Hilton Anaheim 1,575
5 Angels Baseball 1,484
6 Anaheim Regional Medical Center 1,262
7 Anaheim Marriott 1,030
8 L-3 Communications 1,000
9 St. Joseph Heritage Healthcare 900
10 Time Warner Cable 900

 

*Data provided by Bankrate.com - Real Estate and Wikipedia - Anaheim - Calfornia