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VA Avg Real Estate Commission Rate in Arlington, Alexandria, Virginia

Arlington County is a county in the Commonwealth of Virginia, often referred to simply as Arlington or Arlington, Virginia. In 2016, the county's population was estimated at 230,050, making it the sixth-largest county in Virginia, or the fourth-largest city if it were incorporated as such. It is the 5th highest-income county in the U.S. by median family income, and has the highest concentration of singles in the region.

The county is coterminous with the U.S. Census Bureau's census-designated place of Arlington. Though a county, it is also treated as the second-largest principal city of the Washington metropolitan area.

The county is situated in Northern Virginia on the southwestern bank of the Potomac River directly across from Washington, D.C., of which it was once a part. With a land area of 26 square miles (67 km2), Arlington is the geographically smallest self-governing county in the U.S., and by reason of state law regarding population density, has no incorporated towns within its borders. Due to the county's proximity to downtown Washington, D.C., Arlington is home to many important installations for the capital region and U.S. government, including the Pentagon, Reagan National Airport, and Arlington National Cemetery. Many schools and universities have campuses in Arlington, most prominently the Antonin Scalia Law School of George Mason University.

 

Arlington County, Alexandria, Virginia 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 Washington-Arlington-Alexandria, DC-VA-MD-WV, Virginia. 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 Washington-Arlington-Alexandria, DC-VA-MD-WV, Virginia, 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 South rose 6.7%, to $229,400, 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 Virginia, median home prices are as follows*:

Metro Area Median Sales Price % of Annual Change
Richmond $254,000 5.7%
Virginia Beach-Norfolk-Newport News $239,900 7.6%
Washington-Arlington-Alexandria, DC-VA-MD-WV $428,700 5.4%
 
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 Virginia.

 

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:

As of the 2010 census, there were:

  • 207,627 people
  • 98,050 households,
  • and 41,607 families residing in Arlington.

The population density was 8,309 people per square mile (2,828/km²), the highest of any county in Virginia.

According to the US Census, the racial makeup of the county in 2012 was:

  • 63.8% non-Hispanic White
  • 8.9% Non-Hispanic Black or African American
  • 0.8% Non-Hispanic Native American
  • 9.9% Non-Hispanic Asian (2.0% Indian, 1.7% Chinese, 1.1% Filipino, 0.9% Korean, 0.7% Vietnamese, 2.7% Other Asian)
  • 0.1% Pacific Islander
  • 0.29% Non-Hispanic other races
  • 3.0% Non-Hispanics reporting two or more race
  • 15.4% of the population was Hispanic or Latino of any race (3.4% Salvadoran, 2.0% Bolivian, 1.7% Mexican, 1.5% Guatemalan, 0.8% Puerto Rican, 0.7% Peruvian, 0.6% Colombian)
  • 28% of Arlington residents were foreign-born as of 2000.
  • Demographics courtesy of U.S. Census Quickfacts
 

Arlington has a high concentration of Halloween celebrators.

 
Low-rise residential structures help make up the real estate inventory in Arlington.
 

There were 86,352 households out of which 19.30% had children under the age of 18 living with them, 35.30% were married couples living together, 7.00% had a female householder with no husband present, and 54.50% were non-families. 40.80% of all households were made up of individuals and 7.30% had someone living alone who was 65 years of age or older. The average household size was 2.15 and the average family size was 2.96.

Families headed by single parents was the lowest in the DC area, under 6%, as estimated by the Census Bureau for the years 2006–2008. For the same years, the percentage of people estimated to be living alone was the third highest in the DC area, at 45%. In 2009, Arlington was highest in the Washington DC Metropolitan area for percentage of people who were single – 70.9%. 14.3% were married. 14.8% had families. In 2014 Arlington had the 2nd highest concentration of roommates after San Francisco among the 50 largest U.S. cities.

According to a 2007 estimate, the median income for a household in the county was $94,876, and the median income for a family was $127,179. Males had a median income of $51,011 versus $41,552 for females. The per capita income for the county was $37,706. About 5.00% of families and 7.80% of the population were below the poverty line, including 9.10% of those under age 18 and 7.00% of those age 65 or over.

The age distribution was 16.50% under 18, 10.40% from 18 to 24, 42.40% from 25 to 44, 21.30% from 45 to 64, and 9.40% who were 65 or older. The median age was 34 years. For every 100 females there were 101.50 males. For every 100 females age 18 and over, there were 100.70 males.

CNN Money ranked Arlington as the most educated city in 2006 with 35.7% of residents having held graduate degrees. Along with five other counties in Northern Virginia, Arlington ranked among the twenty American counties with the highest median household income in 2006. In 2009, the county was second in the nation (after nearby Loudoun County) for the percentage of people ages 25–34 earning over $100,000 annually (8.82% of the population). In August 2011, CNN Money ranked Arlington seventh in the country in its listing of "Best Places for the Rich and Single."

In 2008, 20.3% of the population did not have medical health insurance. In 2010, AIDS prevalence was 341.5 per 100,000 population. This was eight times the rate of nearby Loudoun County and one-quarter the rate of the District of Columbia.

Crime statistics for 2009 included the report of 2 homicides, 15 forcible rapes, 149 robberies, 145 incidents of or aggravated assault, 319 burglaries, 4,140 incidents of larceny, and 297 reports of vehicle theft. This was a reduction in all categories from the previous year.

According to a 2016 study by Bankrate.com, Arlington is the best place to retire, with nearby Alexandria coming in at second place. Criteria of the study included cost of living, rates of violent and property crimes, walkability, health care quality, state and local tax rates, weather, local culture and well-being for senior citizens.

 

ECONOMY:

Arlington has consistently had the lowest unemployment rate of any jurisdiction in Virginia. The unemployment rate in Arlington was 4.2% in August 2009. 60% of office space in the Rosslyn-Ballston corridor is leased to government agencies and government contractors. There were an estimated 205,300 jobs in the county in 2008. About 28.7% of these were with the federal, state or local government; 19.1% technical and professional; 28.9% accommodation, food and other services.

In October 2008, BusinessWeek ranked Arlington as the safest city in which to weather a recession, with a 49.4% share of jobs in "strong industries". In October 2009, during the economic downturn, the unemployment in the county reached 4.2%. This was the lowest in the state, which averaged 6.6% for the same time period, and among the lowest in the nation, which averaged 9.5% for the same time.

In 2010, there were an estimated 90,842 residences in the county. In 2000, the median single family home price was $262,400. About 123 homes were worth $1 million or more. In 2008, the median home was worth $586,200. 4,721 houses, about 10% of all stand-alone homes, were worth $1 million or more.

In 2010, there were 0.9 percent of the homes in foreclosure. This was the lowest rate in the DC area.

14% of the 146,412 people working in Arlington live in the county, while 86% commute in, with 27% commuting from Fairfax County. An additional 92,784 people commute out for work, with 42% commuting to DC, and 29% commuting to Fairfax county.

 

*Data provided by Bankrate.com - Real Estate and Wikipedia - Arlington County - Virginia