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TX Avg Real Estate Commission Rate in Corpus Christi, Texas

Corpus Christi is a coastal city in the South Texas region of the U.S. state of Texas. The county seat of Nueces County, it also extends into Aransas, Kleberg, and San Patricio Counties. It is 130 miles southeast of San Antonio. Its political boundaries encompass Nueces Bay and Corpus Christi Bay. Its zoned boundaries include small land parcels or water inlets of three neighboring counties.

The city's population was estimated to be 320,434 in 2014, making it the eighth-most populous city in Texas. The Corpus Christi metropolitan area had an estimated population of 442,600. It is also the hub of the six-county Corpus Christi-Kingsville-Alice Combined Statistical Area, with a 2013 estimated population of 516,793. The Port of Corpus Christi is the fifth-largest in the United States. The region is served by the Corpus Christi International Airport.

The city's name means Body of Christ in Latin. The name was given to the settlement and surrounding bay by Spanish explorer Alonso Álvarez de Pineda in 1519, as he discovered the lush semitropical bay on the Catholic feast day of Corpus Christi. The nickname of the city is "Sparkling City by the Sea", particularly featured in tourist literature.

 

Corpus Christi, Texas 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 Corpus Christi, Texas. 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 Corpus Christi, Texas, 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 Texas, median home prices are as follows*:

Metro Area Median Sales Price % of Annual Change
Abilene $161,700 -1.60%
Amarilo $161,700 2.10%
Austin $308,000 6.50%
Beaumont-Port Arthur $156,100 8.80%
Corpus Christi $189,300 -0.40%
Dallas-Fort Worth-Arlington $255,200 9.90%
El Paso $150,500 0.80%
Houston-The Woodlands-Sugar Land $235,600 8.40%
San Antonio-New Braunfels $222,600 5.70%
Sherman-Denison $166,800 18.40%
Wichita Falls $118,300 7.70%
 
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 Texas.

 

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:

At the 2010 Census, 305,215 people resided in Corpus Christi, a 10.0% increase since 2000.

In 2012, Corpus Christi was ranked as the second least literate city in the U.S. in a study by Central Connecticut State University.  However, this study has been heavily criticized for its methodology and bias in favor of the Northeastern states in the US.

According to the 2010 Census, 80.9% of Corpus Christi's population was White; 4.3% was African American; 1.8% Asian; 0.1% Pacific Islander; 10.4% of some other race; and 2.5% of two or more races. About 62.23% of Corpus Christi's population was of Hispanic or Latino origin, of any race.

At the census of 2000, 277,454 people, 98,791 households, and 70,437 families resided in the city. The population density was 1,794.2 people per square mile (692.7/km2). The 107,831 housing units averaged 697.3 per square mile (269.2/km2). The racial makeup of the city was 71.62% White, 4.67% African American, 0.64% Native American, 1.28% Asian, 0.08% Pacific Islander, 18.58% from other races, and 3.13% from two or more races. Hispanics of any race were 54.33% of the population.

Of the 98,791 households, 36.1% had children under the age of 18 living with them, 50.9% were married couples living together, 15.4% had a female householder with no husband present, and 28.7% were not families. About 23.2% of all households were made up of individuals, and 7.9% had someone living alone who was 65 years of age or older. The average household size was 2.75 and the average family size was 3.27.

In the city, the population was distributed as 28.1% under the age of 18, 10.6% from 18 to 24, 29.2% from 25 to 44, 21.0% from 45 to 64, and 11.1% who were 65 years of age or older. The median age was 33 years. For every 100 females, there were 95.6 males. For every 100 females age 18 and over, there were 92.2 males.

The median income for a family was $41,672. Males had a median income of $31,863 versus $22,616 for females. The per capita income for the city was $17,419. About 14.1% of families and 17.6% of the population were below the poverty line, including 22.9% of those under age 18 and 15.5% of those ages 65 or over.

 

ECONOMY:

The majority of the population is employed in the services, wholesale and retail trades, and government sectors. Corpus Christi has an unemployment rate of 5.6% as of November 2016.

The Port of Corpus Christi, which is the fifth-largest U.S. port and deepest inshore port on the Gulf of Mexico, handles mostly oil and agricultural products. Much of the local economy is driven by tourism and the oil and petrochemicals industry. In 2005, the port was ranked as the 47th-largest in the world by cargo tonnage.

Corpus Christi is home to Naval Air Station Corpus Christi providing 6,200 civilian jobs to the local economy, making it the single largest employer in the city. Corpus Christi Army Depot, located on NAS Corpus Christi, is the largest helicopter repair facility in the world. Additionally located on NAS Corpus Christi is the United States Coast Guard Sector/Air Station Corpus Christi.

Corpus Christi is the original home of the headquarters of Whataburger, a fast-food restaurant operator and franchiser with 650 stores in 10 states and Mexico; however, the company relocated its headquarters to San Antonio in 2009. Other large employers include CHRISTUS Spohn Health System at 5,400 local employees, the Corpus Christi Independent School District with 5,178, H-E-B at 5,000, and Bay Ltd. at 2,100. Other companies based in Corpus Christi include Stripes Convenience Stores and AEP Texas.

Corpus Christi became the first major city to offer citywide free wi-fi in April 2005  to allow remote meter reading after a meter reader was attacked by a dog. In 2007, the network was purchased by Earthlink for $5.5 million, and stopped being a free service on May 31, 2007.

*Data provided by Bankrate.com - Real Estate and Wikipedia - Corpus Christi - Texas