Fond du Lac is a city in Fond du Lac County, Wisconsin. The name is French for Bottom of the Lake,named as such because of its location at the bottom (south end) of Lake Winnebago. The population was 43,021 at the 2010 census.
The city forms the core of the United States Census Bureau's Fond du Lac Metropolitan Statistical Area, which includes all of Fond du Lac County (2000 population: 97,296). Fond du Lac is the 342nd largest Metropolitan Statistical Area (MSA) in the United States. The Fond du Lac MSA and the Beaver Dam (city), Wisconsin Micropolitan Statistical Area, form the larger Fond du Lac-Beaver Dam Combined Statistical Area.
A total commission of 6.0% is typically asked for by “full service” Agents working for the big national real estate firms in Fond du Lac, Wisconsin. 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 Fond du Lac, Wisconsin, 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 Midwest rose 6.6%, to $204,000, 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 Wisconsin, median home prices are as follows*:
|Metro Area||Median Sales Price||% of Annual Change|
|Fond du Lac||$128,500||1.80%|
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.
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 Wisconsin.
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.
Click here to see your savings in just 24 hours…
As of the census of 2010, there were 43,021 people, 17,942 households, and 10,395 families residing in the city. The population density was 2,285.9 inhabitants per square mile (882.6/km2). There were 19,181 housing units at an average density of 1,019.2 per square mile (393.5/km2). The racial makeup of the city was 90.6% White, 2.5% African American, 0.7% Native American, 1.8% Asian, 2.5% from other races, and 1.9% from two or more races. Hispanic or Latino of any race were 6.4% of the population.
There were 17,942 households of which 29.0% had children under the age of 18 living with them, 42.3% were married couples living together, 11.1% had a female householder with no husband present, 4.5% had a male householder with no wife present, and 42.1% were non-families. 34.4% of all households were made up of individuals and 13.1% had someone living alone who was 65 years of age or older. The average household size was 2.28 and the average family size was 2.94.
The median age in the city was 36.9 years. 22.6% of residents were under the age of 18; 10.1% were between the ages of 18 and 24; 27.4% were from 25 to 44; 25.2% were from 45 to 64; and 14.7% were 65 years of age or older. The gender makeup of the city was 47.7% male and 52.3% female.
The largest employer in Fond du Lac is Mercury Marine, a division of the Brunswick Corporation. Mercury Marine, which has its world headquarters in Fond du Lac, is the largest maker of outboard motors in the world,employing approximately 2,500 people in its factory and offices. Other industry includes Giddings & Lewis, a manufacturer of machine tools, owned by the Fives Group; Brenner Tank, a builder of transport tankers; Chicago Tube & Iron, a division of Olympic Steel; Saputo Cheese; and J. F. Ahern, a mechanical and fire protection company.
Fond du Lac is also home to an AC Nielsen data gathering center. Other businesses include Charter Communications, Society Insurance and an office of Wellpoint, which operates as Anthem Blue Cross Blue Shield.
Fond du Lac has one hospital, St. Agnes Hospital.