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WI Avg Real Estate Commission Rate in Green Bay, Wisconsin

Green Bay is a city in and the county seat of Brown County in Wisconsin, at the head of Green Bay, a sub-basin of Lake Michigan, at the mouth of the Fox River. It is 581 feet (177 m) above sea level and 112 miles (180 km) north of Milwaukee. The population was 104,057 at the 2010 census. Green Bay is the third-largest city in the state of Wisconsin, after Milwaukee and Madison, and the third-largest city on Lake Michigan's west shore, after Chicago and Milwaukee. Green Bay is home to the National Football League (NFL)'s Green Bay Packers.

Green Bay is the principal city of the Green Bay Metropolitan Statistical Area, which covers Brown, Kewaunee, and Oconto counties; the MSA had a combined population of 306,241 at the 2010 census.

 

Green Bay, Wisconsin 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 Green Bay, 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 Green Bay, 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
Appleton $171,200 9.70%
Chicago $264,300 7.30%
Fond du Lac $128,500 1.80%
Green Bay $163,400 9.50%
Madison $273,400 10.20%
Milwaukee $246,900 7.30%
Minneapolis-St. Paul $259,000 6.80%
Oshkosh $140,300 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 Wisconsin.

 

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 census of 2010, there were 104,057 people, 42,244 households, and 24,699 families residing in the city. The population density was 2,288.5 inhabitants per square mile (883.6/km2). There were 45,241 housing units at an average density of 995.0 per square mile (384.2/km2). The racial makeup of the city was 77.9% White, 3.5% African American, 4.1% Native American, 4.0% Asian, 0.1% Pacific Islander, 7.2% from other races, and 3.1% from two or more races. Hispanic or Latino of any race were 13.4% of the population.

There were 42,244 households of which 31.4% had children under the age of 18 living with them, 40.4% were married couples living together, 12.5% had a female householder with no husband present, 5.6% had a male householder with no wife present, and 41.5% were non-families. 32.4% of all households were made up of individuals and 9.6% had someone living alone who was 65 years of age or older. The average household size was 2.39 and the average family size was 3.06.

The median age in the city was 33.7 years. 24.7% of residents were under the age of 18; 11.7% were between the ages of 18 and 24; 27.7% were from 25 to 44; 24.5% were from 45 to 64; and 11.3% were 65 years of age or older. The gender makeup of the city was 49.4% male and 50.6% female.

 

ECONOMY:

Industry

Green Bay is known as the "Toilet Paper Capital of the World" because of the prevalence of the paper industry in the city. Northern Paper Company, Fort Howard Paper Company, and Hoberg Paper Company were among Green Bay's first paper companies. Northern Paper Company offered the first splinter-free toilet paper in the early 1930s. The presence of the paper industry helped Green Bay avoid the worst effects of the Great Depression.Today, major paper producers include Georgia-Pacific, Procter & Gamble, and Steen-Macek Paper Company.

Among the earliest packing companies in Green Bay were Acme Packing Company and Indian Packing Company, the namesake of the Green Bay Packers.Today, major meatpackers in the city include JBS S.A. (formerly Packerland Packing) and American Foods Group.

Largest employers

As of 2014, the largest employers in the city were:

# Employer # of Employees
1 Humana 3,167
2 Oneida Nation of Wisconsin 2,690
3 Schneider National 2,580
4 Bellin Health 2,329
5 Georgia-Pacific 2,200
6 UnitedHealth Group 1,894
7 Aurora BayCare Medical Center 1,739
8 Wisconsin Public Service Corporation 1,497
9 American Foods Group 1,480
10 St. Vincent Hospital 1,467

Other major employers include Associated Banc-Corp, Green Bay Area Public School District, Shopko, JBS USA, Expert Global Solutions, Walmart, Green Bay Packaging, Procter & Gamble, Schreiber Foods, the Green Bay Packers, Nature's Way, HJ Martin and Son, and Nicolet National Bank.

*Data provided by Bankrate.com - Real Estate and Wikipedia - Green Bay - Wisconsin