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1% Listing Policy
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1 + 1 = $48,000

Riviera Realty lists residential properties for just 1% of the sales price. If a Riviera agent represents your buyer, our selling commission is just 1% more. With Riviera's 1 + 1 Plan, clients save up to $64,000 on the median Westside home compared to typical real estate broker commissions. Not only that, we provide the services you expect from the high price firms.

Consider.

The median Palisades, Brentwood or Santa Monica home sells for about $1.6 million. The "standard" broker's commission - 5% - totals $80,000, evenly split between the listing and selling agent. Riviera Realty's 1 + 1 Plan sets the total commission at 1% for listing your home and just 1% more if we represent the buyer too. That saves you up to $48,000!

Here's Riviera Realty vs. the "standard" 5% broker's commission where the property's sales price is $1.6 million.
Real Estate Broker Listing Fee Selling Fee You Pay You Save
5% Broker Fee $40,000 $40,000 $80,000  
Riviera lists only $16,000 $40,000 $56,000 $24,000
Riviera list & sells $16,000 $16,000 $32,000 $48,000
 
 
Here's Riviera Realty vs. the other "standard", the 6% broker's commission; again, the property's sales price is $1.6 million.
 
Real Estate Broker Listing Fee Selling Fee Total Fee Total Fee
6% Broker Fee $48,000 $48,000 $96,000  
Riviera lists only $16,000 $48,000 $64,000 $32,000
Riviera list & sells $16,000 $16,000 $32,000 $64,000
 

Anyway it turns out, our clients are always happier [and richer] and that's what we want.

Riviera Realty's agents are members of the Beverly Hills/Greater Los Angeles Association of Realtors and subscribes to the Combined L.A.Westside Multiple Listing Service.

If you have any questions about what you see here or about real estate or real estate law, please email or telephone Jim Sweeney personally. As a practicing attorney, he may be able to answer your question directly. If not, he will research it and make sure you have your answer.

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