Nice payday canceled: Here’s how much an agent would have made for producing a buyer of $195 million mansion

The Ziff estate in Manalpan no longer is on the market for $195 million, and somewhere a buyer’s agent is weeping.

According to the just-canceled listing in the multiple listing service, the seller agreed to pay a buyer’s agent a commission of 1.75 percent. If the property had indeed fetched $195 million, the payday would have amounted to $3.4 million. (It’s unclear how much listing broker Premier Estate Properties would have been paid to seal a deal.)

Alas, only a small group of buyers can afford to drop $195 million on a home. The listing from Premier Estate Properties insisted that buyers come “fully vetted” with a banker’s letter or a spot on Forbes magazine’s billionaires list.


Reader Comments 0

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Basic HTML is allowed. Your email address will not be published.

Subscribe to this comment feed via RSS