Selling in Mendham? A 2.5% commission may be overpaying by about $9,941.
Since the 2024 NAR settlement, listing commissions are fully
negotiable — but what's fair depends on where you're selling. This is the
modeled fair range for Mendham, built from public market data.
Mendham, NJ · typical home $1,128,799
1.4–1.8% listing side
≈ $16,021 to $20,537 on a $1,128,799 sale
On a typical $1,128,799 Mendham home, a 2.5% listing commission is about $28,220. The fair range here works out to $16,021 to $20,537 — a gap of roughly $9,941 worth negotiating over.
Median days on market
14
Typical sale vs. list
108.7%
Market pace
red hot
Why the rate lands here
Mendham's market is red hot — well-priced homes attract buyers quickly, often with multiple offers, and much of the selling happens on its own.
Price level matters too: at Mendham's typical home value, an agent's
dollar payout at a given percentage differs a lot from the national
picture, and a fair percentage moves accordingly. We start from the
typical post-settlement listing-side rate and adjust for local prices,
market heat, and how much work a typical sale here takes.
This range is for a typical Mendham home. Your home isn't typical —
its condition, your target price, and your exact zip all move the
number, which is what the calculator is for.
Get the number for your exact address
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plus the reasoning — built from your zip's market data and your home's
details.