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616 Realty

616 Realty Services

Real Estate Brokerage · Grand Rapids, Michigan

6:48 AM in Grand Rapids Directions

Here is what working with 616 Realty in Grand Rapids typically covers, from the first consultation to closing day. Services and terms vary, so confirm the details in your written agreement.

Buying a home

Buyer strategy session

Clarifies budget, loan pre-approval status and the representation agreement now required in Michigan.

Home search and private showings

Tours of homes for sale in and around Grand Rapids, including new listings as they hit the market.

Writing and negotiating offers

Pricing an offer from recent nearby sales and negotiating repairs, credits and timelines.

Closing coordination

Working with your lender, inspector and title company through closing.

Selling a home

Home valuation

A written price opinion built from sold, pending and active Grand Rapids area comparables.

Listing preparation

Advice on repairs, staging and photography before the home goes live.

MLS listing and marketing

Listing on the local MLS and syndication to the major home-search sites.

From showing to sold

Feedback after showings, multiple-offer handling and closing coordination.

How a typical transaction works

  1. ConsultA first conversation about goals, budget and timing — and a written agreement that spells out services and compensation.
  2. PrepareBuyers get pre-approved; sellers review a pricing analysis and prepare the home for photos.
  3. Market & tourListings go live on the MLS; buyers tour homes and compare recent sales.
  4. NegotiateOffers, counteroffers, inspection requests and appraisal issues are worked through.
  5. CloseFinal walk-through and signing with the title or escrow company under Michigan rules.

Typical costs on a Grand Rapids home

Illustrative figures for a home at the local typical value of $307,094. Real numbers depend on your agreement, lender and title company.

ItemRateOn $307K
Listing-side commission (negotiable)2.5–3%$7,677–$9,213
Buyer-side compensation (negotiable)2–3%$6,142–$9,213
Buyer closing costs (lender, title, escrow)2–5%$6,142–$15,355
Home inspectionflat$350–$600

Every percentage above is negotiable and is set in the written agreement. Typical value from the Zillow Home Value Index (August 2026).

Seller net proceeds

Starts from the typical Grand Rapids home value. Every percentage is negotiable; enter your own.

Commission—
Closing costs—
Estimated net—

Questions about these services

How are real estate agents paid in Michigan?
Compensation is negotiable and set out in writing. Sellers sign a listing agreement; since August 2024 buyers sign a written buyer agreement before touring homes with an agent, stating what the agent will be paid and by whom.
Does 616 Realty work with both buyers and sellers?
Most agents and brokerages represent both, but not in the same transaction without written consent. Ask how 616 Realty handles dual agency or designated agency under Michigan law.
What should I prepare before the first meeting?
Buyers: a mortgage pre-approval, a target budget and a list of must-haves. Sellers: your mortgage payoff estimate, a list of upgrades with dates, and any HOA or survey documents.