McCormick Realty Services

Real Estate Brokerage · Mount Sterling, Kentucky

10:23 PM in Mount Sterling Directions

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

For home buyers

Buyer strategy session

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

Home tours and listing alerts

Setting up searches for Mount Sterling area listings and arranging showings as soon as homes go live.

Offer strategy and negotiation

Comparable sales, offer terms, contingencies and inspection negotiations.

Getting to the closing table

Coordinating with the lender, title or escrow office and the other agent so nothing slips.

Selling a home

Pricing analysis (CMA)

A comparative market analysis based on recent sales near your Mount Sterling home.

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.

Showings, offers and closing

Scheduling showings, reviewing offers and managing the contract to closing.

How a typical transaction works

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

Typical costs on a Mount Sterling home

Illustrative figures for a home at the local typical value of $217,856. Real numbers depend on your agreement, lender and title company.

Item	Rate	On $218K
Listing-side commission (negotiable)	2.5–3%	$5,446–$6,536
Buyer-side compensation (negotiable)	2–3%	$4,357–$6,536
Buyer closing costs (lender, title, escrow)	2–5%	$4,357–$10,893
Home inspection	flat	$350–$600

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

Areas around Mount Sterling

Paris, KY20 mi · $266K Flemingsburg, KY28 mi · $177K Richmond, KY29 mi · $301K Lexington, KY30 mi · $333K Georgetown, KY35 mi · $342K Nicholasville, KY36 mi · $327K Maysville, KY42 mi · $161K Lancaster, KY46 mi · $253K

Questions about these services

How are real estate agents paid in Kentucky?

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 McCormick Realty work with both buyers and sellers?

Most agents and brokerages represent both, but not in the same transaction without written consent. Ask how McCormick Realty handles dual agency or designated agency under Kentucky 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.