I am getting ready to list my house and sign an agreement with an agent. Of course I know that the typical commission is 6% to be split with my agent and the buyer's agent. However, if my agent already has one of her own clients in mind, I feel that I should get a discount because she doesn't have to do as much work.
2006-12-06 07:39:50 · 4 answers · asked by Justina 3 in Business & Finance ➔ Renting & Real Estate
It is common to negotiate as low as 4% total on a dual agency deal like that in a sellers market and agents are more hungry and willing to negotiate. However, in the current market whoever has the buyer holds the cards.
Here is some additional info. Hope this helps.
2006-12-06 09:07:02 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Whether she brings the buyer or not she gets the commission. Her buyer may not buy it. Happens to all of us all the time. The one you are SURE will buy it won't and vice versa.
Ilisted a property 2 months ago and was POSITIVE I had a buyer but they didn't like it.
Sign the contract and hope for the best
2006-12-06 08:11:26 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Or, she could take the 3% and wait until someone else brings the buyer for your house and take her buyer to another listing and make the other 3% there.
2006-12-06 08:01:29 · answer #3 · answered by teran_realtor 7 · 0⤊ 0⤋
I don't think it works that way.
So, 6%.
2006-12-06 07:56:57 · answer #4 · answered by Phoenix, Wise Guru 7 · 0⤊ 0⤋