I want to offer an extra commission to the agent that brings/represents the buyer of my home. I prefer to offer a fixed amount structured like"$2000 cash to the agent that represents the buyer of my home if it sells within 90 days of listing, and if the purchase price is within 3% of my current asking price". I want to make sure such an agreement or offer would not scare away any agents, nor would it violate any real estate agent brokerage agreements or ethics related policies. My goal is to motivate the market...so is it in my discretion to offer whatever creative perks/incentives I am comfortable with and know that if an agent decides to turn down the offer, no harm done? Obviously I don't want to leave the cash offer open ended because if the house takes a long time to sell or I am forced to accept an offer that leaves me little equity, I don't want to offer the cash.
2007-06-20 16:24:15 · 3 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
Happens regularly in my market, and some times helps to bring a buyer to the table. If you are listed with a real estate firm, talk to your listing agent about the appropriate way to handle such an incentive in your area.
2007-06-20 16:29:59 · answer #1 · answered by acermill 7 · 0⤊ 0⤋
You can do this. Print up a flyer that outlines your promotion and mail or drop it by realtor offices. This creates a lot of interest. Just specify the extra amount you will pay the realtor and leave it at that and put a time deadline on it to create urgency. But don't make it any more complicated
2007-06-20 23:35:33 · answer #2 · answered by Lighthearted 3 · 0⤊ 0⤋
yes you can off them more money. I do it all the time and is common practice. I offer them an extra 1000 for a full price offer.
2007-06-20 23:34:30 · answer #3 · answered by big daddy 1 · 0⤊ 0⤋