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I'm selling a condo FSBO and the buyer's realtor has contacted me

Posted on 6/9/16 at 4:39 pm
Posted by boosiebadazz
Member since Feb 2008
80272 posts
Posted on 6/9/16 at 4:39 pm
If we go through with this thing, where does her fee come from?
This post was edited on 6/9/16 at 5:05 pm
Posted by lecompteboy
Member since Mar 2016
21 posts
Posted on 6/9/16 at 4:40 pm to
Not from you.
Posted by jmtigers
1826.71 miles from USC
Member since Sep 2003
4970 posts
Posted on 6/9/16 at 4:50 pm to
You. Do you want to sell it? Nothing wrong with paying 2-3% fee for the buyers realtor if the offer is good. Gotta look at the whole picture.
Posted by boosiebadazz
Member since Feb 2008
80272 posts
Posted on 6/9/16 at 4:54 pm to
But why do I have to pay her 2-3% for her to bring her client's offer to me? She is not negotiating on my behalf. She is negotiating on his behalf.
This post was edited on 6/9/16 at 4:55 pm
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 6/9/16 at 5:05 pm to
Then don't pay her, and lose the buyer.
Posted by boosiebadazz
Member since Feb 2008
80272 posts
Posted on 6/9/16 at 5:05 pm to
So it's fricking extortion??
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 6/9/16 at 5:06 pm to
No, she is bringing you a buyer and should be paid for that. I wouldn't pay her more than 2% though.

You could ask the buyer to split it with you.
This post was edited on 6/9/16 at 5:08 pm
Posted by lecompteboy
Member since Mar 2016
21 posts
Posted on 6/9/16 at 5:07 pm to
You don't have to pay a commission to her agent. But as jmtigers said if you can get your price, paying the commission would be worth it.
Posted by boosiebadazz
Member since Feb 2008
80272 posts
Posted on 6/9/16 at 5:09 pm to
So does the buyer pay anything out of his pocket?

Easy numbers here but if sale price is 100k, why doesn't buyer pay 102k and give her 2k and me 100k? Why do I have to get 98k and she gets 2k?

Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 6/9/16 at 5:11 pm to
The seller always pays the fees, normally.

If you are asking $100k, but will take $96k just adjust it to $98k.
Posted by boosiebadazz
Member since Feb 2008
80272 posts
Posted on 6/9/16 at 5:15 pm to
Godamned realtors are so worthless.
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 6/9/16 at 5:16 pm to
Well, you don't have to sell it to them but she is bringing you a buyer. You can say no and hope for someone else.
Posted by Jag_Warrior
Virginia
Member since May 2015
4112 posts
Posted on 6/9/16 at 5:19 pm to
Ask her.
Posted by boosiebadazz
Member since Feb 2008
80272 posts
Posted on 6/9/16 at 5:21 pm to
I've spoken with her buyer directly multiple times, then I get a voicemail from her that she's his realtor and needs some info from me.

I guess I'll just bump up my absolute low number. So dumb.
Posted by BeerMoney
Baton Rouge
Member since Jul 2012
8376 posts
Posted on 6/9/16 at 6:07 pm to
Jack up that price baw. Or wait on another buyer. I agree. Hate realtors
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 6/9/16 at 6:17 pm to
quote:

I've spoken with her buyer directly multiple times, then I get a voicemail from her that she's his realtor and needs some info from me.


Sounds like she's trying to weasel her way into the deal if you were contacted by the buyer directly without any mention of a realtor.
Posted by jturn17
Member since Jan 2011
4978 posts
Posted on 6/9/16 at 6:18 pm to
It's really not that dumb. People get finders and referral fees all the time.
Posted by boosiebadazz
Member since Feb 2008
80272 posts
Posted on 6/9/16 at 6:20 pm to
Yeah, it took me by surprise. I guess he can hire someone to hold his hand through the process, but he'll pay for it with an increased price.
Posted by poops_at_parties
Member since Jan 2016
1545 posts
Posted on 6/9/16 at 6:21 pm to
Do you want to sell the fricking house or not? Pay the damn 3% and walk away knowing you didn't pay 6%.
Posted by boosiebadazz
Member since Feb 2008
80272 posts
Posted on 6/9/16 at 6:22 pm to
But she didn't find or refer shite. This guy contacted me directly on his own.

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