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Message
Using a Realtor to sell house
Posted on 4/1/11 at 5:34 pm
Posted on 4/1/11 at 5:34 pm
Is it reasonable to ask a realtor to take only 5% in this current housing market? House is in Dallas, TX.
8
Posted on 4/1/11 at 5:36 pm to Me4Heisman
Yes.
Posted on 4/1/11 at 6:23 pm to Me4Heisman
Everything in life is negotiable.
Posted on 4/1/11 at 7:38 pm to Me4Heisman
Absolutely. Hell, go lower. Especially if you're looking for someone to help sell and buy another place.
Posted on 4/2/11 at 10:30 am to Me4Heisman
Wouldn't it depend on the price of the house? It would make a difference to them if they're giving up $1000 vs $5000.
Posted on 4/2/11 at 10:36 am to Me4Heisman
Have you tried a "For Sale" sign in the front yard first?
Posted on 4/2/11 at 11:06 am to LSUDad
Just a question. Why would you ask someone to take a lower commission in a market that is more difficult to sell in?
2004 or 2005? Hell yes. Now. Not so much.
2004 or 2005? Hell yes. Now. Not so much.
Posted on 4/2/11 at 11:27 am to VABuckeye
quote:
Just a question. Why would you ask someone to take a lower commission in a market that is more difficult to sell in?
2004 or 2005? Hell yes. Now. Not so much.
A friend of mine put a For Sale sign out one morning, before she could get in the house good, a guy drove up and ask to see the house. She gave him the price agreed by her husband and her the night before. His wife (The Buyer) drove over, house sold.
I has helping a friend remodel two bathrooms. She stuck a sign in the front yard. While the tile guy was working a lady came by. House sold that day.
You never know, why not try. What can it hurt.
Both houses, the people had drove by and seen the houses before, just never saw a sign.
This post was edited on 4/2/11 at 2:38 pm
Posted on 4/2/11 at 1:30 pm to Me4Heisman
quote:
s it reasonable to ask a realtor to take only 5%
quote:
House is in Dallas, TX.
No. Realtors arent getting massive commissions on the sale of an average priced house in the DFW area. I would feel differently if it was in a overpriced market like Chicago.
Posted on 4/2/11 at 4:17 pm to jcole4lsu
Yep, 5% is the new 6%
Posted on 4/2/11 at 5:26 pm to Me4Heisman
If the agent is quick to cut their commission to 5% from 6% for example are they going to be quick to advise you to drop to your bottom line price? Seems like they are not trying to make the most money possible for themselves OR for you.
Posted on 4/2/11 at 5:36 pm to madamsquirrel
I hate realtors.
Just needed to include that in this thread
Just needed to include that in this thread
Posted on 4/2/11 at 8:54 pm to LSUDad
Bingo LSU Dad! If you don't live in a difficult market then why would anybody pay a realtor thousands of dollars to do something that is very easy to do. Put the sign in the yard. I did this 2 times and got the price I wanted.
Posted on 4/2/11 at 9:12 pm to Me4Heisman
quote:
Is it reasonable to ask a realtor to take only 5% in this current housing market? House is in Dallas, TX.
Um, it's absurdly unreasonable. You should never pay more than 3% to ONE realtor. Fair value is more like 1.5% or 2%.
Posted on 4/2/11 at 9:13 pm to VABuckeye
quote:
Just a question. Why would you ask someone to take a lower commission in a market that is more difficult to sell in?
2004 or 2005? Hell yes. Now. Not so much.
A difficult to sell market really means a market with a lot fewer transactions - i.e. there is a massive OVERsupply of realtors. Price goes down.
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