Is 1.5-2% fair to offer realtor for 1 time showing?

Seems high, considering they get 3-6% for selling it...

Maybe an Olive Garden gift card...

I figure the more people that look at the house the better chances of me selling plus selling it quicker.

If a realtor has a qualifed buyer that is interested then I feel I owe them something if house sells. just seems the 3% for a one time showing is too much.
Yes they would do paper work outside what my wife (attorney) can do.

IDK.

I was under the impression you had a realtor, they showed the house to someone, you decided to sell it on your own, and whats done is done...

How would it work though if you have multiple realtors showing the house? I would hate to pass out gift cards or cash to any realtor who brought a potential buyer by.

I dont have mulitple realotors.. just one.

Plus Im not paying anything or giving anything unless they bring a buyer to show that makes an offer to me that we accept.

Im just curious what % is fair to pay realtor for bringing (THE) buyer for the one time showing and paper work assuming we close with that buyer.

2.5-3% if you want them to bring their client or future clients back.

If I were a realtor (I am currently in and have always been in sales) I would exhaust evry option availbale to make a living... If it's one time showing why wouldnt you do that with someone through fsbo?.. esp if the seller agrees to it.

Goals are the same.. mine is to sell, their's is to sell.
The guy told me he would only bring interseted QUALIFED potential buyers.
It's his clients... there is a chance those people would never know my house was for sale without that realtor.

I'd consider 2% on 1M+ if needed to make sale and my clients happy. I'd run it by my managing broker first.

I suspect we are talking around 200k range. In which case I'd get paperwork for 3% before I walk through the door. If we couldn't agree on that, my buyers would be responsible for the difference in commission per the contract, I do not show buyers homes without contract and preapproval letter.

Just because its the first time I've shown your home, you have no idea how much time, energy, and money I've spent on client to get them there.

ok.. thanks.
3% is fair.

quote:

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Can someone please explain why someone would pay a 3% commission to a realtor that is not looking out for their best interests???

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I am in your boat on this one, but the way I am understanding it where it makes a little sense is: I am selling my house on my own but I have a friend/know a guy in real estate who I trust who will be working for both the seller and the buyer. He will be pushing my house for me even though he doesn't have it listed, in hopes of getting an extra 3%. Seller will then get an extra 3% for having it FSBO.

I think that is my understanding anyways.

The buyer has agreed contractually to compensate real estate agent 3% of the sales price to look out for their best interest in brokering a home purchase.

Since I am looking out for their best interest, when I see an FSBO that meets clients criteria, I make every attempt to pass that fee onto the seller.