- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Realtor Negotiations
Posted on 7/23/18 at 1:22 pm to EA6B
Posted on 7/23/18 at 1:22 pm to EA6B
I expect this will be a sticking point whenever I decide to buy a house. I'll likely use a service like Door that charges a flat rate.
Remember: When buying or selling, an extra $5,000 means a lot more to you than it does to the agent. Agents are incentivized to drive velocity, not the highest price.
Remember: When buying or selling, an extra $5,000 means a lot more to you than it does to the agent. Agents are incentivized to drive velocity, not the highest price.
1
Posted on 7/23/18 at 2:03 pm to lynxcat
quote:
When buying or selling, an extra $5,000 means a lot more to you than it does to the agent
This is the part that always makes me a little crazy. Its where the motivations of buyer/seller and agents are clearly out of line.
HYPOTHETICALLY, A $5,000 difference in price makes about a $75 difference to the agents.
5,000 * 6% = 300
300/4 = $75 (assuming an equal split between listing broker, listing agent, buyer's broker, buyer's agent)
5,000 is a lot of money. 75 is not.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News