re: Realtor Negotiations

quote:

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See my earlier post. No way I would put my home on the market with a 3.5% commission while others are listed with a 6% commission. You're basically offering selling agents 1.75% when they can get 3% elsewhere.

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You've drawn a line in sand saying whatever commission you negotiate as listing agent will be split 50/50 with sellers agent. Let me propose a hypotethical.

Say you have a 1M listing agreement that will sell quickly and all seller is willing to offer is 3.5% total commission, but wants you to offer buyers agent 3% of that and you only take .5%.

For that, they will sign an exclusive buyers rep agreement with you for a full 3% commission and are buying a house in the 1.5-2.0M ballpark.

Go.