I received a call from an agent yesterday who said that he had a contract written on one of my listings but there was one thing preventing him from giving it to me...
He wanted a bigger split in commission!
The property is being offered at a 'top of the scale' commission already, with what our normal co-broker split is, the same as it has during my entire 20+ year career. This is the first time I've ever had an agent be so bold as to demand a bigger split before submitting an offer.
I admit I was caught off guard. I told him it was company policy and not my decision but would look forward to his offer and looked forward to working with him.
So far, no offer, and no returned call. So now I'm wondering two things; 1) Did I harm my seller in not rolling over with his selfish request? and 2) Was there an offer at all?
How will the conversation with his buyer go? "Sorry, Mr Buyer, but the agent won't pay me a larger commission so we'll go look for another house."
I don't believe I could sleep at night after making demands such as this on the agents that I normally do business with year in and year out.
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