Commissions Come Out In The Wash

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Real Estate Agent with Coldwell Banker Sea Coast Advantage

Thank you for your input in regards to the Buyer's Agents Commission.  I am sharing your comments with my Sellers.  How does everyone feel about a modification to the Listing Agreement to a "Variable Rate Commission" and put in the confidential remarks section that a co-op is offered for a full price offer.  We have slashed the price so much that all of the wiggle room is just about gone and offers $25K or below does not allow much room for a co-op.  These low ball offers are going to kill property value!!  Send me your comments!!

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Rainer
24,745
Gene Ward
Area Pro Realty - Danville, CA
Gene Ward
The home is worth what a buyer is willing to pay. Maybe the seller needs more education about the market conditions. The sellers are getting offers, just not what they are willing to accept.
Aug 23, 2007 04:35 PM #1
Rainer
207,670
James Gordon
Sibcy Cline Realtors® - Cincinnati, OH
REALTOR, PBD SFR SRS
How about working for your seller and not worrying about your commission. Cut the listing side to 0% and offer the full amount to the buyers agent to help sell the property.
Aug 23, 2007 04:37 PM #2
Ambassador
887,137
Lane Bailey
Century 21 Results Realty - Suwanee, GA
Realtor & Car Guy
If it isn't worth full price, you won't get offers.  Buyer's agents aren't going to work the deal for free.  
Aug 23, 2007 04:38 PM #3
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Rainer
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Shari Cutting

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