Consumer Reports - Reducing Commission

Hi Dave: I am not a fan of negotiating my commission. I have 20 years experience, work very hard, spend alot of time and money advertising and am very attentive to the needs of my clients. In this market I am increasing my fees to cover the extra services I have been providing.

David - I am not a fan of negotiating commissions, however, if a seller agrees to a very aggressive listing price I might. But most that I have come into contact with want me to reduce my commission while they maintain their listing price on homes that haven't sold at that price before, often with 2 or 3 previous listings.

I am 100% willing to negotiate.... and 99% of the time I don't change my commission....

This is an interesting list. I'm sort of surprised actually. I wouldn't think the percentage would be so high.

Hi David Thanks for commenting on my post.  It is appreciated.  This is an interesting post.  We all have opinions on commissions but like everyone else..wish we could go there...but have to be very careful.....Isn't it funny how strict our regulations are and the banks get away with murder........ I mentioned in another comment a very professional excellent agent in our area had an answer negotiating a very low commission.   " Something is better than nothing"

I wonder if Consumer Reports would negotiate the price of thier magazine and how long they would stay in business.

After 33 years I am disappointed that so many people have been willing to sacrifice fees for the sake of volume.  We are in a WalMart mental frame of mind these days, Karen

David, Shame on us for talking to Consumer Reports on or off the record. Could this have been misconstrued as a "are commissions negotiable" question???

On one level, it surprises me that the percentages are so high, but a quick look around our office and who I know is is pretty open to negotiating commission tells me that this is probably spot on.  Personally, I rarely reduce commission.  It has to be something special, like the guy that listed three properties with me on the same day.  He got a lower rate IF and only if I had both sides of one of the sales.