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Why is my home still on the market? - At least I got a discount on the commission!!!

By
Real Estate Agent with RE/MAX 1st Class 0542725

 

How much time do you want to waste with agents that won't give you the full story??

Waiting

I have witnessed several times this week in League City, one agent in particular, known for discounting his/her commission.  Yet, they don't take the discount themselves...

On the surface that may sound okay... if you've been drinking.

Underneath, however, I think the sellers would be horrified if they understood the implications.  All the sellers care about is, what is the service of my agent costing me.  Well, the truth is, if your agent is discounting the commission paid to a buyer's agent, they may be costing you the sale.

The most recent example I saw was an agent paying only $100 to the Realtor that brings the buyer.  When many other homes in the same neighborhood pay 3% to the buyer's agent, why would any buyer's agent show that home??

It's pretty safe to say those homes will be on the market quite a while.  But, do the sellers understand why?

 

© 2009 Brian Worrell, Realtor in League City, TX - 281-948-7042. All Rights Reserved.

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Brian Worrell - GRI, CNE
Bayou Properties Realty  |   The Worrell Team, Realtors
Cell  281-948-7042  |  Fax  832-514-7029  |  www.BrianWorrell.com

 

2015 Top 20 Rising Star of Real Estate Under 40 by HAR
    (Awarded for excellence in Sales, Leadership, and Community Service)
 
Consistent Multi-Million Dollar Top Producer
2011-2016 FIVE STAR Real Estate Professional as listed in Texas Monthly Magazine 
 

 


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© 2004 - 2016 Brian Worrell Team, Realtors in League City and Clear Lake, TX - 281-948-7042. All Rights Reserved. LeagueCityBlog.com.  Bayou Properties Realty.

Show All Comments Sort:
Irene Tron
Valparaiso, IN

It's amazing what some people will do for a listing.  Bottom line is that if the listing doesn't sell, what did it get you?

Mar 31, 2009 09:59 PM
Caren Wallace
Premier Property Group LLC - Tualatin, OR
Portland Caren Real Estate

Brian, this is a disgrace to the profession! Such an uneven split! You are so right that it will take forever to sell that listing unless they give it away!!

Mar 31, 2009 11:04 PM
Richard Weeks
Dallas, TX
REALTOR®, Broker

Brian,

Some agents just don't get it.  Hopefully he will be out of business before long.

Mar 31, 2009 11:47 PM