HOW ABOUT A SELLING BONUS?

By
Services for Real Estate Pros with Midamerica Referral Network


SHOULD ANXIOUS  SELLERS OFFER A BONUS?

Are bonus's bribes?

Are you seeing more listings offering a Selling Bonus?  It is showing up on a  frequent basis in the Shell Knob/Tri-Lakes MLS.  There are not only more sellers offering a bonus, but the amount of the bonus appears to be increasing.

In times past a $1,000 - $5,000 bonus in Shell Knob would be normal, but in today's tight market, $10,000 - $15,000 can be found.  Does a bonus really sell a home faster?  Will an agent steer a buyer to that property, versus showing a house of equal benefits only offering a normal commission?  Sure, it looks interesting on a listing, but you either have a buyer for a given style, or you don't. 

 

MONEY



Under what circumstances would a Big Bonus get a house under contract sooner, how big would that bonus have to be?

 

 

 

CALL or email JOAN FOR SHELL KNOB/TABLE ROCK LAKE REAL ESTATE NEEDS    417-846-7128

Check me out on Google:  



TRI-LAKES REALTORS  417-858-3344       

Email:  joansnodgrass@centurytel.net                                                                LOGO

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
ActiveRain Community
Location:
Missouri Barry County Shell Knob Shell Knob Neighborhood
Groups:
Gadgets, Tools, & Extras
The Art Of Marketing You
Localism Beta
Vacation and Second homes
Art of Professional Salesmanship
Tags:
shell knob home sales
table rock lake property
shell knob houses for sale
shell knob sales bonus

Spam prevention
Show All Comments
Rainmaker
63,208
Peggy Harmeyer- Harmeyer Team
RE/MAX Real EstateGroup.com - Altoona, IA
Licensed in the State of Iowa

Joan,

I am seeing a slight increase in selling agent bonus's and yes they are larger sums.  I don't know if they can make the home go under contract sooner but, they sure can get attention so maybe the agent is more apt to suggest your home.  I would hope that the agent would steer buyers to that home only for that purpose but, I am sure it happens.  This is in the Des Moines, Ia metro area real estate though.  It is interesting to see what other areas are doing.  Peggy

 

Jan 09, 2010 04:11 AM #1
Rainmaker
335,193
Leslie Prest
Leslie Prest, Prest Realty, Sales and Rentals in Payson, AZ - Payson, AZ
Owner, Assoc. Broker, Prest Realty, Payson,

An agent is not going to be able to talk a buyer into a particular home, just to get the bonus. It may get the home shown more, but it's selling it that counts. In my area agents are so hungry for a commission that they will show anything that a buyer wants to see.

Jan 09, 2010 09:59 AM #2
Rainmaker
524,931
Kathryn Acciari
Century 21 Real Estate - Shrewsbury, MA
Brand Ambassador and Business Coach

My opinion:  Just offer a worthwhile commission rate.  A "bonus" just muddies the waters.

Jan 10, 2010 11:41 AM #3
Rainmaker
484,402
Trey Thurmond
BCR Realtors - College Station, TX
College Station , Texas Homes

I feel price will fix more than a bonus ever can. If the buyer can't pay the price then the bonus doesn't matter much.

Jan 14, 2010 02:37 PM #4
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
226,979

Joan Snodgrass

Ask me a question
*
*
*
*
Spam prevention

Additional Information