Mr. & Mrs. Seller, I Have Already Reduced My Commission 50%! And You Want More?
I heard this request again yesterday! It usually begins something like this. “My house has lost so much and you want me to sell for even less. I have this much invested and I NEED this much. You need to reduce your commission.”
My response. You know Mr. & Mrs. Seller, I also feel your pain. My home is worth less than one-half of what I paid for it 6 years ago. However, the bank has not reduced its principal or interest rate.
So I can understand how you feel, now that your home is worth one-half as well. But because you home is worth one-half, my commission has reduced by one-half.
However, did my costs decrease by one-half? No! Unfortunately almost all my costs have increased, especially the cost of gas to show buyer’s your home!
I know times are tough if you are a home seller. But trust me, times are tough for me your Realtor® as well. I am working much harder, and making less than half of what I made a few years ago. That is not your fault and it is not my fault either.
Let’s just sign the contract Mr. & Mrs. Seller, so we can get your house sold and move on with your lives.
Can he sell it? Yes he can!