Commissions Come Out In The Wash

By
Real Estate Broker 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
24,674
Gene Ward
Gene Ward
Area Pro Realty
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.
August 23, 2007 04:35 PM
Rainer
200,205
James Gordon
REALTOR, PBD SFR SRS
Sibcy Cline Realtors®
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.
August 23, 2007 04:37 PM
Ambassador
883,319
Lane Bailey
Realtor & Car Guy
Century 21 Results Realty
If it isn't worth full price, you won't get offers.  Buyer's agents aren't going to work the deal for free.  
August 23, 2007 04:38 PM
Anonymous
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Rainer
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Shari Cutting

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Additional Information

Hi! My name is Shari Cutting. I am a licensed Real Estate Broker in the state of North Carolina and have practiced Real Estate since "1989". My primary focus is Wilmington, NC.