Did you negotiate your realtor's commission? Mine just suggested 6%. I can do better than that, right? Any tips on getting that number down? This will be my first time selling.Answer Question
Answer by myboogiewoogie at 12:24 PM on Oct. 26, 2008
Answer by EireLass at 12:32 PM on Oct. 26, 2008
Answer by Kitricia at 7:56 PM on Oct. 26, 2008
Answer by toddsruby at 11:16 PM on Oct. 26, 2008
First of all, just because the commission is lower, it doesn't mean you'll get more money in your pocket.
If you get an agent who charges only 4%, but is a poor marketer and negotiator, it may sell for 10% under asking price. Get a good agent, pay them 6% and they market better and negotiate an offer 5% under asking price.
On a $100,000 home, you'd keep $86,400 with the lower commission and $89,300 with the higher commission. Which one actually put more money in your pocket??
Answer by kn2418 at 1:59 PM on Nov. 19, 2008
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