How common is it for buyers to get part of the commission?

[Anonymous]

Yes, absolutely - ask for a rebate! I did most of the work, (attended open houses, created list of homes I wanted to see) and the discount realtor opened doors and handled the paperwork - I was able to get 2% back on $1mil+ home. Good luck, OP!

[Anonymous]

OP if you are savvy enough to post on an anonymous forum you are smart enough to google it. There are plenty of info out there about agents giving back rebates that are the norm these days. Sites like Zillow and Redfin are the way to go now

Use services like Upnest and get agents to compete for your business.

https://www.washingtonpost.com/realestate/average-commission-rate-for-home-sales-heads-down-toward-5-percent/2017/01/09/4ee3f048-d6a8-11e6-b8b2-cb5164beba6b_story.html?utm_term=.264240db164e

https://www.upnest.com/1/post/washington-dc-average-real-estate-agent-commission-rates/

[Anonymous]

Anonymous wrote:

Anonymous wrote:Common. But at this point, your realtor has already done work for you and it would be wrong to bring it up now.

I'm sure yours will give you a $50 gift card at closing though.

Actually "at this point" our agreement has expired. So we could part ways if I chose to do that. I want to write-up and sign a new agreement with him, but this time I'm considering asking for a rebate. He still will get a substantial commission out of the deal.

I hope your employer tells you at your next annual review that he's cutting your pay.

[Anonymous]

Anonymous wrote:real estate agents are going the way of the dodo. expect massive shake-off in the years to come.

yes, ask for a rebate. 1% is minimum.

You've been saying this for years. Hasn't happened yet.

[Anonymous]

I hope your employer tells you at your next annual review that he's cutting your pay.

What a bizarre statement to make.

Do you shop at Walmart or buy Chinese made goods? Do you know how many American manufacturers you put out of business?

What is good for the goose...

[Anonymous]

Anonymous wrote:Yes, absolutely - ask for a rebate! I did most of the work, (attended open houses, created list of homes I wanted to see) and the discount realtor opened doors and handled the paperwork - I was able to get 2% back on $1mil+ home. Good luck, OP!

Sounds like you used Glass House quite a long time ago before he built up business to where it made it difficult for him to communicate in a timely manner.

[Anonymous]

Anonymous wrote:

I hope your employer tells you at your next annual review that he's cutting your pay.

What a bizarre statement to make.

Do you shop at Walmart or buy Chinese made goods? Do you know how many American manufacturers you put out of business?

What is good for the goose...

What a bizarre statement to make.

OP enlisted an agent's services for some period of time and now wants to change the compensation arrangement mid-stream. No harm in asking for a rebate, but that should have been done at the outset.

[Anonymous]

OP enlisted an agent's services for some period of time and now wants to change the compensation arrangement mid-stream. No harm in asking for a rebate, but that should have been done at the outset.

Are you not able to read English ??? He clearly wrote that his arrangement has expired.

Actually "at this point" our agreement has expired. So we could part ways if I chose to do that. I want to write-up and sign a new agreement with him, but this time I'm considering asking for a rebate. He still will get a substantial commission out of the deal.

[Anonymous]

Anonymous wrote:

OP enlisted an agent's services for some period of time and now wants to change the compensation arrangement mid-stream. No harm in asking for a rebate, but that should have been done at the outset.

Are you not able to read English ??? He clearly wrote that his arrangement has expired.

Actually "at this point" our agreement has expired. So we could part ways if I chose to do that. I want to write-up and sign a new agreement with him, but this time I'm considering asking for a rebate. He still will get a substantial commission out of the deal.

I read English just fine. Are you not able to have common sense? The agent has already invested a fair amount of time in him and now he wants to reduce the compensation as a condition to continue working together. That's his right, but it's a pretty shitty thing to do and if I were the agent as a matter of principle I'd tell him to get lost and bad mouth him to all of my colleagues.

No, I'm not an agent. I'm just appalled at the OP's attitude.

But I have no patience for people who like to move goalposts. It's small.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

OP enlisted an agent's services for some period of time and now wants to change the compensation arrangement mid-stream. No harm in asking for a rebate, but that should have been done at the outset.

Are you not able to read English ??? He clearly wrote that his arrangement has expired.

Actually "at this point" our agreement has expired. So we could part ways if I chose to do that. I want to write-up and sign a new agreement with him, but this time I'm considering asking for a rebate. He still will get a substantial commission out of the deal.

I read English just fine. Are you not able to have common sense? The agent has already invested a fair amount of time in him and now he wants to reduce the compensation as a condition to continue working together. That's his right, but it's a pretty shitty thing to do and if I were the agent as a matter of principle I'd tell him to get lost and bad mouth him to all of my colleagues.

No, I'm not an agent. I'm just appalled at the OP's attitude.

But I have no patience for people who like to move goalposts. It's small.

NP here. It's not small if you're spending 1-2m. Clearly buyer had no knowledge of that negotiating power. And buying/selling is a business, not a friendship. If an agent isn't willing to negotiate with me on this, then there are 10 billion other people to talk to who'll be happy for my business. The only way I wouldn't negotiate this is if my agent was a massive super star who was responsive, knows their shit inside and out, and I know he/she will save me that rebate $ during negotiations anyway.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

OP enlisted an agent's services for some period of time and now wants to change the compensation arrangement mid-stream. No harm in asking for a rebate, but that should have been done at the outset.

Are you not able to read English ??? He clearly wrote that his arrangement has expired.

Actually "at this point" our agreement has expired. So we could part ways if I chose to do that. I want to write-up and sign a new agreement with him, but this time I'm considering asking for a rebate. He still will get a substantial commission out of the deal.

I read English just fine. Are you not able to have common sense? The agent has already invested a fair amount of time in him and now he wants to reduce the compensation as a condition to continue working together. That's his right, but it's a pretty shitty thing to do and if I were the agent as a matter of principle I'd tell him to get lost and bad mouth him to all of my colleagues.

No, I'm not an agent. I'm just appalled at the OP's attitude.

But I have no patience for people who like to move goalposts. It's small.

Same here; I have no love for agents. But people never think about the amount of time spent showing a person dozens and dozens of listings.

[Anonymous]

I read English just fine. Are you not able to have common sense? The agent has already invested a fair amount of time in him, and now he wants to reduce the compensation as a condition to continue working together. That's his right, but it's a pretty shitty thing to do, and if I were the agent as a matter of principle I'd tell him to get lost and bad mouth him to all of my colleagues.

No, I'm not an agent. I'm just appalled at the OP's attitude.

But I have no patience for people who like to move the goalposts. It's small.

I dont know who you are, but you are not very bright. At the end of the contract, both parties are free to re-negotiate.

Every time my contract with the cable company or security company ends they are increasing prices on me does that mean I can bitch and moan like you? Is that "moving the goal" post according to you?

OP is willing to work with the same realtor rather than shop around for another one who will give him a rebate. What if the tables had turned and if the agent had demanded more for retaining his services.. would you have called him a scumbag?

The fact that you would bad mouth about the OP speaks volumes to your character.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

OP enlisted an agent's services for some period of time and now wants to change the compensation arrangement mid-stream. No harm in asking for a rebate, but that should have been done at the outset.

Are you not able to read English ??? He clearly wrote that his arrangement has expired.

Actually "at this point" our agreement has expired. So we could part ways if I chose to do that. I want to write-up and sign a new agreement with him, but this time I'm considering asking for a rebate. He still will get a substantial commission out of the deal.

I read English just fine. Are you not able to have common sense? The agent has already invested a fair amount of time in him and now he wants to reduce the compensation as a condition to continue working together. That's his right, but it's a pretty shitty thing to do and if I were the agent as a matter of principle I'd tell him to get lost and bad mouth him to all of my colleagues.

No, I'm not an agent. I'm just appalled at the OP's attitude.

But I have no patience for people who like to move goalposts. It's small.

Same here; I have no love for agents. But people never think about the amount of time spent showing a person dozens and dozens of listings.

OP found her own listings. She did open houses and arranged showings. All within that six months, I seriously doubt her agent showed up for dozens and dozens of listings. If that agent was amazing, I doubt OP would have questioned the arrangement.

[Anonymous]

We used Paul Thistle at take two realty. We got 2 percent back and he did a good job of getting us into houses quickly, fwiw.

[Anonymous]

Anonymous wrote:We used Paul Thistle at take two realty. We got 2 percent back and he did a good job of getting us into houses quickly, fwiw.

NP here. Thanks! Any particular info we can tell him without outing you here, so that he knows you sent us his way?