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Real Estate
Reply to "Buyer's agent fees"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]In NoVA, not MD, but our very aggressive agent is putting down 2.5% buyer agent commission paid by sellers on offers. [/quote] Same - 2.5% seems to be the norm for nova for a full-service buyers agent - we had some agents offer to do it for 2% but they made it clear they wouldn't do much except communicate the offer. Anecdotally we are seeing that a majority of the houses sitting on the market in close-in nova (~$1M) - if otherwise priced decently - are sitting because the seller isn't covering the buyer's agent commission and won't adjust the price to reflect the buyer having to pay the commission out of pocket. [/quote] That makes no sense. If it's not selling it's priced too high. The commission may be part of that but you wouldn't be able to separate that out. Also, our (sellers) agent told us the opposite: in competitive situations she's seeing buyers paying the agent commission to stand up. [/quote]
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