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Reply to "Buyer's agent fees"
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[quote=Anonymous][quote=Anonymous]I tried offering 2% when I sold and my house sat in a hot neighborhood - pretty sure the local realtors were blacklisting it. Was told by my realtor that I needed to go up to at least 2.5% because 2% simply wasn’t done in the neighborhood. I did and sold within a few weeks, although the buyers agent complained that I wasn’t offering 3%! Another house in the neighborhood being sold by a discount agent also took much longer than normal to sell and ultimately the buyer was represented by another discount agent. I had been by a top selling agent whom I had interviewed but didn’t hire that she would steer buyers away from discount agents because they and their sellers were “difficult.” Sample size of 2, but I would be careful out there. I think it’s disgusting, but seems the reality right now, at least certain places.[/quote] I don't understand how realtors can blacklist it. Once upon a time that would have made sense, because only agents had access to the MLS and would know what was for sale. Now motivated buyers stalk Zillow and know exactly what's on the market. And if an agent said they wouldn't show me that house I would fire that agent. Seriously -- pls explain to me how this would work. [/quote]
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