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Real Estate
Reply to "Real estate commission - what is reasonable"
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[quote=Anonymous][quote=Anonymous]I just paid 0.75% commission to sell (nearly 2 mil property, excellent and high demand location, turnkey). We had a few offers and our agent was excellent navigating this to get us the best price. Of the three offers, all wanted us as sellers to pay the buyers agent commission. One was 2% and two were 2.5%. In asking for best and final offers, one of the offers reduced the buyers agent commission from 2.5% to 2%. That tactic got them to the highest net return for us and we went with them. This is a good strategy to think about as the buyer. Btw, look as Paul thistle who owns his own independent real estate agency. He charges 1%. I negotiated him down to 0.75% to sell. He seemed good/experienced, but I went with a compass agent who matched the 0.75% commission. I wonder if I could have negotiated Paul thistle down to 0.5%! [/quote] Hi PP, Would you mind sharing the name of the realtor you used for your property, please? TIA[/quote]
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