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

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

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

[i]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][/quote]

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 i[b]t'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[/b].

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. [/quote]

Gee agent, thanks for your feedback.   :? It's not as though there aren't a gazillion agents out there looking for buyers! With all of the information that's out there now on the internet, the buyers are doing most of the work.  They should be compensated by getting a 1-2% of the commission back as a result.  Welcome to the new reality, agent! [/quote]

Generally, I agree with you. But what about the really great agents who're worth every penny. If I had a choice between 1% back and a really awesome agent, I'd go with the agent. 2% back? That's a tough one. I'd probably go with 2% back because in my target areas, you're looking at multiple bids and escalation clauses. That agent can't do much for me unless the deal goes sideways. [/quote]

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