Reply to Agents Paid Hourly Rates

Forum Index » Real Estate

Reply to "Agents Paid Hourly Rates"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]As a buyer is there a way to see the commission offered at all, or is it something that we’d have to write into our offer? Our agent, whom we like and trust, sent us a buyers agreement proposing 3% plus a $795 fee. That seems unusually high- we value her time and expertise but 30K for a straightforward transaction seems like a lot, especially when she will get close to that on the sale of our house too. [/quote]

Wow, that's obscenely high. You're incredibly naïve to trust her or any realtor.

The whole point of the settlement is to end price fixing. This means the sellers don't offer a commission to the buyer's agent. You propose a seller's concession payment. The seller can reject, negotiate, or accept your offer. It would be extremely difficult to find a seller willing to pay 3% towards your agent. Most will pay 0 - 1.5% with a few willing to pay 2%. This means that you have to pay for the rest out of your own pocket if you use a buyer's agent.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics