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Real Estate
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] They were saying the same thing with us but we ended up negotiating 1% fee and it was under contract in Fairfax within one week. Don't let them scare you and stay aggressive about negotiations. [/quote]
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