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

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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=Anonymous]We used Paul Thistle at take two realty. We got 2 percent back and he did a good job of getting us into houses quickly, fwiw. [/quote]

Paul Thistle emailed me and offered me 2% back.

Then, he switched it up when I asked about whether his advertised and professed 2% still stands based on 2.5% or 3% commission. Bait and switch. Won't be using him.[/quote]

What did he say?  Usually discount brokers have a minimum commission amount (in dollars, not %) that is often met with the high prices around here.[/quote]

[b]He emailed a welcome note and said he'd be happy to do a 2% commission. He advertises 2% commission all over his website, too. And he brands himself as, "take2". He does have a minimum amount, which falls *well* below the 1% he'd get from me (he knows my budget). Like I said, he switched the terms when I asked him about the 2.5 vs 3% seller commission. I also said I'd do most of the work.[/b][/quote]

OP. To be clear, I believe he has the right to charge anything he wants. If he wants 3%, that's his prerogative. I fully support him charging whatever he thinks he's worth - he gets to set a price on his time and his worth, not me. But I'm annoyed because he didn't tell me the terms up front when he had the opportunity. I had to ask (and I've had to because he's not the only 2% guy who switched the terms after he was emphatic that he offers 2% back). Why not just respond to inquiries: "I'm a 1% broker and you get back the rest of whatever the seller's commission is"? Doesn't that seem more reasonable and won't undermine trust with potential clients?

Anyway, I'm sure he'll be valuable to many other clients, just not me. He has about 60 Zillow reviews and people seem to be happy. [/quote]

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