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[quote=Anonymous][quote]Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Agent here. Last weekend was the first weekend the commission change became real for agents. I am offering 1% to buyer agents on listings and any additional can be paid by the buyer or negotiated with the seller.

In three multiple offer situations, the three agents who wanted only the 1% commission got the deal. The offers were similar and the sellers took the offers that netted the must to them. Agents were angry but I told them that our industry had done it to them. If they want to succeed, they have to prove their worth to buyers and get paid by buyers.

How did it already become real? The MLS still displays the commission and I haven’t seen any that are 1%.

Because the sellers that you saw last weekend signed with their listing agents weeks ago. I also understand that the MLS requirement was pushed into August. We’ve seen a number of sellers agents advertising just 2% total commission and a few advertising just 1%. I assume these offer zero to the buyers agent. We are in a hot market with nothing under $2 million.

Buyers will not be happy when they keep losing offers because their agent is trying to get 2.5 % from the seller. It’s simply an offer that is 2.5% lower than the others.

2.5% has not been the number for years. We bought last year and the commission was 2% to seller's agent and 2% to buyer's agent. We paid 2.5% 12 years ago.[/quote]

The times they are a changing.[/quote]

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