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][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]What is the current expectation for using a buyers agent now?  I'm looking this fall but the idea that I'm going to pay 2-3% out of pocket to a realtor for a $2M house is pretty rich.[/quote]

Depends on the location.  $2M gets you a semi-renovated older  house or a 10 to 15 year old house in Arlington.   Builders are now offering 1% to a buyer agent.  Could you save another year so that you could get a $2.5 to $2.8 new house and get the builder to rebate the 1% to you?  The builder's agent can write the contract for you.[/quote]

I have been calling agents in MD and DC before I show houses and have not had one instance where the seller is not paying  2.5 percent commission(except one listing that was offering 3 percent). And I have three listings right now-all three offering 2.5 percent. [/quote]

Call the new homes agents in Arlington and ask what the buyer agency comp is. One  is even offering $5,000.  [/quote]

the comp is what the BUYER agrees to pay you now, buddy. eventually trying to negotiate your fee with the seller directly against your client’s interest is going to get you into hot water. I would never sign a contract where the buyer’s agent could decide which homes to show me based on what the seller offers for buyer agent comp, if that is what you are doing. [/quote]

What if the buyer agrees to pay me nothing but the seller will pay me 2.5%.  What shal I do Wizard Of Not A Clue?  [/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