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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Anyone use a flat fee for selling?

For argument sakes, a 1.5 mil property in great condition in a desirable location will sell easily these days. Assuming the seller will list at a reasonable price based on comps and sellers agent agrees with listing price, how many hours of work are we talking about for the sellers agent? 10-20 hrs?

Let’s be generous and say it’s 40 hours of work and give a rate of $150/hr. That’s $6000 or a commission of 0.4%.

Negotiate hard people. It’s your $$$ to throw away, or not…

[/quote]

best advice.    The RE community are parasites.   It's the market that really determines your net gain/loss.  Don't lock in an entitled comission to the buyer - assuming you are selling.  If your property is desirable, you will get more....the eventual buyer will be forced to pay their agent the fees - NOT YOU.  This is the entire point of the recent judgement.  Don't, never specify any comission to the buyers agent.  [/quote]

+100.

agents are looking for suckers and naive folks so don't fall for it. No agent is worth 2% in this world. [/quote]

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