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Real Estate
Reply to "Why do we need a real estate agent?"
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[quote=Anonymous]16:04, Sounds like the idea is that the seller gets an offer that's lower than what they wanted and they tell the agent they would like to receive a certain amount of proceeds on the sale of the house and would agent be willing to forego some of the commission to make that happen. When making the offer, perhaps the buyer could mention that although the offer is less than asking price buyer is unrepresented and perhaps seller can recoup some of the difference by having agent receive a lower commission (2.5% vs. 5%). I suppose it really only works if the housing market is slow and that's the only offer or the best offer on the table.[/quote]
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