Anonymous wrote:How are they promising 2% when you buy? That is worked out with the seller and their agent. Is your person giving you a rebate when you buy?

Hm. I guess I do not know and that is the question I need to ask. Thanks! I am correct, then, that the only thing I need to worry about, really, is how much commission they are seeking for the sale of my home? We are VERY new to this. Inherited a property we need to sell.

How are they promising 2% when you buy? That is worked out with the seller and their agent. Is your person giving you a rebate when you buy?

Anonymous wrote:Oh. That sounds fine then. Sounds like they are trying to compete with a Redfin model, though I have it on pretty good authority that whole Redfin rebate thing is being phased out. Stay tuned.

That is what I cannot quite figure out. This is not a new-to-the-game realtor. Rather, someone experienced and well known in the neighborhood as the "go to" realtor. I feel like it is a "too good to be true" scenario. Guess I will just run with it. Or do I use it to get a better deal with another realtor - like the one who is the "go to" in the neighborhood in which we want to buy?

Anonymous wrote:Oh. That sounds fine then. Sounds like they are trying to compete with a Redfin model, though I have it on pretty good authority that whole Redfin rebate thing is being phased out. Stay tuned.

Uhh huhh?

Oh. That sounds fine then. Sounds like they are trying to compete with a Redfin model, though I have it on pretty good authority that whole Redfin rebate thing is being phased out. Stay tuned.

No - sorry for confusion. 2% when I sell and 2% when I buy. 3% to buyer's agent for my current house.

Anonymous wrote:Doubtful. And I would question a 2% commission on the buyer side - if you don't offer something competitive you run the risk of agents not even wanting to show your house.

+1

It is normal for less experienced agents trying to garner sales listings.

Doubtful. And I would question a 2% commission on the buyer side - if you don't offer something competitive you run the risk of agents not even wanting to show your house.

Well known and quality realtor just offered us 2% commission on selling and buyingemd, total of 4%. Is this the going rate now? I know Redfin is a bit less, but we want a more known entity who we know has proven results in our neighborhood.