Negotiate Real Estate Commission?

Juiced06GTO · 01-30-2021, 05:22 PM

What price range and which island? With the way things are selling a well placed post here or on the various FB Winni pages might have it sold without an agent pretty quick!

YOLO · 02-01-2021, 08:57 AM

You want them to work... so I usually do 5% if there is a co-broke, 4% if not. With the lack of inventory out there now, you have the leverage as the seller so you might do better.

LIforrelaxin · 02-01-2021, 09:23 AM

Like everything Realtor commission is negotiable.... As others have noted it can have effects on how hard your realtor works for you.

So other things to think about. Is your realtor willing to sacrifice some of there commission to get a sale over the edge... If they are contracted for 6% they may be willing to drop to 5% or even 4% to get a deal to go through. However if they are contracted to 4% the likely hood that they would do that is not as likely.

Personally in this day and age, I would first try and market the place myself and simply work with a real estate attorney to do the closing.

02-01-2021, 09:23 AM	#3
LIforrelaxin Senior Member Join Date: May 2006 Location: Texas, Lake Ray Hubbard and NH, Long Island Winnipesaukee Posts: 2,931 Thanks: 1,058 Thanked 902 Times in 532 Posts	Like everything Realtor commission is negotiable.... As others have noted it can have effects on how hard your realtor works for you. So other things to think about. Is your realtor willing to sacrifice some of there commission to get a sale over the edge... If they are contracted for 6% they may be willing to drop to 5% or even 4% to get a deal to go through. However if they are contracted to 4% the likely hood that they would do that is not as likely. Personally in this day and age, I would first try and market the place myself and simply work with a real estate attorney to do the closing. __________________ Life is about how much time you can spend relaxing... I do it on an island that isn't really an island.....

01-30-2021, 05:22 PM	#1
Juiced06GTO Senior Member Join Date: Aug 2017 Posts: 222 Thanks: 9 Thanked 88 Times in 51 Posts	What price range and which island? With the way things are selling a well placed post here or on the various FB Winni pages might have it sold without an agent pretty quick!

02-01-2021, 08:57 AM	#2
YOLO Junior Member Join Date: Nov 2020 Posts: 17 Thanks: 1 Thanked 23 Times in 10 Posts	You want them to work... so I usually do 5% if there is a co-broke, 4% if not. With the lack of inventory out there now, you have the leverage as the seller so you might do better.

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