[quote=zk]I could be wrong, but it was always my understanding that you could specify the buyer’s agent’s commission in your listing. You can make it whatever you want.[/quote]
That is correct. We had an interesting thread here years ago on what to set it at.
Normal full service realtors in san diego charge 5 not 6% with an even split.
Personally if I sell my condo I will do FSBO, pay a little to get a MLS listing plus a free zillow listing, maybe pay for premium zillow placement, and not pay a buyer’s fee. There are typically like 3-10 condos for sale in all of OB at most times and they sell themselves very quickly.
I am willing to split a flat fee to the buyer’s agent to help with paperwork, maybe 2k each.
Areas like mission and carmel valley that appeal to high income job relocators probably you will need to pay a buyer agent to reach that market. But the OB market is investors, long time San Diagans who have always wanted to live and own here, and finally current local homeowners looking to up or downsize, in order of importance. These people do not need agents holding their hand and would rather you pass part of the savings on to them.
