Comission and Help U Sell

[lulu]

Anyone know if Help U Sell pays a commision to a buyer’s agent? Or is that something the seller decides whether or not is provided?

[sdrealtor]

seller decides everything

[SD Realtor]

Hi Lulu –

I would strongly advise that you offer a competitive cooperating broker commission in this market. There is a guy named Jeff Karchin who will do nothing but put your home on the MLS and you can decide the rest. You also are liable for pretty much all of the transaction. I wouldn’t recommend him but there are alternatives like him out there.

Also if you are considering Help U Sell you may be able to get a better deal by calling multiple Help U Sell franchises. The corporate policy is to let each franchise price independently. People would call my branch and ask why my pricing is different then this branch or this other branch and so on. Which is one of a few reasons why I sold my Help U Sell and started my own brokerage.

Also the Help U Sell fixed fee is interesting. The fee actually varies with the price of the home. On the average the fee is about 1.2-1.4% of the sales price so it is not quite as fixed as advertised.

I will say that there are alot of good people that own and operate Help U Sell franchises and work for them.

Anyways the point is, commissions are and always have been negotiable in the state of California.

[no_such_reality]

Call me cynical, raise your price 3%. Offer a 5% buyer commission, 3% seller commission, and 5% if your seller agent double-ends it. Use the extra 3/4ths of percent you’ll make to smooth any ofi’s during escrow.

Let any unscrupulous agents fleece their buyers for you.

(No offense to the ethical agents on the board.)

[4runner]

If you really want to be cynical– why not just list it yourself and offer the buyer’s agent 8%???

[Author]

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