- This topic has 41 replies, 9 voices, and was last updated 14 years, 9 months ago by
lepetitangel.
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June 4, 2007 at 2:29 PM #56476June 4, 2007 at 2:29 PM #56499
SD Realtor
ParticipantDisasta you are SO RIGHT. Make sure you get as much as you can in writing.
newguy – it doesn’t matter if the agent gets a fixed fee or a percentage, all you are about is getting some of what they get.
SD Realtor
February 28, 2011 at 5:50 PM #672068mp7444
Participant(deleted at request of user)
February 28, 2011 at 5:50 PM #672131Participant(deleted at request of user)
February 28, 2011 at 5:50 PM #672739Participant(deleted at request of user)
February 28, 2011 at 5:50 PM #672878Participant(deleted at request of user)
February 28, 2011 at 5:50 PM #673225Participant(deleted at request of user)
February 28, 2011 at 7:11 PM #672083sdrealtor
ParticipantYes that is pretty much true. The Prudential agent could give back somehting from their share but Prudential is probably taking 1/3rd of the gross. If you Prudential agent gave you1% back they would end up getting about0.3% which means they would get almost nothing so they wont do it.
February 28, 2011 at 7:11 PM #672146ParticipantYes that is pretty much true. The Prudential agent could give back somehting from their share but Prudential is probably taking 1/3rd of the gross. If you Prudential agent gave you1% back they would end up getting about0.3% which means they would get almost nothing so they wont do it.
February 28, 2011 at 7:11 PM #672754ParticipantYes that is pretty much true. The Prudential agent could give back somehting from their share but Prudential is probably taking 1/3rd of the gross. If you Prudential agent gave you1% back they would end up getting about0.3% which means they would get almost nothing so they wont do it.
February 28, 2011 at 7:11 PM #672893ParticipantYes that is pretty much true. The Prudential agent could give back somehting from their share but Prudential is probably taking 1/3rd of the gross. If you Prudential agent gave you1% back they would end up getting about0.3% which means they would get almost nothing so they wont do it.
February 28, 2011 at 7:11 PM #673240ParticipantYes that is pretty much true. The Prudential agent could give back somehting from their share but Prudential is probably taking 1/3rd of the gross. If you Prudential agent gave you1% back they would end up getting about0.3% which means they would get almost nothing so they wont do it.
February 28, 2011 at 8:11 PM #672103recordsclerk
ParticipantYou need to ask for the rebate before you start with any realtor. It is their option to work with someone that wants a rebate. This is not something that every agent is willing to do. Please do not assume that they owe you anything. I have been a very difficult buyer and have and will continue to work with the same realtor because of he amount of time he has spent with me. Before you work with realtor make sure what split he/she gets from their broker. If they are an independent then they get the full comission otherwise it’s split between the brokerage and the agent. The spilt with the brokerage can very, so you need to ask your realtor what their cut is and what they are willing to share with you. Getting it in writing is the best way to go. Also as a buyer you want the rebate written into the offer so you don’t have to pay taxes on the commission. Either have it go towards the closing cost or down payment or negoiate a lower purchase price. If you want a rebate try doing some of the legwork yourself. Get to know what you want before involving your agent. It’s easy enough to do drive-bys before bringing your agent along to get in.
February 28, 2011 at 8:11 PM #672166ParticipantYou need to ask for the rebate before you start with any realtor. It is their option to work with someone that wants a rebate. This is not something that every agent is willing to do. Please do not assume that they owe you anything. I have been a very difficult buyer and have and will continue to work with the same realtor because of he amount of time he has spent with me. Before you work with realtor make sure what split he/she gets from their broker. If they are an independent then they get the full comission otherwise it’s split between the brokerage and the agent. The spilt with the brokerage can very, so you need to ask your realtor what their cut is and what they are willing to share with you. Getting it in writing is the best way to go. Also as a buyer you want the rebate written into the offer so you don’t have to pay taxes on the commission. Either have it go towards the closing cost or down payment or negoiate a lower purchase price. If you want a rebate try doing some of the legwork yourself. Get to know what you want before involving your agent. It’s easy enough to do drive-bys before bringing your agent along to get in.
February 28, 2011 at 8:11 PM #672774ParticipantYou need to ask for the rebate before you start with any realtor. It is their option to work with someone that wants a rebate. This is not something that every agent is willing to do. Please do not assume that they owe you anything. I have been a very difficult buyer and have and will continue to work with the same realtor because of he amount of time he has spent with me. Before you work with realtor make sure what split he/she gets from their broker. If they are an independent then they get the full comission otherwise it’s split between the brokerage and the agent. The spilt with the brokerage can very, so you need to ask your realtor what their cut is and what they are willing to share with you. Getting it in writing is the best way to go. Also as a buyer you want the rebate written into the offer so you don’t have to pay taxes on the commission. Either have it go towards the closing cost or down payment or negoiate a lower purchase price. If you want a rebate try doing some of the legwork yourself. Get to know what you want before involving your agent. It’s easy enough to do drive-bys before bringing your agent along to get in.
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