[quote=sdrealtor]Contrary to what most think most agents work hard and get paid very infrequently closing only a 2 to 4 transactions a year. Given the choice of showing numerous homes particularly in this price range, the home with at least 2.5% will get far more showing. While offering 3% is extra incentive to buyers agent, offering 2% is starting with one foot in the grave. Getting paid 2% or less is like taking a very substantial pay cut. Like it or not, its not in your best interests as a homeseller to do so.[/quote]
I have actually seen brokers shut down their agents’ deals because of a below market (market being 2.5%-4%) CBB.
Further, if agents form a collective negative opinion about a listing, it will discourage other agents from showing that listing. They (we) talk like a sewing circle.
Thanks to all for their inputs. I’m thinking why not a commission as high as 3%-4% for the selling agents and a small, fixed fee to the listing agent just to get it in the MLS. No offense to listing agents, but how much persuasion (or negotiation power) can a listing agent provide with todays market conditions. My expectations are all offers will be lowballs anyways. Is this approach reasonable ?
Thanks to all for their inputs. I’m thinking why not a commission as high as 3%-4% for the selling agents and a small, fixed fee to the listing agent just to get it in the MLS. No offense to listing agents, but how much persuasion (or negotiation power) can a listing agent provide with todays market conditions. My expectations are all offers will be lowballs anyways. Is this approach reasonable ?
Thanks to all for their inputs. I’m thinking why not a commission as high as 3%-4% for the selling agents and a small, fixed fee to the listing agent just to get it in the MLS. No offense to listing agents, but how much persuasion (or negotiation power) can a listing agent provide with todays market conditions. My expectations are all offers will be lowballs anyways. Is this approach reasonable ?
Thanks to all for their inputs. I’m thinking why not a commission as high as 3%-4% for the selling agents and a small, fixed fee to the listing agent just to get it in the MLS. No offense to listing agents, but how much persuasion (or negotiation power) can a listing agent provide with todays market conditions. My expectations are all offers will be lowballs anyways. Is this approach reasonable ?
Thanks to all for their inputs. I’m thinking why not a commission as high as 3%-4% for the selling agents and a small, fixed fee to the listing agent just to get it in the MLS. No offense to listing agents, but how much persuasion (or negotiation power) can a listing agent provide with todays market conditions. My expectations are all offers will be lowballs anyways. Is this approach reasonable ?
.
