Catherine (Cathy) Chaudemanche Team - Realtor Associate, ALC

Christina, you seem to be a pretty savvy business person-

Not sure if you already listed your house and hopefully it is already sold…

Let me give you just one perspective related to the effect of commission cutting.

1. Most real estate agents are paid solely on commission-
2. The commission you are negotiating with your listing agent will be advertized for all other agents to see (this commission is documented in the MLS agents use to search for homes for their buyers)-
3. In most local markets, there is more supply than demand (meaning that there are more sellers or houses on the market than potential/qualified buyers)-
4. Agent are usually selecting houses for their clients and cannot show all houses in a town-

So now, let me ask you, when the agent is going to have to select a few houses to show, which houses do you think most agents are going to pick?
The ones with a commission of 6%, 5.5% or 5%?

Now you understand that to a large extent, real estate is a number’s game, meaning that the more showing and the more chance to get an offer.

By decreasing the commission, do you think you are going to increase or decrease showings?

I hope it helps-

Cathy Chaudemanche - A few minutes ago