As a buyer, the agents aren't making a large commission off of you. They're making a negotiated commission to be paid by the seller. You have no role in the amount of commission to be paid. It's none of your business. Keep your nose out of it.
As for "the agent": Whose agent? Yours or the seller's. Now, the seller's agent represents the seller, not you. While the agent has an obligation to be truthful to you, his overriding obligation is to represent the best interests of his client.
If it's your agent who's advising you, then seriously consider the advice. However, beyond complying with whatever rules the VA has, you can ask for anything you want. Maybe what you're asking for isn't traditional in Colorado; I don't know. But ask away.
But, again, the two basic points are: The commission is negotiated by the seller with his/her agent. Whatever they agreed to is already done and it's none of your business. Second, make sure "the agent" is your agent. If you don't have one, get one.
Hope that helps.
In a seller's market, sometimes the best deal is getting the house at the prevailing prices and prevailing rates. Just recently I worked with a buyer on 4 contracts bidding full price or above before we got a house on a 5th bid.
Colorado. Prices were up 10% from December to March; who knows how much they've gone up since then. In a seller's market, you don't have the leverage that you did two years ago.
All the best,
I just recently sold my house and the buyer was using a VA loan. Whoever "he" is needs to be fired! A VA is different from other loans, but as far as what your payments will be, what you want to offer, down payment, etc. You CAN AND SHOULD always ask.
We used Colleen Mullins, she is FANTASTIC. She is NOT in it for the money, she is in it to help you get a home that you will want to be in for the rest of your life. With our last purchase she actually cut her commission so we could get the house because my husband and I did not have any credit. She is truly a great one.
Thanks, and if you have more questions you should contact her
It sounds like you are trying to work with the listing agent. If so that is a big mistake. A Buyer's Agent works for you and will write the offer you want without conferring with the listing agent as to what the seller will or will not do. The listing agent works for and has a fiduciary duty to the seller, not you. Your agent can work this through and negotiate on your behalf. Ultimately, the seller will be paying your Buyer's agent's commission. If it is an MLS listing, that is already settled. I hope this makes sense to you. To work directly with a listing agent is like going to court without an attorney. It just makes sense to have someone on your side who is experienced and looking out for you and has your best interests at heart. Let me know if I can help you further.
Robert McGuire ASR
Your Castle Real Estate
Direct - 303-669-1246