Best of luck to you.
For those of us answering your question seems odd, or somewhat self serving. HMMM, i can tell you I would take a commission cut, and in affect kick the knees of the agent you are currently working with who is in the same profession I am in and would I want your agent to tell my clients, hey, you should work Justin over for his commission.
I liked GTeam's answer, No your agents commission should not be discounted, nor should you expect it. I will be as bold to say, anyone who says they would take or give a discount has little value for their service. We are so short sighted, buyers and sellers "belief" is that realtors "earn" money. Gosh, Realtors do a lot more than that in the transaction. They have the tools needed to find you the correct house to purchase, they have the tools needed and professional know how to communicate with other realtors to get your current home sold. These tools aren't just the internet, but the dozens of transactions they have done each year that bring with them their unique circumstances which could never be learned/gained from sitting on internet looking for answers..I know long winded answer, simply put, Loyalty is honorable and Honor also see's value in anotherâ€™s profession! Value is worth Ten Times the Commission your agent will receive.
Best of luck.
As the others mentioned, you should definitely negotiate your commissions. After all, the agent wants you to use them for both transactions, and it's also in everyone's best interests to work with an agent for which you've established a relationship.
I work with a lot of Google employees up here in Northern California, and I always provide either commission rebates or reduced rates in listing and selling a home, so talk with your agent!
Area Pro Realty
There is NO % of discount standard rate
Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
I'm an independent broker in Southern California and I'll list and sell a home for 4% total commission and then split the buyer commission when you buy your next home. Check out Redfin in the Bay Area and you can save $$$$$$.
Become a buyer - that is the goal!
Unwaveirng Commitment to Service
You can ask for a discount even if you only buy or sell a property. Some agents are willing to give it to you but you have to be very careful, they may not try hard to save money for you. It is always understandable that if you are good to him, he will be good to you.
Good luck to you!
Has the service your agent performed diminished in such a way as he/she is not as valuable to you?
You will get different answers to this question, depending on whom you ask, as "reasonable" is a subjective concept.
Speaking for myself, I do offer discounts, but there are valid arguments made by real estate professionals with different perspectives, as the broker from Washington state illustrates.
You are certainly doing the right thing, seeking out different points of view, to ultimately make the decision that is best for you.
Pacific Century Realty
Listing Commissions as Low as 1%
Buyer Rebates to 50%
Having one agent represent you in both transactions is a major benefit to you. Hopefully you understand each other and have trust that the goals you established are clearly understood by your agent. If your agent is helping you at a discount on one or the other transaction, they may consider their time better spent with a client who is permitting them full fare.
Remember too, that the agent you select is out of pocket expenses weeks to months before they hope to get paid. They invest their time, knowledge and expertise in anticipation that things will go well and they will get paid. This doesn't always happen.
I had a client lose their job just as an offer came in on their listing. Without a job, they couldn't sell because until they had a new one, they didn't qualify fo buy. My efforts and investments in helping them sell and buy had to be put off indefinitely.
A good agent is worth more than they get paid, but a bad one will cost you thousands more. If you have a good agent, discuss their fees and come to an agreement that makes sense for everyone.
Better Homes and Gardens Real Estate