Yes, as long as you find a listing agent that does not like money.

Now I am a FSBO person, and try to be fair on both sides of the table. Why would you expect someone not to split 50/50? Cheating one side so you get what you want - whoops, occupy movement again. Sorry.

Oh well, I do not think I need to add too much to the answers already given, except, why would you think
first of all that a listing agent who will have expenses, like sign in the front yard, lock box, making expensive color brochures, listing the property on the internet, potentially pay a good photographer for good photos, assist you in staging your home or any other needed, and then sit open houses, brokers open with refreshments etc.
Do all that and more when it comes to getting offers, inspections etc. etc. for basically Nothing?????

And why would you want to put Your trusted Realtor, working on your behalf and in your BEST interest not
get paid a reasonable commission?

Furthermore, Realtors need to show all properties to their buyers that fall into their client's needs and price range, size etc, It is against the code of Ethics to just show the ones where the agent gets a higher commission split or a bonus....

You want to market your property to the buyer, it is the buyer who will decide which property they like best
and as a buyer imagine you are the buyer, would you prefer to make an offer on a property and try to negotiate the price down, but your Buyers Agent gets 5 % commission????
Just give it some thought..... Your idea will definitely not make your home more interesting to the Buyers!!!!

Good Luck to you...
Edith YourRealtor4Life! and Chicago and Northern Illinois Expert (incl. the upscale North Shore)
Working always in the very BEST interest of her clients, buyers, sellers and investors alike.
Edith Always goes the X-tra Mile with a Smile for her clients! & Edith Loves Referrals
To get to know Edith as a person and on add. pages on her website learn about how the
expertise and services of a Realtor are helpful ... go to http://www.tinyurl.com/MeetEdithHere
and cannot

Hi Mas,

While I applaud your wish to make your home more attractive to buyer's agents, it is important to note that you really want to make your home more appealing to BUYERS. The only thing, ONLY THING, keeping homes from selling is the price and no amount of buyer's agent compensation is going to change that.

Also, you really need to consider this: do you really want to work with an agent that is willing to accept that sort of proposal? If you short your listing agent, will he/she really put forth 100% effort into selling your home? Take that into consideration as well.

I'm sorry, I should have asked earlier when I provided my answer to your question. Where is the property located? Is it in the Bronx? What type of property is it? What are the Taxes on the dwelling? All of these questions will help with the pricing? I am a Bronx Professional and depending on where in the Bronx the property Is located will also help with pricing the home correctly. Curb appeal is a plus and ease of access for showings also is a plus. But I would not renovate the property entirely. De clutter yes and maybe a coat of paint but that's as far as I would go. This way the buyers can vision the home as their own. Again give me a call so that we can work on the selling process of your property. Now that it is established that you are selling, where are you moving too? How have your search going? Have you found a new property yet? What is motivating you to buy and sell?

If I were approached with such a suggestion, I would regard it as in insult. I could not in any way afford to work on your place for 1%. I'll work hard and be as professional as possible for nearly anyone, but will not take on work where I am bound to lose even if I make the sale. At the end of the day, I can't be there for anyone if I cannot earn a living.

Mas17,
As you know ALL COMMISSIONS are negotiable. Yes, an agent may agree to your arrangement. The listing broker (the one the agent works with) will take a part of that 1%. The brokers cut will be between 5 to 50%. In many cases the 'franchise' will take another cut. The francise cut can be between 5 to 7% of the broker commission. Then, of course you will want your home marketed effectively which means the agent must spend money to create these marketing tools, That comes out what is remaining of the 1%. And of course, as every good negotiator knows, you stop negotiations when you are a few thousand apart. The options previously available to resolve the impass has disappeared due to this special arrangement.

Is this arrangement possible. Yes. Would this be a good business decision? Run the numbers and decide for yourself.

Of course, I would agree to this arrangement, but YOU would end up paying for all the services I would normally provide. Real estate agents are truly invested in the homes they list. Only when the home owner chooses to pay the real market value of these services will the real value become apparent.

Best of success in selling your home. Please keep up posted regarding the outcome.
Annette Lawrence
Palm Harbor, FL
727. 420. 4041 http://www.Listingbook.listingbook.com

Mas27,

To add to the other agent's response it is probably possible with some brokerages out there that you list with but do understand that you get what you pay for. The commission is important but ultimately it is not the agent that is purchasing the property it will be a buyers. In todays market buyers are looking for a deal. Some of the key areas that you should focus on is pricing, condition, location and making sure that the agent markets the property accordingly. You should meet with a few agents in the area and discuss your situation to find a company that will work with you.

Best of luck.

As a listing agent, keeping 1% and then splitting it with my broker would be out of the question. In this position, the responsibility, time and work put into selling a home would not justify 1/2 of 1% that taxes have to be paid on.

Instead try to focus on what should be done In order to sell your home in the current market place:
Price it right - where is your competition at?
Curb appeal - Are you hedges trimed? Grass mowed? Does your vinyl siding need power washing?
Declutter and make sure the home is clean at all times
Make repairs that are needed
Make your home accessible to buyers

If you show that you care about your home, buyers will see it and it will make your home more appealing to them.

I will admit, that is a very unusual request for a seller. The cost of marketing your home will not allow a split as such. Unless it is one of those companies that will not maerket your home and just have you sell it on your own. For that why even have a Broker if your selling it on your own? In this market you do need all of the help that you can get, especially in this season. Homes are selling everywhere every day. The only thing that will keep your home from selling in this Market is the pricing. So maybe your focus should be geared more towards an agent who is knowledgeable of this market whom also follow sales trends. Bad advice in this Market will cost you thousands. I deal with a lot of sellers and they don't always agree with the information that I give them, but I do advise them. I was selling a condo and there was 3 other condos for sale in the same development. My seller refused 4 offers they came in. I advised them not too do so but a family member told them other wise. Well needless to say that the other 3 sold and after 7 months my sellers went with another broker. I came with more buyers and ended up selling the unit for them 60k less than the other offers that they refused. I warned them that this would happen, and it did. So again I strongly urge that you choose the right broker and focus less on a commission split. Because no matter what split you decide on if you price your home aggresively it will sell. If you have any questions or need any assistance at all please feel free to contact me.
Bruce Mcintyre
Bruce.mcintyre@pantigagroup.com
347 657 1114 ext 111

Hi, you have to keep in mind most agents put alot of time and money into marketing your home so I wouldn't count on them cutting their side like that. A large part of selling your home is based on the condition, location, and price. If there are issues in any of these three areas it won't matter how much incentive you give selling agents and will most likely cause them to be pushy with their buyers.

Chris

Hi: Sure, I'll do that for you. We are the only company that offers this style of customizable commissions. Please call me at my office: 914-273-9688 so that we can further discuss your sale. Thanks. I look forward to speaking with you soon. Have a great day. Sincerely, Michael F. Levy, Principal Broker, Grand Lux Realty. BTW, we're looking for more agents & offer a 70% commission split with no fees. If you know anybody who might be interested, I'll pay you up to $1,000 each for your agent recruits.

mas27,

The typical commission split the works is a 50/50 split that shares the professional fees equally.

The lions share of the financial burden for listing and promoting a property falls in the lap of the listing agent so it's unlikely that you will find a "full service" agent that would agree to anything else. On the other hand there are agencies that will list your property for a fee on the MLS. This would put your property out there but not promote it beyond including it on the MLS.

As a truly motivated seller, perhaps the best way to expadite a quick sale is to spruce it up, declutter it, fix & repair, and make it shine......then price it at a price that will attract buyers.

Since the majority of today's buyers are focusing on value, your asking price should be one that is an accurate reflection of your local market activity and one that captures buyer attention.

Good luck,

Bill

If If you want the buyer broker to receive 5% then you should simply be willing to pay 7.5 or 8% total commission. However I would advise you I think your strategy is ill advised.

You would be better off lowering your listing price and paying the usual 5 or 6% commission. While it's true that there are agents out there that are focused on their commission and not on showing their buyers homes that meet their needs, most agents understand that buyers buy what works for them and certainly there are more buyers looking for a great price than there are agents worried mainly about themselves.

In over twenty years of selling real estate full time I've never once focused on the commission being offered, never taken a bonus that was offered by the Seller and never shown a property because of an offered buyer broker bonus or above average commission rate. In fact my buyer broker agreement specifically states I will not accept less than 2.5% or above 3%. Any additional commission offered I rebate to my buyer as a closing cost credit.

If you want to sell fast, the secret isn't the commission rate, it's the price you're asking . Your home needs to offer the most for the least. Perhaps you may want to reconsider your strategy.

I wish you the best of luck.

Possible, yes? Likely, no? The amount of work involved with finding a seller, researching the correct price, agreeing on a price, and listing a home is only part of it. Working with agents, buyers, reviewing offers, following up with the agents, escrow companies, etc. is a lot of work.
In some cases, if you are buying a home after selling a home, an agent may work with you on the commission.
If you want to sell it quickly, give the selling agent an extra 1% out of pocket, or better yet, give it to the buyer.
The best way to sell it quickly is to price it correctly.

Good luck with your sale.


Frank Diaz
(RA) MBA, e-PRO, REALTOR®
East Oahu Realty