Some interesting answers to an interesting question.
I would like to give you some thoughts to think about:
1. Over 3,000 properties have sold in the last three months. Why not yours? That would be my first question
How long has your home been on the market?
2. Ask your Realtor, since your home was listed, home many properties have:
-come onto the market
- are competing with mine
-lowered their price
-went into escrow
Your question about "does the Realtor deserve to get both sides" is a little premature.
Does he deserve to get one side? If homes are selling, why not yours? Most of the time (90%) the buyer first sees the home they buy with a Realtor. Your Realtor's marketing efforts are usually the "procuring cause" or the reason that they find your home.
Most sellers begin to be very sensitive regarding issue like yours ("I found the buyer"...well, how? And how is it the buyer knew about your home? And what will happen if the buyer doesn't buy?") when the home has been on the market and they begin to doubt the Realtor's abilities and expertise.
Just looking at your market stats I can tell you that you need a price reduction. There are very few homes that cannot be sold at the right price.
Remember, the sale of your home is a process. If you follow the steps, it always works:
1. Proper cleaning, painting, de-cluttering, re-personalizing, staging, professional photos, proper pricing
2. Proper marketing
3. In the first two weeks on the market we expect 10-12 showings or one offer. If we don't see that, then a price adjustment is in order.
Homes that sell in the first 30 days sell closest to asking price, so in order to get top dollar we need to sell in the first two weeks. AT 120 days on market homes are selling in my area for 93.6% of asking. Within30 days it is 100% of asking.
So if no showings, lower the price, If no offers, lower the price. If low offers, lower the price. The fact that your Realtor legally can represent both sides is not the key issue. You need to get your home sold. I would not take a listing where in the Other terms it said "If the sellers finds a buyer on their own I am not entitled to be paid a buyer's commission if I do the work of both sides".
The statistics are the 90% of the time the buyer is brought by another Realtor. Only 5% of the time does the listing agent bring the buyer.
So focus on your main goal. Get the home sold. Just follow the process.