Any Realtor agreeing to this is starving to death and that's why they'd accept such a ridiculous offer. You'll get exactly what you bargained for, an inexperienced, likely new, starving Realtor desperate for a paycheck. If this is good enough for you then by all means have at it. On the other hand perhaps you'll realize that what you want is a top notch Realtor who has years of experience negotiating for their clients and who has successfully closed hundreds of transactions. The choice is yours.
Commissions are negotiable, so it never hurts to ask. Let me ask you a question. If Agent A normally receives a higher than 1% amount to list a home, say 3% for example only, you are asking that agent to accept a 66% reduction in their fee. If another agent accepts 2% they would be accepting a 50% reduction in what they might otherwise accept.
You also have to offer a selling office commission. This should be competitive with others in your area or you may receive fewer showings and have self serving agents guide their buyers away from your home.
Now the math is easy, and you could have done this, but lets ask the next question. If you were one of the best agents in your market, who gets their sellers top dollar in minimal time, would you work for 50% to 66% less than normal or just find a client willing to pay what you usually charge?
Now, I'm not saying you won't find someone. I'm not saying you won't find more than one agent willing to work on these terms. What I'm questioning is whether they are really the best agent for you or someone desperate to make any commission.
My consistent advice here in Trulia is to focus on finding the best possible agent to help you buy or sell and let the commission work itself out. If the best possible agent, with the best marketing program, pre-listing preparation advice, negotiating strength and market knowledge will work for less than another agent good for you and them.
It's my contention that the best agent is worth more than whatever commission you agree to pay them and a bad agent will cost you way more than just some commission. Find the best agent and not just what appears to be a good deal. It could come back to bite you.
Basically, buy one-get one free in real estate is a "Yes." I sell your home for full commission, pay the buyers agent and you get your new home commission free!
However anything is negotiable. I would love to be interviewed by you and we come up with a 'win win' situation for everyone.
Call me - 720 226 4168