Are broker's fees negotiable in greene county, ny?

Asked by Vogie, 12452 Wed Aug 4, 2010

We were thinking of selling our house in Greene County, NY and had a realtor come look at the house to list it. She emphatically stated that her fee was 6% and when i asked about lowering that to 4%, she stated it is not negotiable in Greene County. Knowing the housing market is bad all over and many agents are negotiable, we were totally turned off by her. Any other opinions?

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Ralph Windsc…, Agent, Hauppauge, NY
Wed Aug 4, 2010
Hopefully, you misunderstood and she said her commission is not negotiable because that's what her company charges. Commissions are always negotiable. However, with real estate like everything else, you get what you pay for. Since the decline in the housing market, commissions have gone up becauuse of the increase expenses involved such as advertising and the added time to get properties sold these days. Iif you don't like the agent, interview others. Good luck!

Ralph Windschuh
Certified Buyer Representative
Associate Broker
Senior Real Estate Specialist
Century 21 Princeton Properties
In the Top 2% of Century 21 Agents Nationwide!
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Linda Lorenzo, Agent, McKinney, TX
Wed Aug 4, 2010
That agents fee may be 6% but she certainly can't answer for other agents because there is no set commission fee for agents, that would be illegal. The fee isn't the biggest concern it is how much money do you get to keep? What are they doing for you to market the home, sometimes a discount broker is not the best way to go if they just plant a sign in the yard. If you get someone to agressively market your property and it stays on the market for less time you are going to net more. So be sure to interview and look at the agent's marketing plan before you decide.
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Scott Godzyk, Agent, Manchester, NH
Wed Aug 4, 2010
No agent can tell you what other brokers are charging or what they will or will not discount their fee to. that is price fixing and against the federal anti trust laws. your bets bet is to call seperate agents or companies and ask them what they charge. More important you need to ask what you get for what you pay. remember in life you get what you pay for, so if you want a discount broker you may get discounted services.

meet with them, ask what they offer, tell them what you expect and compare what they charge with what you will get and choose the best one.

good luck with your sale
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