Home Selling in 66049>Question Details

Allynz, Home Seller in 66049

Are you willing to lower your commission?

Asked by Allynz, 66049 Tue Sep 1, 2009

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11
Laura Chaney’s answer
Are you willing to discount the price of your house by a comparable percentage that I am willing to discount my commission? In other words, if I discount my commission by 20% will you discount the price of your house by 20%? "Maybe," you say. "Is this a reasonable request.?"
0 votes Thank Flag Link Sun Aug 12, 2012
We all want to make lots of money, but it doesn't define who I am.

I'm worth more than every penny I will ever make, so to put it in those terms is just asinine. (no offense.)

IMHO, for those of you who believe that those who cut their commission are incapable of negotiation strategy, you've got it completely backwards. It shows flexibility. I truly hope that if/when you find yourself in a moment of need, you don't meet yourself.

I take an altruistic/humanist approach. If someone is in need, why not? I have done it before, I'm sure I will do it again...because I am a giver. That's why I am in the service industry. Sometimes agents are at the mercy of their broker, or their pride, whichever the case may be-- this business is about negotiation.
4 votes Thank Flag Link Tue Sep 1, 2009
Erin, your clients are very lucky to have found a Professional who so obviously (based on your comments) represents the best of what the Industry has to offer.....

Enjoy your view of things (Agree or disagree)

Thumbs up!!!!!
2 votes Thank Flag Link Tue Sep 1, 2009
Sure, if it is a small percentage that helps fill in a gap between the buyer and seller that will prevent a deal breaker. It helps also if the other agent is flexible if need be. Goodwill such as this is remembered by clients and they'll be more likely to refer you if you've done everything possible to negotiate their transaction.
Web Reference: http://www.liveoc.us
2 votes Thank Flag Link Tue Sep 1, 2009
Victoria,
If you are so weak you can't negotiate and justify your commission why would I hire you in the first place. I know that sounds harsh but no harsher than your answer.
The NAR says all commissions are negotiable, NAR's own survey says we don't earn the commission we charge.
I don't reduce my commission I negotiate services and get paid for what I do. There is a difference.
1 vote Thank Flag Link Tue Sep 1, 2009
You asked your question on the right day Allynz. It's National Educate the Consumer We Won't Work for Less Than X Because We Blah Blah day....

Just check today's Topic of the Hour and you will reach some sort of conclusion after they educate you..
http://www.trulia.com/voices/Agent2Agent/What_is_the_perfect…

http://www.trulia.com/voices/Home_Selling/Is_the_Listing_Age…

http://www.trulia.com/voices/Agent2Agent/A_lower_commission_…

http://www.trulia.com/voices/Home_Selling/Do_higher_commissi…

http://www.trulia.com/voices/Home_Selling/Do_agents_look_at_…


All being commented on at the same time you posted your question so between them and the responses on your Question you should as a Consumer be able to reach some sort of feeling of who you want to Hire Services from.

I will say this much....The Quality of the Agent you decide to Hire will not be determined by the Commission they charge. (That is just a dumb claim) it will be determined by their character and Professionalism. Many Agents that charge more are just charging more simple as that.

Determine your goals, interview Agents, find one that fits your needs, there are many many Agents to choose from all of whom are selling services. Good ones, Bad ones and what they charge has nothing to do with deciding which group they fall in.

As far as all the ...I won't work for less than because blah blahing....YAWN

Good luck, Dunes
1 vote Thank Flag Link Tue Sep 1, 2009
Many Realtors all have different business plans, best find an agent works within yours. As a professional real estate agent many don't know all the expenses required.

National Featured Realtor and Consultant, Texas Mortgage Loan Officer, Credit Repair Lecturer
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Lynn911
Web Reference: http://www.lynn911.com
0 votes Thank Flag Link Tue Sep 1, 2009
shucks..thanks Dunes..just how I feel.
0 votes Thank Flag Link Tue Sep 1, 2009
No If i am so weak that I can not negotiate my own commission. I aould not be strong enough to negotiate an offer for you.
0 votes Thank Flag Link Tue Sep 1, 2009
Definitely, not up front with the initial listing....however to make a deal work in certain circumstances may consider discounting the fee for professional services to save the deal.
0 votes Thank Flag Link Tue Sep 1, 2009
NO! I'm worth every penny of it!
0 votes Thank Flag Link Tue Sep 1, 2009
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