You don't have to pay commissions, Raj, you just can't expect that real estate agents will be eager to show your property.
People tend to have a picture of real estate agents, but really, we are a diverse group. For every deal-centric analytic number-cruncher, there's a former teacher or health care worker with a buyer.
The one difference is that the more touchy-feelie type of agent is likely to show a low-commission property to their client in the name of Customer Service, and the deal-centric agent with a Roladex large enough to require its own Dropbox account may decide that it's not worth their time to tickle the database over your discounted commission.
There are other permutations, of course. But as a practical matter, if the buyer's agent isn't going to get the commission from you, they're quite possibly going to get it from the buyer, which is going to be reflected in the offering price.
All the best,