Before you worry only about the commission, you must evaluate the value of the commission.
First and foremost you must try to find out as to whether your agent is an active "go-getter" who will put energy on marketing your condo and mileage on shopwing it promptly and constant follow ups, or is he/she working the old fashion way which was geared for good economic time, meaning he/she took the listing and hung it up on multiple listing and waiting to find out as to when and whom is going to fall into the door. An active agent is truly irreplaceable and worth every penny, even if you find the buyer yourself. There are plenty of buyers who would react to your agents marketing, but try to go around the agent hoping to get a better deal from you. The Agent's job however, is to fight to get the maximum money for you.
On the legal side, if you have an exclusive listing, the agent gets paid regardless of who secures the buyer. An Exclusive agency gives you the ability not to pay a commission if you, the owner secures the buyer. An open listing gives the commission only to the selling party.
I, as an aggressively active agent only accept exclusive listings, do not discount my commission, put in an average of 1500 per week on my car, and will try to bring in top bids even from under a rock and will try my best to patch up any serious deal to your satisfaction.
There are many others, suprisingly even a few as good as me to choose from.
All the best,
George Sameyah, cell# 212-290-2937
Prudential Douglas Elliman RE
Aggressively active on all properties from NYC to Long Island, from Brooklyn to Albany/Capital Region