Commissions Rates To Sell a Home are Negotiatble
Here's something I bet you thought you'd never hear, real estate commission rates are negotiable.
What a great way to find out how good of a negotiator your potential real estate salesperson is going to be for you. When you ask them to lower their commission, you are in sense taking money directly out of their back pocket. If an agent is willing to drop their commission from 7% to 5% just to get a listing, that means that they are willing to work for nearly 30% less than they were orignally planning. Can you imagine trying to run your household budget if you were willing to take 30% off of your paycheck every now and then?
How do you think that agent will help you negotiate more money for your home when an offer shows up? By folding and giving in just to make some money??
Something to think about. Sometimes what an agent does can tell you more about them and what they'll do for you than their big drawn out presentations.
Jason Tangen - GRI, e-PRO - Real Estate Broker Associate with Edina Realty in St Cloud MN
www.StCloudEdina.com - Home of the e-Market Analysis (free home value estimator)
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