Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 5 years ago on . Most recent reply

User Stats

150
Posts
26
Votes
Faysal Alam
  • Real Estate Agent
  • New York City, NY
26
Votes |
150
Posts

Commission or discount ?

Faysal Alam
  • Real Estate Agent
  • New York City, NY
Posted

I'm currently looking at a house in Queens new York for about 725k , looking to house back . The dilemma I have on my hands is since I am a realtor and will be representing myself I can either take a 1.5% commission which is about 11k , or I can not take a commission and would get about a 10k discount . Getting the house to 715k . If I take the commission it will be $9250 after splitting with my broker . Which option would you take and why ?

Also would you not get the deal over 10-15k ? Although 725k is not a bad price , I was looking to get it for 710-715k even without giving up my commission , would that difference be worth losing the house ?

Loading replies...