Tying buyer agent commission to tougher pricing

[James McGovern]

I will be listing a property and want to create a tiered buyer commission -

- 1% offer at list or below 

- 1.5% offer between 190 and 220

- 2% offer above 220

an additional 0.5% for offers that require minimal or no addressing of inspection issues or other requests that cost seller money

thoughts?

[Steve K.]

Buyer's agents can no longer see what commission rate sellers are offering after the NAR lawsuit settlement last year. I would write $10k flat fee into the offer for a property at this price point, as that is the lowest amount that it makes sense for me to do a transaction with all of my expenses and time accounted for. If the listing agent told me your recommended commission structure, or you countered our offer with that, I would tell you to get serious. 1% at this price point is like $2 an hour after expenses. You are not a serious seller. My buyer would have to pay me out of their own pocket, and the price would need to be discounted accordingly.