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Updated about 2 months ago on . Most recent reply

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Jimmy Spaly
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Selling townhome in Denver Metro

Jimmy Spaly
Posted

Hello - my wife and I are fully moved out of our townhome which is currently staged and has been on market for a while. Most buyers are younger first time homeowners who are more sensitive to current rates. 

I’m wondering if anyone knows a selling agent who can help market my property at our original purchase price in 2021, and we wouldn’t have to pay buy-side commission. 

My current listing agreement expires with my realtor on June 1st. 

Thank you 

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Bill S.
  • Rental Property Investor
  • Denver, CO
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Bill S.
  • Rental Property Investor
  • Denver, CO
ModeratorReplied

@Jimmy Spaly I saw your post. It is going to be pretty tough to sell a property to a first time home buyer and not pay a buy-side commission. Most first time buyers have agents to hold their hand and have limited funds to buy the home and pay the commission. In addition, most have signed an agreement with their agent requiring them to pay the agent if they buy a home. Sellers are usually the ones with money so that's where everyone looks for the buyer's agent compensation. Granted the new rules don't allow the seller's agent to advertise a buyer's agent compensation but generally speaking, the seller pays the buyer's agent through the negotiations. 

  • Bill S.
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