Investor · San Diego · Member since 2023 · 31 posts · 6 votes
I put in an offer considerably below list price and asked for a 3% commission. In this case the buyers chose not to respond. I called the agent to ask why and he basically said it was rude to ask 3% and that I should have asked for 0. I haven't really heard this from any other agent. So curious if other agents consider this rude?
If your offer was “considerably below list” they probably assumed you had included the 3% commission in that lowball. If you didn’t, you should have. You got off on a bad foot for no reason. Did you consider 1.5-2%? That’s what I paid on my last two sales as a seller and I simply added it to the selling price, essentially paying 0%. This is why I suggested you simply implement it in to your offer.
It might be too late in this deal unless they get desperate. But good luck.
If your offer was “considerably below list” they probably assumed you had included the 3% commission in that lowball. If you didn’t, you should have. You got off on a bad foot for no reason. Did you consider 1.5-2%? That’s what I paid on my last two sales as a seller and I simply added it to the selling price, essentially paying 0%. This is why I suggested you simply implement it in to your offer.
It might be too late in this deal unless they get desperate. But good luck.
If your offer was “considerably below list” they probably assumed you had included the 3% commission in that lowball. If you didn’t, you should have. You got off on a bad foot for no reason. Did you consider 1.5-2%? That’s what I paid on my last two sales as a seller and I simply added it to the selling price, essentially paying 0%. This is why I suggested you simply implement it in to your offer.
It might be too late in this deal unless they get desperate. But good luck.
I've written multiple offers and most agents have countered the 3% to 2% or 2.5% which is what I figured would happen in this case. The seller's agent seemed personally offended. Said things like "You don't pay yourself " and when I asked what I should have put he said 0. But he said all this like it was obvious. But seems like that was just his opinion. The whole interaction left a bad taste in my mouth so probably not going to pursue anymore.
Yeah. Life’s too short to work with people you don’t like. I wonder if he still presented the offer to his client. Isn’t he legally obligated? Anyway. If they were anywhere close to accepting your offer I ASSUME a smart seller/realtor would have countered even if they were “offended”.
Yeah. Life’s too short to work with people you don’t like. I wonder if he still presented the offer to his client. Isn’t he legally obligated? Anyway. If they were anywhere close to accepting your offer I ASSUME a smart seller/realtor would have countered even if they were “offended”.
If he did present it then I'm sure he didn't try and sell it to them. Which I don't understand unless he had an offer at or close to list. Seems like he could care less if the house sells.
I wouldn't worry about it too much, agents can get a little finicky especially when dealing with finicky clients. Sounds you like got frustration of what has amounted from a pretty hard transaction.
I wouldn't worry about it too much, agents can get a little finicky especially when dealing with finicky clients. Sounds you like got frustration of what has amounted from a pretty hard transaction.
The strangest part is that I told him over the phone that I was going well below list and he said I was in the ball park. Then talking to him today its like he doesn't even remember that conversation. Like Dr Jekyll and Mr Hyde.