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

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Buying & Selling Real Estate
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 over 9 years ago on . Most recent reply

User Stats

6
Posts
1
Votes
Dominick Longbucco
  • Accountant
  • Chicago, IL
1
Votes |
6
Posts

Realtor Fees

Dominick Longbucco
  • Accountant
  • Chicago, IL
Posted

Good Morning,

I am interested in buying 1 of 3 properties.  I don't currently have a realtor, and have a few questions.

1. Since I basically have done alot of the research on my own, how do you go about negotiating with realtors to reduce their fees?  I am trying to understand how this works.  I get that the seller basically pays the fee, and it may be split a certain way between the buyers and sellers agents, but if I have done most of the work, isn't there some room for negotiation?

Lets start there, I'm sure other questions will come up.  Thank you.

Dom Longbucco

Most Popular Reply

User Stats

17,643
Posts
30,520
Votes
Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
30,520
Votes |
17,643
Posts
Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied

Originally posted by @Gino Barbaro:

@Dominick Longbucco

 Nothing makes me happier than when I am listing a property and I get an offer from someone unrepresented. I convince them they got the deal of the century, and I end up selling the property for much more than someone who would have used a good agent. I get my seller more money than they were expecting, and I make more money in the end since my commission is not split, even if it were reduced. Every time without fail that someone who has bought a property from me without an agent has overpaid for that property.

business profile image
District Invest Group
5.0 stars
44 Reviews

Loading replies...

1 2