Scaling commission to expensive homes
I'm looking at buying my first home that I plan to live in. I've bought 8 homes so far that were purchased with the purpose of renting out to other tenants. So, I have some experience.
The rental properties cost around $100k each. I ended up negotiating to 2% buyers agent commission since I was buying a bunch of properties and wasn't using much of the agent's time.
For my home purchase, I'm looking at homes that are 2-3 million dollars. Paying $90,000 (3%) to a buy-side broker seems insane. Especially since I'm not even using a lot of their time. I look for the homes I like myself on zillow and redfin.
What's a reasonable rate to pay a buy-side broker on a home this expensive?