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Updated almost 7 years ago on . Most recent reply

Selling agent commission & discount brokers
Hi All! My first post.....need advice and thoughts on topic. I have been a residential real estate broker for over 20 years. I have noticed many buyers now find homes themselves via the multitude of MLS accres sites. Zillow Realtor.com etc. My question is this.....do you think its necessary to still offer 2.5% to selling agent when many buyers find the house themselves! I have had more than one seller ask if the buyers agent earns their keep. Avg home price in our market is over $1.5mm. That is a large amount of money! MANY new companies are offering to credit a portion of the selling agent commission back to buyer. I believe it coming very soon. Your thoughts.