Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

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

User Stats

313
Posts
337
Votes
John Collins
  • Investor
  • Tx, GA
337
Votes |
313
Posts

Buyers agent fee of 3%

John Collins
  • Investor
  • Tx, GA
Posted

I am using one of those 1% listing services for a $215k condominium (pricing it very low to sell, great condition, just want liquidity) and am wondering do I really need to give the buyers agent 3% at this competitive of a price on a straight forward condominium? How much would it hurt me to offer 2% in the contract? It's still an easy sell. 

Most Popular Reply

User Stats

3,926
Posts
4,386
Votes
Jason D.
  • Rental Property Investor
  • St. Petersburg, FL
4,386
Votes |
3,926
Posts
Jason D.
  • Rental Property Investor
  • St. Petersburg, FL
Replied

@John Collins what has trying to get at is that if you're at 2%, and all the other are 3%, you'll be the last one for the realtor to recommend, because they will have to do the same work for less money.

It very well could cost you a sale, but will definitely make your condo sit longer than it normally would.

Loading replies...