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Updated almost 4 years ago on . Most recent reply

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Gitit Hefetz
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Real estate commission Sacramento

Gitit Hefetz
Posted

Hello,

Does anyone knows of in today’s market can I offer 4.5% real estate commission to seller agent to spot with buyers agent? Is it too low?

Thank you!

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Joe Norman
  • Property Manager
  • Baltimore, MD
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Joe Norman
  • Property Manager
  • Baltimore, MD
Replied

All commissions are negotiable (i.e., there are no standard commissions set by law). I'm sure you'll find someone to list for 2.25%, but ask yourself - what does that extra .50% mean to you? Is it such a high dollar amount that it can make/break your deal for you, or is it worth paying that in order to build a relationship with a top notch agent? 

Personally I will definitely offer a discount to my loyal, long term, easy to work with investor clients. But if a new investor comes to me and tries to nickel and dime me over .50% then that tells me a lot about how they see our relationship long term and I'm not likely to work with them.

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