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?
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.
I recently listed a property at 4% in Sacramento. PM me if you'd like details.
you get what you pay for, but it just depends on the person you are working with!!
Thank you all!