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Should you ask a Realtor to reduce their commission?

I posted this a while back and thought it was worth a re-post :). One thing to add though is…if an agent can so easily be persuaded by you to reduce their commission (which by the way is their own livelihood because realtors aren’t paid a salary), how much negotiating do you think they will do on your behalf when selling your home for the best price and terms. Something to consider. Happy selling!

Kfoley Homes by Kristen Foley, REALTOR®

Well, I think you know what I am going to say…NO!  What else were you expecting from a Realtor? 🙂

Here is the reason for my emphatic “no” though and why you should think twice before asking for a reduced commission.

1) If the agent is worth their “salt”, they will prove to you why they deserve their full brokerage fee (which by the way is decided by each broker).  If they don’t prove it to you, interview someone else.  Don’t ask the person who didn’t wow you if they will take 5% instead of 6% if they are asking for 6%…if they don’t make you believe they can do it, you probably aren’t going to be happy with them after they have had your house on the market for 100 days regardless of the fact that you are paying a reduced rate.

2) If the agent shows…

View original post 815 more words

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