Isn it true that a real estate listing offering a lower realty commission, say 5%, may not attract as many buyers agents to show the property to potential buyers?
It really depends upon the real estate market conditions. Theoretically, one could argue that, especially in a hot real estate market, most real estate brokers and real estate agents will not let that deter them from showing any home. However, the fact of the matter is, some will. It is unfortunate, but often true. As mentioned in #8, above, the real estate market conditions (a cooler market, especially) may dictate that it would be prudent to offer a full 3% realtor commission to the buyer’s broker, as a strong incentive to encourage exposure and facilitate a quick sale for a good price. Our Baron & Chestney Real Estate discount brokers will discuss many potential listing and pricing strategies with our clients, in accordance with the market conditions, specific neighborhood trends and dynamics, your unique property, etc. There are certainly many variables that can come into play. Most importantly, though, we do NOT want to do anything that would be detrimental to our home sellers’ be
Related Questions
- Isn it true that a real estate listing offering a lower realty commission, say 5%, may not attract as many buyers agents to show the property to potential buyers?
- Why would the listing real estate agent want to list my home in the MLS if they e not going to receive a commission when it sells?
- What exactly does a real estate do to deserve such a large chunk of commission?
