In this extraordinary seller’s market, some homeowners discovered the advantage of waiting to see the terms of offers before committing to pay 3.0% commission to
Tag: buyer agent commission
False beliefs about agency fees cost home sellers thousands
Would you promise to pay a “going rate” for something you haven’t seen? Of course not. But, homeowners selling their houses do just that with
Sellers Pay the Cost of the 3% Myth… by the millions of dollars.
“…So if you offer 2%, this agent may not encourage their buyer like they would if it was a 3%…” From a Wisconsin Real Estate
Hold That Thought. Wait to commit to paying a set commission to a buyer agent until you see the terms of the Offer.
There is no requirement that a listing broker offers compensation of any amount to list a property on the Multiple Listing Service—the National Association of Realtors
