Quote:
Originally Posted by Wayne at Pelican Parts
In the long run, the buyer actually pays the commission in the form of paying a higher price for the house...
-Wayne
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Yeah, when selling you need to consider the broker commission into the net which affects a sellers negotiating position.
Just to be straight I'm not looking to try and beat anybody out of anything they may be due.
I don't think that's right.
I feel like they gave up on us when we hit the current asking price knowing I have more upside if I refi and rent the place vs dropping the price any more.
This buyer fell into the brokers lap the day before the listing expired. Broker did nothing to earn this buyer and did nothing in 10 days to try and close the deal.
If I sign up with a new broker and this guy comes back to the table the new broker would get the commission, old broker would get nothing. The language in the contract is very clear on that.
The old broker knows that and has not approached us about any further extensions while she tries to close him. I just don't feel like she wants it bad enough.