Quote:
Originally Posted by legion
...The wife and I have already agreed that we will be willing to pay a realtor a 3% fee if they bring a buyer to our house and close the deal. We will tell any realtor who does this and demands 6% to pound sand....
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Just some observations from my shopping and selling of homes.
FSBO's are annoying. Every one we went to the owner shadowed us constantly pointing out stuff that mattered to them but that we could care less about. I think most people want to walk around and feel the space for themselves. To sell a house you want a buyer to be able to imagine themselves living there, not someone else.
For me there is this weird impression that I get from FISBO's, not willing to pay a realtor makes me feel the owner is cheap. That was reinforced when I once made an offer on a FISBO and the negotiations with the PO were highly frustrating. I passed due to it. But that's just my experience.
One of the issues with negotiating commission is you take away their incentive to sell. Their marketing dollars come out of the commission so the less they make the less they spend and the greater risk that they do the minimum and just encourage you to keep dropping the price till it moves.
If you find an animal realtor, pay them the going rate. They'll move it faster and for the most money.