Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Real Estate Agent
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago on . Most recent reply

User Stats

2
Posts
0
Votes
Nick Whitaker
  • Raleigh, NC
0
Votes |
2
Posts

Question about buyer's lead resulting in contract

Nick Whitaker
  • Raleigh, NC
Posted

Hey BP community, my wife and I have a house under contract as buyers and was wondering if it is acceptable to ask our real estate agent to contribute a percentage/certain ammount of his commission torwards closing costs?

Here is the backstory

My wife happened to drive by and found the home directly after the sellers agent put the for sale sign in the front yard. The house was not listed on the MLS yet. She called the sellers agent to get information on the home. We were able to get the first viewing on the home with our agent the same evening. Submitted an offer and got it accepted two days later.

I must mention we live in a very competitive market, especially in the price range of this home. I have been watching the MLS through email alerts and homes in this price range tend to go under contract in 7 days or less.

One more note, our real estate agent even mentioned how my wife made a very good impression on the sellers agent with her call in the morning regarding the property. (Her call may or may not have persuaded the sellers agent to get sellers to accept our offer)

With regards to all of the above factors,is it acceptable to ask for assistance from buyers agent torward closing cost?

I understand that finding a home is only a small portion of a real estate agents role in the purchase of a house. Just looking for some crowd sourced input. 

Thanks in advance for replies!

Most Popular Reply

User Stats

23,418
Posts
13,509
Votes
Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,509
Votes |
23,418
Posts
Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

On the other hand, if your agent had showed you another 20 houses, would you be offering to pay them extra commissions?

Loading replies...