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Updated over 3 years ago on . Most recent reply

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Seidy Lasker
  • Realtor
  • Phoenix, AZ
37
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79
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Flat Fee Brokerages- Buyers Commission

Seidy Lasker
  • Realtor
  • Phoenix, AZ
Posted

What do flat fee brokerages pay to buyers agents in a typical 5-6% market? If they charge lets say $3,000 for listing, what do they usually pay buyers agents? 2%?

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Bruce Lynn#1 Real Estate Agent Contributor
  • Real Estate Broker
  • Coppell, TX
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Bruce Lynn#1 Real Estate Agent Contributor
  • Real Estate Broker
  • Coppell, TX
Replied

We just did a study in my sub-market.  The 2.5% buyer agent listings sold for a lot less than the 3% buyer agent listings.  Just a thought.  Reducing commissions doesn't always net more money for you.   I'm in DFW area.  You might want to get your regulars agent to take a look at it for your market.

I'm sure agents fight to keep the deals together if things start to go south, like a tough inspection, or some other issue when the commission is more.  So when the buyer says lets bail on this one and move to another contract and the next one is paying 1% more in the same price range...how hard do you think they fight to keep the first one moving?

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