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Updated about 9 years ago on . Most recent reply

User Stats

208
Posts
96
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Brian Orr
  • Rental Property Investor
  • Tampa, FL
96
Votes |
208
Posts

Should I expect discounts from my realtor?

Brian Orr
  • Rental Property Investor
  • Tampa, FL
Posted

I've been wondering about all the overhead built in to buying and selling. Especially the 6% commission on each end, closing costs and all that. To all my investors and realtors out there - should I be getting a deal at some point from my agent? And if so, any suggestions on what volume or dollar amount this would logically take effect and still be fair to all of us? and if so, how to approach it?

Most Popular Reply

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69
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63
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Tom T.
Pro Member
  • Investor
  • Cumming, GA
63
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69
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Tom T.
Pro Member
  • Investor
  • Cumming, GA
Replied

you could become an agent yourself....

Realizing that people always want a discount before anything happens is a reality. It is after all "all negotiable"  A good dedicated agent IMHO is worth the 6%.  Finding a GOOD one is the much harder part.  Once you find a good one I might suggest asking something along the lines of. Hey, when I do my third home over xx$$ can we reduce the rate a tic? and approach it that way.    A good agent will not reduce the rate on the front end on a promise of future business but once you do a few deals and BOTH of you see the value in the others time and energy. Maybe then. That's my opinion.

Luck is what happens when preparation meets opportunity.
Make is a great day!

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