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Updated almost 9 years ago on . Most recent reply
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Realtor Fees
Good Morning,
I am interested in buying 1 of 3 properties. I don't currently have a realtor, and have a few questions.
1. Since I basically have done alot of the research on my own, how do you go about negotiating with realtors to reduce their fees? I am trying to understand how this works. I get that the seller basically pays the fee, and it may be split a certain way between the buyers and sellers agents, but if I have done most of the work, isn't there some room for negotiation?
Lets start there, I'm sure other questions will come up. Thank you.
Dom Longbucco
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Originally posted by @Gino Barbaro:
Nothing makes me happier than when I am listing a property and I get an offer from someone unrepresented. I convince them they got the deal of the century, and I end up selling the property for much more than someone who would have used a good agent. I get my seller more money than they were expecting, and I make more money in the end since my commission is not split, even if it were reduced. Every time without fail that someone who has bought a property from me without an agent has overpaid for that property.
- Russell Brazil
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