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Updated over 7 years ago on . Most recent reply

User Stats

12
Posts
2
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Mykia Long
  • Investor
  • Chicago, IL
2
Votes |
12
Posts

Buyer's Agent Incentive

Mykia Long
  • Investor
  • Chicago, IL
Posted
I'm using the same realtor to buy my second investment property, and I'd like to not spend over a certain dollar amount. However, my realtor will get more commission from the seller's side if I buy more expensive property. I know that it's acceptable to negotiate realtor commissions, but how acceptable is it to increase my buyers agent commission as the buying price decreases (negotiated by the buyers agent with the sellers agent)? I'm hoping to offer more of an incentive to find a cheaper place....because my cost savings on the purchase price could be split with my realtor as more commission in her pocket. I haven't heard this explicitly, so I'd love to hear any thoughts here.

Most Popular Reply

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609
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341
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JR T.
  • Financial services executive
  • Frederick, MD
341
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609
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JR T.
  • Financial services executive
  • Frederick, MD
Replied

It won't work the dollars are just too small. If you think your agent would steer you into a property that doesn't fit your model it's probably time to find an agent who cares about your goals.

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