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Updated almost 7 years ago on . Most recent reply

User Stats

31
Posts
15
Votes
Jeff Smith
  • Investor
  • Spring, TX
15
Votes |
31
Posts

Negotiating Selling Commissions and Fees

Jeff Smith
  • Investor
  • Spring, TX
Posted

I am wrapping up my first house flip this week and I have started speaking with the agent who helped me buy the same house in order to sell it. She sent me her listing agreement and the commission shows the standard 6%. I want to negotiate to get the best commission rate and drop it by 1%. In exchange, there is another property in the same neighborhood that I intend to flip and work with this agent again to sell. 

The other question I have is how to negotiate with title companies and others to drop their fees. What fees are easier targets to try and get waived or reduced?

How would others go about negotiating the commissions or the fees? What are your successes? What negotiations did not work?

Most Popular Reply

User Stats

17,456
Posts
30,144
Votes
Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
30,144
Votes |
17,456
Posts
Russell Brazil
  • Real Estate Agent
  • Washington, D.C.
ModeratorReplied

Just simply ask. Hey I did one transaction with you, this will be the 2nd, i want to buy this other flip over here and do two more...how about a repeat customer discount.

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