Buyers agent fee of 3%

[John Collins]

I am using one of those 1% listing services for a $215k condominium (pricing it very low to sell, great condition, just want liquidity) and am wondering do I really need to give the buyers agent 3% at this competitive of a price on a straight forward condominium? How much would it hurt me to offer 2% in the contract? It's still an easy sell. 

[Jason D.]

@John Collins what has trying to get at is that if you're at 2%, and all the other are 3%, you'll be the last one for the realtor to recommend, because they will have to do the same work for less money.

It very well could cost you a sale, but will definitely make your condo sit longer than it normally would.