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Updated almost 5 years ago,
Real estate commission on one agent (buyer) sale of property
I'm in Michigan. Selling my home. My previous listing agent contract expired in November. No signage and not listed with anyone. The same agent brought a buyer. Wants me to pay 4% and broker's commission. They are getting the house for a good (fair) price based on comps and this is considering a Michigan winter market. I feel the 4% is generous and do not see any reason to give anything more in the way of commissions. Is this correct and if not, why? Why should I give her 6% or anything more than the 4% I'm willing to contract. Thank you for any comments I may get! I am willing to let this deal go because I am getting ready to put it up FSBO in a couple of weeks.