Opinions on Discount-Commission Real Estate Agents

[Kenneth Burdick]

Hello BP community,

Hope you all are doing well and staying safe.

I guess I actually have two questions:

1) If you were going to either sell a home now or in three years,...would you do it now? I've heard several predict that a softening is coming.

2) What are your opinion of discount-commission real estate agents? In my area, I see more and more realtors advertising 1.5% commission. And I know there are services that operate on a flat commission fee. I'm not sure if these types of realtors end up saving you money in a hot market like this where houses seem to "sell themselves" or if their limited services actually end up costing you in the form of lower sale price.

Let me know what you think! Thanks!

[Russell Brazil]

There is a saying, you get what you pay for.....and many agents will quote that to you. Im here to tell you, that saying is frankly not true, and thats kind of a problem.  Really good agents, will not typically discount their rates. But here is the problem....tons of the crappy agents charge the same exact price.  So dont choose an agent based purely on whether they are full service or discount.  There is probably good agents that fall into both camps, but there is even more crappy agents that fall into both camps.