Reduced realtor commission when selling a house

[Steve R.]

Just want to get opinion in regards to realtor commission when selling a property. As you all know, Austin RE market is red hot now. I have been doing most of the groundwork on working out what the fair market value of my property would be in this current market. I have a seller realtor who accepts 1/ 1.5% as commission for listing the property. 

so when listing the property can I mention that I will pay buyer realtor commission of max 1.5% ? Is that going to hamper my chances of selling the property. In the current market I see that there is enough demand for my property to get the buyers at the appropriate price point. So should this matter?

i plan to cut down the total realtor (buyer + seller) commission to be around 3%.

please let me know your thoughts.

Thanks,

Steve