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Thanks so much Bill.I agree 100% on what you have said. Thats why i think she was pushing the $285 offer,he came to her, the other had a realtor on the $310 bid.
Shoot, give someone money up front and a lot of time it's money thrown away. I'd love that as an agent, getting money up front, but the commission structure motivates me sell the properties, not just list them. If I could get a 1k guaranteed up front I'd list a whole bunch of homes, and would do it for whatever price and terms the seller wanted.
Yes, I think guaranteed money is a bad move for sellers.
Shoot, give someone money up front and a lot of time it's money thrown away. I'd love that as an agent, getting money up front, but the commission structure motivates me sell the properties, not just list them. If I could get a 1k guaranteed up front I'd list a whole bunch of homes, and would do it for whatever price and terms the seller wanted.
Yes, I think guaranteed money is a bad move for sellers.
I agree Brandon. A friend of mine, whose fee was 6% had a seller want to hire her but on the condition that she cut her fee to 5%. This was a $300k home. She said she gave him the option of 6% or 5% with $1k up front, non-returnable if the home didn't sell, and credited toward the commission if the house sold.
I would have the other agent that you might list with write up her maketing plan
and have you and her sign it . So you know what you are getting into such as how many open houses she will have,where she will ads at to market your home.
I had an agent call me from fl last week because I sent her 4 listings.
she said see starting to see activity where she is in FL.
I live in an area where it is not unheard of to get an offer of $100.00 on a $3MM home and this sort of thing began in 2005. Different cultures approach everything as negotiable.
An offer is nothing more than asking for a dance. Where it begins means nothing. All that matters is where you end up.
Sellers really need to understand this and not be offended. The focus has to be on the end result, not the journey.
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