Originally Posted by jaypp
No, is not on MLS becasue the agent only charge 2 percent. But it is advertise in a few local home seller weeklys and local newspaper and the Agent store front. Most agents charge 4 to 5 percent and I thought we might save a little. I would say Yes there is around 6 to 10 showing during this 4 months.
thanks for the reply
How about listing your house at market value and listing at 5-6%?
Basically, what I'm gathering is that the only way the agent is going to find a buyer is if he double ends it because no buyer's agent is going to bring any of their clients to a home that they're not going to split any commissions with.
You're really putting yourself behind the 8-ball.
It's tough to sell in this market anyway - why make it that much harder?
Go find an agent that makes 5-6%. He'll put it in the MLS, hold Open Houses, and now, since the commission split will say 2.5% or 3%, you're going to have many other agents in your area showing it to their buyers.
Better yet, you really want people to sell this house? Offer a small bonus to the buyer's agent that sells it by x date.
Sometimes I walk into homes with my client and see a million business cards on the kitchen counter. I think, Welp, this one must have a buyer's bonus. Usually, it does. Agents willl come out of the wood work trying to show those.
If you want your home sold fast and for the most money, get creative. What's that $1,500 buyer's bonus to you if it helps sell the house a month earlier and over asking price? Same with the commissions.