Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Real Estate
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 02-17-2008, 08:25 PM
 
Location: Surprise, Arizona
88 posts, read 308,601 times
Reputation: 48

Advertisements

Quote:
Originally Posted by mindy410 View Post
I posted early last week if Realtors would bring people to my house because I got a realtor to do it for 4%. Well just to let the sellers out there know. I had 6 showings in one week. More than I had when it was on for 5%. Bottom line it is the price. I lowered it 20,000 im the best priced house in my neighborhood. So if your hemming an hawing over 4% to 5% I would go with the 4%. Mindy
you had the showings because you lowered the price 20k dont you think it would have been smarter to try and pay a realtor the extra 1% you were complaining about bofore lowering the price 20K? sounds like your realtor isn't advising you right.
Reply With Quote Quick reply to this message

 
Old 02-18-2008, 07:54 AM
 
237 posts, read 967,364 times
Reputation: 142
First of all my concern was noone would show at 4% and obviously they are. So thats the point im trying to make. And to the person that said shouldnt I of not lowered it 20,000 and give the extra 1%. No because I believe lowering it 20,000 helped get 9 showings in one week. So bottom line is price matters and not the percentage. Im just telling you from my experience and my friends experience. She had 4% and her neighbor had 6% and hers got more showings and sold faster for the exact house and the exact price range. Mindy
Reply With Quote Quick reply to this message
 
Old 02-18-2008, 10:57 AM
 
Location: Columbia, SC
10,966 posts, read 21,972,507 times
Reputation: 10659
You never answered the question about the splits? How much is being offered to the buyers agent in each scenario?
Reply With Quote Quick reply to this message
 
Old 02-18-2008, 03:51 PM
 
237 posts, read 967,364 times
Reputation: 142
Brandon, buyers agents get 2% and listing agent gets 2%. Mindy
Reply With Quote Quick reply to this message
 
Old 02-18-2008, 06:04 PM
 
Location: Columbia, SC
10,966 posts, read 21,972,507 times
Reputation: 10659
Quote:
Originally Posted by mindy410 View Post
Brandon, buyers agents get 2% and listing agent gets 2%. Mindy
Cool. If it's priced well commission won't be a deterring factor for the buyer. You may or may not have hurt yourself but we'll never know. The biggest thing you did right was drop the price 20 g's.
Reply With Quote Quick reply to this message
 
Old 02-19-2008, 08:04 AM
 
702 posts, read 3,151,407 times
Reputation: 462
We had to sell my wife's mom's house. Instead of lowering the price, we offered $10,000 cash to any buyer. It sold in a month!
Reply With Quote Quick reply to this message
 
Old 02-19-2008, 08:17 AM
 
702 posts, read 3,151,407 times
Reputation: 462
We live in Green Valley, AZ and our house is for sale. We have lived here for 21 years and we have never seen anyone list a house for less than 6%.
Reply With Quote Quick reply to this message
 
Old 02-19-2008, 08:52 AM
 
237 posts, read 967,364 times
Reputation: 142
Hi, I live in MA and alot of realtors list at 4% out here. Mindy
Reply With Quote Quick reply to this message
 
Old 02-19-2008, 09:46 AM
 
Location: Chaos Central
1,122 posts, read 4,107,941 times
Reputation: 902
Quote:
Originally Posted by mindy410 View Post
Hi, I live in MA and alot of realtors list at 4% out here. Mindy
I second this. 4% is not uncommon for MA. I used to get tons of junk mail from realty companies begging me to list my house for 2% (Assist to Sell) to 4%!
Reply With Quote Quick reply to this message
 
Old 02-20-2008, 12:17 AM
 
Location: Gorham, Maine
1,973 posts, read 5,222,076 times
Reputation: 1505
mindy, if your house is priced better than anybody else you will get showings, regardless of the co-broke offered. But if I was representing a buyer who agreed to pay my company more than your company offered, somebody would have to make up that gap and I would look to YOU first. If you refused, my buyer would have a decision to make because now your house is not as attractively priced as it first appeared.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Real Estate
Similar Threads

All times are GMT -6. The time now is 03:50 AM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top