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Old 03-28-2009, 09:30 AM
 
1 posts, read 1,478 times
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I have a house in Lincoln Park and am considering options for selling it. At my price point 6% seems too much. While, due to that opinion we may use a flat fee "for sale by owner", I am really interested if there are other realtor options with capped or flat fees, or ones the that scale down the percentage as the purchase price rises. Does this exist in Chicago? (I know it does elsewhere)
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Old 03-28-2009, 01:14 PM
 
527 posts, read 1,168,529 times
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price point?
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Old 03-28-2009, 06:40 PM
 
Location: Chicago
959 posts, read 1,410,221 times
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Are you also buying another place? if so you can use the same agent and work out a deal as they'll be making money from both transactions.

I also highly doubt they'd scale down the percentage as the asking price goes up...it probably takes more work from the agent to get higher-price real estate sold. Especially when credit's tight and the pool of buyers is extremely limited.
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Old 03-28-2009, 07:05 PM
 
Location: West Lawn
161 posts, read 361,226 times
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hahahaaha hahaahaha hahaahahah hahaahha hahahahah hahahaaha hahaahaha hahahahaha hahahaahaha ahahaahah haahahaha!!!!!!
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Old 04-01-2009, 12:55 PM
 
1 posts, read 1,392 times
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Every agent can charge what they want to their client. You obviously can negotiate terms that are acceptable to you. It seems to me though that your main concern is what you are going to actually walk away with from this transaction (assuming you hire someone that can actually sell it). I am an agent in Chicago and work in Lincoln Park (full disclosure). Feel free to contact me, I'd be happy to answer your questions.
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