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Some agents might offer some small discount, but the fact is that the commission rate is a contractual agreement between the seller and the broker. The buyer has no part of that contract and has no right to interfere with that contract.
You have to wonder if the 3% discount as you try to get is getting you in the end what you thought you would get as nobody is looking out for your best interest so you better be experienced or you may end up with a discount and a bad deal.
Spoken like a true realtor who only adds mythical value and is afraid that their commission will soon be arbitraged away once the emotional tactics fade.
Quote:
Originally Posted by bentlebee
You have to wonder if the 3% discount as you try to get is getting you in the end what you thought you would get as nobody is looking out for your best interest so you better be experienced or you may end up with a discount and a bad deal.
I would expect the rebate after my offer. If I am offering 220k then I would expect a 6.6k rebate. If the asking price is 220k and I offer 190, i would expect a 5.7k rebate.
Quote:
Originally Posted by MikeJaquish
Sure. Get the rebate.
So, I have a $220,000 land listing that my seller wants to net $185,000 on.
For $214,000, you get a deal and I will fix you up with a 6% rebate.
I would expect the rebate after my offer. If I am offering 220k then I would expect a 6.6k rebate. If the asking price is 220k and I offer 190, i would expect a 5.7k rebate.
Let us know how it works out for you.
Already, I offered you a $12,840 rebate, and you negotiated it down to as low as $5700.
Polish up the negotiation skills, for starters.
For starters, quit being a sleazy, unethical agent and transparently present your clients the offers. Aren't you supposed to operate with the sellers interest at heart? You're trying to massage the numbers outside of the sellers view. Sure they get their minimum or desired, but its not the maximum for the property.
Quote:
Originally Posted by MikeJaquish
Let us know how it works out for you.
Already, I offered you a $12,840 rebate, and you negotiated it down to as low as $5700.
Polish up the negotiation skills, for starters.
For starters, quit being a sleazy, unethical agent and transparently present your clients the offers. Aren't you supposed to operate with the buyers interest at heart? You're trying to massage the numbers outside of the sellers view. Sure they get their minimum or desired, but its not the maximum for the property.
Where did you get that idea? Seller's agents don't look out for Buyer's interests.
As to your rebate question, go ahead and ask for a rebate. They are under no obligation to entertain your request...but it never hurts to ask.
For starters, quit being a sleazy, unethical agent and transparently present your clients the offers. Aren't you supposed to operate with the buyers interest at heart? You're trying to massage the numbers outside of the sellers view. Sure they get their minimum or desired, but its not the maximum for the property.
You would not be my client in your scenario.
You are clearly confused about the nature and meaning of agency relationships. "Selling agent" represents the buyer, and you are saying you would not be represented.
Your misunderstandings make you ripe for plucking by the really nasty people out there.
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