Re: Real Estate Commission question
Bigtoe and Malok pretty much nailed it. It's YOUR money. If you don't want it, feel free to give it to him. The fact that you lower it for him indicates that you also agree that you aren't worth what you're asking.
My listing fee is 6% ... period (5% if you sell then buy with me). I'm one of the best agents in my marketplace. My advice and consultation is the best that can be bought. If they want a "cheap" Realtor, they're welcome to help themselves. I'll even provide them a recommendation. However, if they want the BEST they need to work with me.
Most people who want the "cheap" agents end up spending MORE money than they would had they worked with me. This is due to bad pricing, hidden fees, extra time on the market, bad advice, etc. However, people who have their mind set on "cheap" are usually to thick in the head to understand those more complex issues so I just let them go instead of trying to convert them.
You don't want, nor can you have, all the customers and you need to be comfortable with losing customers who don't fit with your business model.
“Never try to teach a pig to sing; it wastes your time and it annoys the pig.” Robert Heinlein
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