Answers (15)
- psihiart
- Contributions:11
To VISH3 : Please , don't listen to agents. They just sick of hearing about rebates. The best way to do it is to find independent agent who will give you rebate from their comissions. I just signed contract with realtor for flat fee of 2500 for submitting offers and showing houses in some cases.and even some more services I did not asked for. With your price range it's gonna pay for closing and some. In this case seller doesn't have to know about your agreement, In many cases 5% comission is already in contract with selling agency, so it's the only way to get your money. And it's "your" money, since seller paying it from money he got from you.
- Vince Curtis, "SoCal Appraiser"
- Contributions:5454
Year old post - but Ill throw in my two cents.
As an independent broker, I give rebates - but only to my in-laws....
If you DO want to ask for a rebate, I would deal with an independent BROKER and not an agent who works at a large firm - who usually has already has their commission split there anyway.
Independent brokers MAY want to wortk with you on this but I would definietly agree in writing to what BOTH parties are willing to do and not do.
If you as the buyer are willing to do a lot of the leg work, a rebate on the commission may be warranted.. . . ..
As an independent broker, I give rebates - but only to my in-laws....
If you DO want to ask for a rebate, I would deal with an independent BROKER and not an agent who works at a large firm - who usually has already has their commission split there anyway.
Independent brokers MAY want to wortk with you on this but I would definietly agree in writing to what BOTH parties are willing to do and not do.
If you as the buyer are willing to do a lot of the leg work, a rebate on the commission may be warranted.. . . ..
- Mack McCoy, "Mack McCoy"
- Contributions:2100
Redfin doesn't give you half back in Ellicott City, more like 1/3rd.
- Thomas Rodgers, "Tom20682"
- Contributions:1
This is an illegal practice and nothing more.Ask your lender what they think of you receiving money from a buyer agent outside of settlement that does not appear on the HUD-1.
- christine dang, "user695268"
- Contributions:11
you can search for a real estate agent that would give you back a commission rebate as much as 50% on www.hmmmm.com
- sunnyview
- Contributions:26843
Some good real estate agents do provide commission rebates or a reduced commission. Paying a high commission is not a guarantee of top service so it is wise to negotiate.
- Vitaly Petrov, "Vitaly Petrov"
- Contributions:33
Good real estate agent can save you money & time.
- Archibald Cruishank, "ABMinDC"
- Contributions:19
Looks to me like Piero is the only on to take you seriously; and if I were buyying thats what I'd want; an agent that takes me seriously rather than defelcting my question with a self-centered defense.
- Jacek Glowacki, "jacekadafi"
- Contributions:40
Get the real estate license and you will get all the buyer's agent commision fee for yourself
- Joshua Stein, "JSteinHomes"
- Contributions:143
So what do you do if there is no open house? Better yet, do you offer rebates on the services you provide to your emplyer? After all, I'm sure they could do some of the work you do themselves, right? How about your co-workers? Do you pay them extra to shoulder the load of your work too whenever you are out sick or on vacation? Do you refuse to tip at a restaurant because you could, technically, get up and get the food yourself?
There is a whole lot more to a real estate transaction than just filling in blanks in a contract and unlocking a door for someone.
There is a whole lot more to a real estate transaction than just filling in blanks in a contract and unlocking a door for someone.
- George Belleville, "George Belleville"
- Contributions:240
My first question would be, is your goal to save commission money or to find a great house at a great price. They are not the same thing, and what you focus on is what you get. The commission is usually paid by the seller, so if you get the right house at a price that you are happy with, that would spell success, regardless of what the commission is.
That said, there are many ways an agent can find you a house that is not on the market. We have had success finding homes that are not, and have not been on the market, but with willing and motivated sellers.
If you would like to hear how we do that, just let me know, and have a great day!
That said, there are many ways an agent can find you a house that is not on the market. We have had success finding homes that are not, and have not been on the market, but with willing and motivated sellers.
If you would like to hear how we do that, just let me know, and have a great day!
- Caveat Emptor
- Contributions:501
a properly endorsed attorney can collect the commission, bill you for the hour's worth of work and gives out free bottled water. he would then be required by law to return the portion that remains after his fees are paid 0.o
~.3% ^_)^
BTW, how do you like clarksville? Thinking of moving out there(Baltimore area), don't really know what to expect.
~.3% ^_)^
BTW, how do you like clarksville? Thinking of moving out there(Baltimore area), don't really know what to expect.
- James Y. Kuang, "JamesKuang"
- Contributions:73
Giving you a rebate on our commission compromises our profession. I don't believe in that and would not work with a client who wants a piece of the agency representation fee regardless of how knowledgeable the client believe they are.
I wouldn't ask my auto mechanic to give me a discount just because I know how to change the oil myself.
If they feel like you are entitled to some commission, I recommend them to get a real estate license of their own. The commission is entitled to the agent and for them to offer you a portion of their earnings is a sign of how desperate they are for a client.
I wouldn't ask my auto mechanic to give me a discount just because I know how to change the oil myself.
If they feel like you are entitled to some commission, I recommend them to get a real estate license of their own. The commission is entitled to the agent and for them to offer you a portion of their earnings is a sign of how desperate they are for a client.
- Piero Marinucci, "SilverSpringHomes"
- Contributions:57
Vish, give me a call or send me an email. I'd be happy to talk to you about a commission rebate arrangement.
Piero
Piero
- Craig Fialkowski GRI ,CDPE, "craigfial"
- Contributions:878
25% rebate would be reasonable. The agent actually does a lot more work than you think and can save you thousands.
Realtors giving cash back
Unfortunately some of the selling Realtors only give the buyers agent the commission. If I don't use the buyers agent they eat the commission themselves.
So my primary goal for a Realtor is writing a contract and occasionally showing homes.
So what kind of a cash back I would get in that scenario. I know that redfin gives me 1/2 of the buyers commission (my price range is 580k to 680k) and they also show a lot of homes.
There are others who take 1% and give the rest to me.
I want to know if there are realtors out there in this board who goes to that level or beyond considering my situation.
Thanks
Stating a discriminatory preference in an advertisement for housing is illegal. If you think this content is discriminatory or otherwise inappropriate and feel it should be removed from Zillow, please let us know by completing the information above.
We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.