Realtors giving cash back

Profile picture for vish3
I want a Realtor who can assist me in my home buying needs. I am looking for a specific area (specific part of columbia, clarksville, ellicott city area) and I do all the research myself. There is not really a whole lot of homes that come on the market in the area that I am looking and in the price range that I would like to get. Most of the homes that do come in the market gets seen by me in open houses.
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
 
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February 13 - Clarksville
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Answers (8)

Profile picture for ABMinDC

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.

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February 18
Profile picture for jacekadafi
Get the real estate license and you will get all the buyer's agent commision fee for yourself
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February 18
Profile picture for JSteinHomes
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.   
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February 16
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!
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February 16
Profile picture for Caveat Emptor
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.
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February 14
Profile picture for jkuang626
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.  
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February 14
Profile picture for CallPiero
Vish, give me a call or send me an email. I'd be happy to talk to you about a commission rebate arrangement.

Piero
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February 13
25% rebate would be reasonable. The agent actually does a lot more work than you think and can save you thousands.
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February 13
 

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