Thread: Sale of home
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Old 11-14-2019, 10:25 PM
retiredguy123 retiredguy123 is online now
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Quote:
Originally Posted by Toymeister View Post
No you can't. The listing fee (almost always a percentage of the sale price) is set at the time of the listing. Now, some agents may throw some of their commission into the price but that is not a renegotiation it is also unlikely.
I don't agree. The last house I sold had a 5.5 percent commission in the listing agreement. The agent brought me an offer which was less than the asking price. So, I asked her to reduce the commission to 5 percent. She agreed and modified the listing contract. The deal went through. I considered that to be a renegotiation of the commission because I had no obligation to accept a lower offer than the full listed price.