Talk of The Villages Florida - View Single Post - 'the villages' real estate commissions reduced.............
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Old 11-09-2020, 04:27 PM
vintageogauge vintageogauge is offline
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Quote:
Originally Posted by retiredguy123 View Post
I understand your opinion. But, I would just point out that the listing contract is prepared by the broker, not by the seller. Their contract says the seller agrees to pay a specified commission on a full price offer. So, the seller has not agreed to pay a full commission on a reduced price offer unless it is stated otherwise. If that is what they expect, then they should rewrite the contract. I can assure you that, if you fail to adhere to any part of the listing contract, they will enforce it against you.
You're still taking income away from the agent that is actually doing all the work. I would not accept a lower commission and if you chose to not accept the offer with full commission I would walk away from you and take my client to another home, there are plenty of them for sale.