Quote:
Originally Posted by retiredguy123
If we agree on a fair commission, I expect the listing broker to negotiate on my behalf and to get the best, reasonable price regardless of the commission. So no, I would not accept a lower price if the listing agent lowers the commission. The market value and sales price of the house should not be dependent on the commission.
I have no problem if an agent wants to be to a buyers agent and to represent buyers, but don't expect the seller to pay your fee. You can't have your cake and eat it. The commission agreed to in the listing contract is paid by the seller to the listing broker for their representation. I don't agree that the sales price is negatively affected by the seller refusing to pay money to a buyers agent.
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I'd still argue this is all semantics. The budget is the budget and the value/sale price will take into consideration everyone that needs to get paid. If you agree to say a 5% commission to your seller agent, what do you care if she gives half of that to a buyer's agent? She does that to get you well qualified buyers. You get the same money no matter how the agents get paid. Plus you may get a better offer with more buyers competing.