Quote:
Originally Posted by retiredguy123
I hasn't been that way when I have signed a listing contract. I have always used option C.
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correct, it hasn't been that way because now the FTC rules have changed. .
You can pay 0 to the buyers agent, your choice, the result may be that you are limiting your pool of buyers to a much smaller subset, which means your buyer pool is
Either is
not using a buyer's agent, so could care less about buyer's commission
or
Is using a buyer's agent AND can pay for the buyer's commission in addition to the house sale.
You will be excluding buyers with agents who can't afford to pay the buyer's agent separately.
Of course you can do whatever you want, you just might have consequences you don't want, such as waiting much longer for a buyer who meets your qualifications. .
Other questions are,
will the buyer put into the offer letter that the seller must pay the buyer's agent or the offer is null and void?
If so, then you may have a lot of failed bids when one tries to sell.
Will you the buyer accept a higher offer with the excess over listing returned to the seller as the buyer's commission at closing?
Will the bank accept that higher price and those terms for financing by the buyer?
again, the market will be sh!t show until everyone figures out a standardized way of managing a real estate transaction, including banks and buyers. . Its a change, humans resist change or make a mess of it, one way or another