Quote:
Originally Posted by getdul981
Isn't the commission the same whether it's sold by the listing agent or split between two or three? BTW, we've thought of offering a $1000 bonus to the selling agent. What do you think?
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The $1,000 bonus is a good idea. You need to be able to somehow let all the agents know about it. Your listing agent isn't going to tell them. They probably won't put it in the ad unless you insist.
Try some form of $1,000 to the selling agent and $500 bonus to the listing agent if there is a contract in the next 30 days. If there is a brokers open house, be sure you let them all know about the bonus at that time.
If you are having a brokers open house, they wisk those agents through like a herd of buffalo. Have fresh coffee and pastry/donuts (Panera goodies) for them, so they stop for a while and mill around. If there has not been a brokers open house, insist on one.
Always ask your listing agent for a weekly report on how and where the house was advertised.
You may also want to consider using that $1,000, rather than a bonus, buy an advertising schedule on the local radio station about this wonderful house for sale. Or, a couple of $500 ads in the newspaper. Remember, your agent will dump your house in with all the others in their advertising.
Has your agent talked to you about "Staging" your house? It really works. Prospective buyers are distracted by "YOUR STUFF." They want to be able to picture "THEIR STUFF" in your house. We once looked at a house that we could have been happy with, but the owners had so much of their stuff on the walls that we felt like we would have been invading their privacy to buy it. We couldn't see past "THEIR STUFF."
JLK