Now people know that the commission is negotiable, but first time sellers or inexperienced people were not aware that the fee was negotiable. The agent is not publicizing that his fee is negotiable. The agent may know but the seller most times is not aware.
To be clear, agents are not required to negotiate their fees. They have the right to set what ever fees they want, just as any business owner has this right. The consumer can decide if they think that those feels are worth paying for. The key is that different agents have different rates (this has always been true) and also the seller has the right to offer a buyers agent nothing or any number they wish. It is the job of the listing agent to help the seller understand the risks involved in how the chose to use this tool.
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This is the best and most digestible way I’ve heard this topic explained. Thank you!!!
This delivers a lot of useful insights!
Super informative! You are a natural at this! Thanks so much for caring about informing potential buyers!
Thank you for the kind words and encouragement!
@@livinginsanfranciscoca You are so welcome!!
Thank you for creating this video this is massively helpful!
Thanks for a lot of good information on a complicated subject. I'm always impressed with your knowledge in so many aspects of real estate.
Thank you! I’m glad it was helpful! Thanks for watching!
TRUTH!!! ❤
Great Job!!!
Love this!
Now people know that the commission is negotiable, but first time sellers or inexperienced people were not aware that the fee was negotiable. The agent is not publicizing that his fee is negotiable. The agent may know but the seller most times is not aware.
To be clear, agents are not required to negotiate their fees. They have the right to set what ever fees they want, just as any business owner has this right. The consumer can decide if they think that those feels are worth paying for. The key is that different agents have different rates (this has always been true) and also the seller has the right to offer a buyers agent nothing or any number they wish. It is the job of the listing agent to help the seller understand the risks involved in how the chose to use this tool.