If you were the agents - would you be willing to give a little for a good deal?
March 3, 2017 1:14pm CST
We have one more property on the market. It's a decent size, 12 1/3 acres in the country....very private. We have had a few offers, but none worth it until today, maybe. The other agent is making the deal for a 'relative' and made us an offer which we countered, splitting the difference from asking price and what the offer was. Meaning, we met them in the middle. Well, she doesn't think the relative will go that high and wants us to drop our price another thousand dollars. I told our agent (who owns the agency by the way so he can do as he likes) that if he and the other agent are willing to drop the commission by 1 percent then we would take their offer. He said he will pose it to the other agent...we are not talking a lot of money - if the two agents each cut their commission by 1/2 percent they would get a little more than $300 less. We will lose money on the sale no matter what since we overpaid for it when we bought it due to the fact we used the seller's agent instead of getting our own - our fault for sure. But since we are going in the hole for several thousands of dollars even at our counter offer, if they can't give up a few hundred then no deal. Oh - the 'relative' the agent is working for is her x-husband so she is trying to get him a good deal and on top of that she'll make a commission. What would you do - would you give up a few hundred to make the deal if you were the two agents involved? Photo is mine.
12 people like this
• United States
The last property he sold for us he told the other agent the wrong commission so he wound up giving the other guy 2 percent of his so that they could get the deal done. We've had some idiots over the years. We've bought and sold 5 homes since 2001 - bought several properties and sold all but this one...different agents, some nice so words I can't use here.
@AbbyGreenhill I hear you. The first home we purchased in 1975... We dealt with an unscrupulous real estate agent. She fed us so much BS. Too bad we were naive and believed her. It was a long time before I would listen to another realtor. We have a really good one now.
• United States
@CoralLevang Years ago, like maybe 12 or so it was all pines - acres and acres owned by a local paper mill. Once they were down with some they sold it off and some local dude bought like 70 or more acres and subdivided. Our 12 were all cleared except for a few in front by the road and some along both side. It is loaded with deer and turkey.
O don't think so if I really lost on buying it first I would rather to deal right on the second time. If you can wait maybe you can find a new agent for that. People who live in our area and selling houses they have different agents and go with the rightful amount for everyone.