Taylor - MLS does not sell a home. A bonus or increased commission doesn't eithier. Most realtors look out for the best interest of their client. Trying to shove a property down the throat of a buyer will quickly lose a sale for an agent. Experienced agents know that. Hire a real agent explain your situation. I have taken at note (loan) for part of my commission before if the client is strapped for cash.

I agree. I don't think the 4 percent to the buyers agent helps that much. I would say having a flat fee agent could hurt you. They rarely return phone calls. And personally if I have a client in town for a day or two if the agent isnt answering my questions Im not going to go to the trouble of showing the house.

Is the list price of the house priced accordingly to similiar properties in the neighborhood? If it is overpriced it is not going to sell regardless of what buyers agent commission you offer. I will let you in on a secret just because you have your house priced at your break even point does not make it worth that amount.
If you are currently offering 3% lower your asking price instead of increasing the agent commission. MLS will not sell you home if it is over priced for the area and current market conditions.

Flat fee companies that take an upfront fee tell you what they want to hear to get the money,once they have the money alot of them do nothing.You could take the flyers around yourself and hand them out to the offices about your 4% which may or may not help.

The bigger downside is even with the 4 percent offered to the buyers agent you have a big drawback.The flat fee company is the listing agent.In my experience getting ahold of these people is slim to none(I am not saying there aren't good ones out there but in general this is what happens).

What usually occurs is the flat fee company is too busy trying to get more listings to make there flat fee upfront and then selling buyers off of calls they got originally off of YOUR HOUSE.The buyers agent knows if they can't get the listing agent to put in an offer they will have to do paperwork for there buyer as well as the seller and most agents would move on to the next property(they don't won't the hassle of it plus it forces the buyers agent into a possible dual agency which isn't right)


I disagree with the fact that the higher co-op doesn't matter and most agents/brokers will show what is best for there clients.

In my neck of the woods here are the stats.We have one of the highest churn rates for new agents in almost any industry.Out of all the new liscensees liscensed every year about 86 percent are gone by the end of the year.Most of the experieinced agents are listers,there are a few full time buyers agents but most of the long timers are listers.When agents first get there liscense getting listings is really hard because the homeowners don't like that they don't have experience or a proven track record.


That leaves a ton of new agents every year working with BUYERS.Most are starving for a paycheck and will do anything to make a buck.If there are 10 houses to show in a subdivision and they can only show 4,don't tell me they don't look at the higher co-op in advertising or the mls because that is baloney.

Most agents make about according to Nar about 16k to 21k a year right above the poverty level.We can pull stats that says the average realtor makes 40k blah,blah,blah but that is when the average the people making hundreds of thousands a year.Take those out and you have a real number that's not skewed.


I tend to stay away from offering bonuses in my listings.Brokers/agents like guarantees instead of conditions that come with bonuses,this is why I like the higher co-op because they know if they work hard and bring the buyers they will make more money guaranteed.

The home must be price according to the market first, then offer a higher commision to the agents.

Chances are your current Realtor just listed your home, took your money and really does care whether it sells or not. In my area, flat fee MLS listings expire all the time. Sellers waste so much time and money thinking they are saving thousands of dollars when in reality they losing tens of thousands. Penny wise, pound foolish - if you ask me.

Yea I think so