They want to overprice and undercut your commission...

I simply discuss why I have the rate I do, and let them know if they want me to take less commission and list high...I'll only raise the suggested listing price by 1% of what I reccomended if it's that important for them to pay less commission...that and stressing the comps...it's a winning strategy!!

They're not really saving 1% then are they? Because if the prop could sell for 1% more that's money that otherwise would have been in their pocket, not yours.

[quote=navarac][

First of all most agents are charging 5%, not 6%. So you still have to pay a buyers agent 2.5%...[/quote]

You seem to be assuming that there is some sort of implicit rule that the BA fee has to be half of the full listing commission which is not true.

J B

"not really saving 1% then are they?" Wow, talk about making assumptions.

What is wrong with Navarac's post that most listings are at 5% and the listing agent offers 50% to the selling agent? If you are an agent have you looked at your own MLS?

Navarac didn't make any assumptions, just stated a fact. If a buyers agent wants more he will just have to handle it at his end. Don't assume all BA's only work at 3% or assume they are entitled to that percent. As a matter of fact I noticed too many BA's rebating to the buyers so the 2.5% seems OK to me to give a buyers agent in many cases, the BA and the buyer will just get a smaller amount and why should the seller rebate to the buyer? As you say that money should be in the seller's pocket.

Maybe you can change the law in Texas and use the New Zealand system, if it is still that way. There is a national contract, the listing agent gets zip, the only fee is the one the selling agent gets, and a seller is required to list with an agent even if they are a broker (they can't list their own property). Of course, maybe you feel the selling agent shouldn't get a fee either because that money could be in the sellers pocket.