has any one say to client will take listing at
6% and give 1% back at close of escrow towards new purchase or is it better to just take a 5% listing because its easier . ??

I really can't say what I would do - I prefer not to talk about my commissions - hope you understand.

However, if I were you and I had those two choices, I would probably feel that my clients will probably be asking what the difference is between 6% with 1% back or 5% too. 6% is bigger than 5%. Big numbers tend to turn off clients (at least when you're talking about $$ that isn't going into their pockets). They're not going to remember the 1% back so much as they will remember you're asking 6%. Just my opinion tho.

How about I will list your home at 8% because other agents will have more incentive to sell it at the higher commision. It will also allow me a higher possible return so I am willing to invest more marketing money in the sale of your home. That will allow a quicker sale at a HIGHER PRICE.

that must of been from LCM matt jones??

Better yet, Lets do 15% then we'll get WAY more money when the offer comes in, I can put your home on the cover of a couple local magazines etc etc... That will make buyers pay more for your home. HOW STUPID DO YOU THINK PEOPLE ARE!!!

joke...

Looks like its time to take your meds, bud.

Rick I am sorry if I offended you. How about this senario. You don't need a full service broker. Lets put your house on the market and you pay me 300.00. We know that you need as much as possible out of the house so we will list it for more than any of your neighbors even though it needs freshening up. To save you even more we are going to offer a below market commision-- that will save you even more. Just think of all the money that I have helped you save! Oh when do I think you will sell? Lets see Market absorbtion rate is around 160 days, factor in above market price, Mls only advertising, low commision to buyers agent. We should have you in your new home in August 2009 so don't start to collect boxes yet.

$300!! That is way too expensive, you crook! I will list for $19.99 + $8.00 co-op... And you better sell it by next Thursday!

To answer the original question- I think it is a matter of choice. 5% may be a simpler method, but depending on your area, it may be a better idea to do the rebate.

Another way that would protect you better would be 6% listing and a 1% rebate at COE on the new property. You will rebate more but that way you are covered on the purchase.

Definitely some sellers are sneaky and crooks,if you offer a rebate like mentioned above ONLY give the rebate back once the old home closes and the new one closes,

The reason is some not so nice sellers you will give rebaye back before they buy there new home then they will use another agent giving a discount for the purchase.

I decided long ago people that want to do business with me based on price that i don't want them.Let's instead talk about VALUE and what i bring to the table in negotiating the best terms and price.

I know some agents that list investor properties for 1 percent on there side for the volume,i wouldn't do it.

I give back 1% of listing if I bring the buyers. This has worked very well for me in closing.
Another thought is to give back $1000 if not sold/under contract in 60 days.
There are lots of twists on this theme what is your idea?

The reason that you would rebate 1% instead of listing for 5% would be:
If your client ends up not buying through you, you still get your full 6%. The rebate is because they sell AND buy through you. If they sell for 5%, then turn around and rent for 2 years, do a lease option, buy a FSBO... you gave them the incentive for nothing.

BTW- In this case the 1% would be rebated upon the closing on the home purchased.