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Andrew White wrote:
Once your house is in the MLS, your maximum exposure is going to be 3%. Of course, you can specify in your MLS listing that you will pay 2% or 1% or even 0% buyer's agent commission, but then no realtor will show your house to their client! 2% buyer's agent commissions are quite common, and there are plenty of agents that are quite happy with their 50% cut of the 1%. On a 1,000,000 house this is still $10,000. Some brokers forbid their agents from showing houses that don't have the "full" commission, the legality of which is questionable. |