I was speaking to Real Estate Business earlier this month on this topic.
I said there will always be those agents that cut rates to secure business, but what is surprising is how low they are prepared to go.
I can't help but wonder how they approach the negotiating of a sale on behalf of the Vendor.
1 comment:
Yeah I wish I'd have thought of that when we sold our home.
I thought it was great when we managed to get our agent into dropping his fee to almost half of what he originally quoted.
Then when the offers started coming in for less than what we were asking, it turned out that he was just as bad at negotiating with potential buyers as he was with us when trying to negotiate the commission fee.
I think it cost us much more in the long run than the amount of commission that we saved.
Lessson learned.
Rachael & Tom - Norwood
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