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03-12-2007, 03:27 AM #1
Renter
- Join Date
- Jan 2007
- Posts
- 11
Commission drop if hold own open house?
If we are paying 6% realtor fee 3% to the buyer and 3% to the seller and we hold our own open houses in the evening and some of the weekends is there normally a discount for this if the buyer does not have a realtor?
Last edited by lryan361; 03-13-2007 at 05:59 AM.
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04-04-2007, 06:02 AM #2
Fixer Upper
- Join Date
- Apr 2007
- Location
- Bucks and Montgomery, PA
- Posts
- 21
Read your listing contract. If you are in "Exclusive Right to Sell" agreement you will most likely owe your agent the full commission no matter who buys/sells your home.
Rob Gerhart, REALTOR
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04-19-2007, 05:01 PM #3
Unfortunately it is all in the contract. It might be buried. Scan that sucker like nobodies business.
FREE Real Estate Listing. FREE search & contact for buyers. http://www.equitybegone.com
Run comps directly from the listing!
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04-19-2007, 05:09 PM #4
As agent myself, I'm always amazed ( but not surprised ) by these types of post.
Sometimes, I just can't believe it.
Somehow, we should be able to ask the public to check for any complain for a agent through their state's licensees website...
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04-19-2007, 05:41 PM #5
Condominium
- Join Date
- Mar 2007
- Location
- Wilmington NC
- Posts
- 315
I am amazed that you are the ones completing the open houses and not an agent. If the agent is too busy, then they probably have a member of their team to conduct it in their place. Personally I think a neutral party is the best one to conduct it.
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04-19-2007, 07:42 PM #6
I have seen it both ways.. but open houses almost never sell the house. The statistics are mind boggling. Make sure your REALTOR has a good website and lots of advertising. But I am sure he/she does because you picked them... Paying him 3% for all of the work he does is well worth it when you think about it.
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05-09-2007, 02:21 AM #7
Renter
- Join Date
- May 2007
- Posts
- 14



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