Sally's Key West

I Don't Get This

I got this via email yesterday from a fellow REALTOR®:

6.5% Commission to the Buyer's agent.
Bring all offers.

MLS #000000
Listed at $550,000.
HAPPY NEW YEAR ALL.

Thanks,
K-west Agent

The commission was 3% before yesterday. This is a "bonus" offering to entice the real estate agent. In the MLS these days, there are $10,000 bonuses offered to the agent if they will just bring a buyer to the closing table. These come-ons always set me off. I guess the reasoning is that:

a) I have buyers
b) who are NOT buying until
c) I give the High Sign. And
d) I am NOT giving the High Sign until
e) I get offered enough commission?

Excuse me, but if I HAD a buyer who wanted to buy that listing, I would be writing up an offer so fast it would make your head spin and for whatever commission you offered.

In fact, if I'm working for a buyer as a Buyer Agent, I HAVE to show that buyer the listing no matter what the commission is.

What real estate school did K-west attend? And how did he convince his seller this would work?

Sellers: overpriced listings aren't selling. I'm not standing around yawning with my arms folded across my chest waiting for you to offer a higher commission or fat bonus before I bring a buyer. My buyers are waiting for value. LOWER YOUR PRICE. Paying me more money won't make the deal because I can't talk buyers into paying too much for a house. And, let's face it, if your house was priced right, IT WOULD SELL.

Sometimes, I feel like I'm living on the other side of a glass wall and nobody can hear me hollering. It's why I stopped hollering. Just makes me hoarse.

Selling Key West real estate?

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