If your property is hot cake, can sell easily, then 1% also got agent willing to handle.
3% commission is a max, if you only offer 2%, they will not give priority to your unit, unless your asking price is lower compared to 80% of others' asking price
Why agent charges you 3%, not only they need to handle many viewing, they also need to find the potential buyers, and promoting your unit, also have a room for negotiation, once the buyer asking price is very close to own asking price, agent can cut their commission to 2% in order to close the deal.
Same to my case, my agent only earn 2% commission after a price negotiation, some more is a co broke with other agent, because she need to close the deal faster instead of next buyer might not from her customer.
If you think few k to let neighbor open the door is cheap, just let your neighbor to handle, after few months still unable to sell , your neighbor will get mad if still many ppl come for viewing.
Myself also view more than 40 units only can find the suitable one, i don't think others can simply make decision unless your asking price is relatively low, then maybe can sell easily.
Last time my unit want to sell, also took more than 1 years, in the begin i offer market price, then reduce to 5% lower than market price, in the end someone offer 15% lower than market price, only can let go. 3% commission easy to earn?
This post has been edited by chainyong: Dec 4 2023, 02:21 PM
No 3%? You sell it yourself., Selling property
Dec 4 2023, 02:16 PM
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