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Can I negotiate the commission rate?

Can I negotiate the commission rate for my agent? I don't want to be rude or offend them. I also don't want them agree to a lower rate and then not help me to get the best price. What do you recommend? Thanks!!
Asked By Hannah O'neil | Madison, WI | 432 views | Buying | 2 years ago
Answer(3)
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Pro
123 Answers
Chris Yochum

Dickson Realty

(23)

Hello Ha, looks like you are asking as a buyer and wanting see if the agent will reduce their commission. If so, you will want to find out how the agent is getting compensated. Personally when representing a buyer I very rarely get compensated by the buyer at all. In general, the buyers agent will get a commission offered out by the sellers Broker. In this case, generally it is not standard practice to negotiate the commission if you are not the one paying it. If the buyers agent has an agreement with you on compensation then you can certainly ask if they would work with you on lowering their fee. Some are willing to do so, though others are not. Either way, in that case you can ask and unlikely going to be taken as rude.
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Semi-Pro
42 Answers
Brian DiMaggio

Atlanta Communities

(24)

Yes, but typically you may be different levels of service for varying commission rates. An agent should work for their commission so find out what they are doing for you.

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Novice
2 Answers
Zack Harrington

WNY Metro Roberts Realty

(7)

You absolutely can. I would ask what difference in value they would bring at the two different rates(marketing costs/strategies, professional photo options etc)

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