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Agent question

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Lauren82
LIF Adult

Member since 10/06

4580 total posts

Name:
L

Agent question

Our realtor is only receiving 2% commission on our sale, which honestly doesn't equal out to be a ton considering we are buying a house for very cheap! Has anyone done anything extra for their agent? I feel like mine has gone above and beyond so far and we aren't even closed yet! He really handles everything for us. Thanks!

Posted 8/31/11 1:56 PM
 
Prudential Douglas Elliman Real Estate
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JandJ1224

Member since 6/06

5911 total posts

Name:
Jannette

Re: Agent question

Unless your agent is the broker he is probably getting less because he has to split that fee with his broker/co. The best gift is a referral! Chat Icon

Posted 8/31/11 2:43 PM
 

Christine Braun - Signature Premier Properties
LIFamilies Business

Member since 2/11

3992 total posts

Name:

Re: Agent question

That's so nice of you to think of your agent!

Agents know that when they work with the buyer, the standard fee is 2%, which, as the previous poster said, is not given entirely to the agent. If your agent is affiliated with a brokerage, he or she gives a portion of that fee to the broker, pays franchise fees, etc. But again, agents know what they are working for at the outset.

I also agree that a referral - - just generally spreading the word about a good agent who worked hard for you -- is the best way to say "thanks." One of the biggest challenges for agents today is building a steady flow of customers who are ready to buy/sell, so giving somebody business is a great way to recognize your agents' efforts. Your agent will be appreciative.

Posted 8/31/11 2:58 PM
 
 

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