Say you have a neighbor on either side of you for sale & your property in the middle is available if the price was right but you're not in a hurry to sell or list it.
Those realtors ask if you'd be willing to sell should one of their clients want more space/property but they want 6% to show it to their clients that they say are already interested.
What do you do if someone they show or mention it to contacts you directly with no deal in place?
Seems like 6% is high with no expense of listing, photos, etc. Let's say the sales price would be low 7 figures. That's a lot of commission. Obviously a FSBO sign would draw interest without them, but there is value in
the hassle of showing, vetting people, negotiating, etc. & it's worth something, for sure, but not $60K+ worth.
If you have to pay full commission - why wouldn't you get your own realtor? Neither of these will be working in your best interest as a seller - their duty is to the buyer.
Thoughts? If you are a fair person trying to figure out the right strategy, what would you do?
Those realtors ask if you'd be willing to sell should one of their clients want more space/property but they want 6% to show it to their clients that they say are already interested.
What do you do if someone they show or mention it to contacts you directly with no deal in place?
Seems like 6% is high with no expense of listing, photos, etc. Let's say the sales price would be low 7 figures. That's a lot of commission. Obviously a FSBO sign would draw interest without them, but there is value in
the hassle of showing, vetting people, negotiating, etc. & it's worth something, for sure, but not $60K+ worth.
If you have to pay full commission - why wouldn't you get your own realtor? Neither of these will be working in your best interest as a seller - their duty is to the buyer.
Thoughts? If you are a fair person trying to figure out the right strategy, what would you do?
