“Paying The Buyer’s Agent’s Commission As a Seller”
When you’re selling your property, you are obligated to pay your own agent’s commission but not the buyer’s agent’s commission (BAC). This is a recent reversal from the traditonal model where the seller paid the commission for both agents. However, there are some good reasons for a seller to offer to pay the BAC anyway, depending on the local market. In a level market or one that’s turned to a buyer’s market (more properties for sale than buyers), offering to pay all or part of the BAC can give you an advantage by attracting more buyers and creating competition for your property. You can use the same technique in a seller’s market if you need to sell your home quickly.
When you’ve decided it’s time to sell your property, you’ll want to find the right agent to entrust this most precious of your assets in, one who has been dealing with the complexities of real estate transactions for many years. If you have questions about agent commissions and how to use them to your advantage, call on our expertise and experience. We have been a family owned and operated agency for 60 years.
“OUR SUCCESS HAS BEEN BUILT ONE SATISFIED CUSTOMER AT A TIME.”
