The way buyer’s agent commissions work has changed, and it\u2019s a shift that firmly benefits you as a seller. If you\u2019ve seen older advice suggesting that commissions are a fixed cost of doing business, it\u2019s time to hit the refresh button.<\/p>\n\n\n\n
We now recommend to all our sellers that the commission should stay negotiable.<\/strong> —<\/p>\n\n\n\n By keeping the commission negotiable, you are no longer forced to commit to a specific payout before you even see an offer. This puts you in total control.<\/p>\n\n\n\n Following the recent NAR settlement, commission rates were removed from the MLS. This means there is no longer a “pre-determined” fee listed. Instead, the buyer’s agent must now ask for their compensation as part of the offer they submit to you.<\/p>\n\n\n\n Here is why this is a win for you:<\/strong><\/p>\n\n\n\n While the market is now more open, you will still see patterns in the offers you receive. Typically, a buyer\u2019s Realtor will ask for 2.5%<\/strong>, and sometimes 3%<\/strong>.<\/p>\n\n\n\n Currently, 2.5% remains the most common request<\/strong> and is generally considered the industry standard. This gives you a clear benchmark to use when evaluating your “net” profit on a deal.<\/p>\n\n\n\n When a buyer submits an offer with a commission request, you have the power to decide how to proceed:<\/p>\n\n\n\n The shift to a negotiable framework is a good thing for sellers. It removes the “hidden” nature of commissions and allows you to treat agent compensation as exactly what it is: a negotiable part of a business transaction.<\/p>\n\n\n\n Don’t feel pressured to agree to a set rate before you’ve seen what a buyer is willing to pay for your home. Stay negotiable, stay in the driver’s seat, and make sure the final numbers work for you<\/strong>.<\/p>\n\n\n\n <\/p>\n\n\n\n <\/p>\n","protected":false},"excerpt":{"rendered":" Commission is Now Negotiable The way buyer’s agent commissions work has changed, and it\u2019s a shift that firmly benefits you as a seller. If you\u2019ve seen older advice suggesting that commissions are a fixed cost of doing business, it\u2019s time to hit the refresh button. We now recommend to all our sellers that the commission … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[],"class_list":["post-610","post","type-post","status-publish","format-standard","hentry","category-selling-your-home"],"_links":{"self":[{"href":"https:\/\/oahure.com\/oahu-real-estate\/wp-json\/wp\/v2\/posts\/610","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/oahure.com\/oahu-real-estate\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/oahure.com\/oahu-real-estate\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/oahure.com\/oahu-real-estate\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/oahure.com\/oahu-real-estate\/wp-json\/wp\/v2\/comments?post=610"}],"version-history":[{"count":3,"href":"https:\/\/oahure.com\/oahu-real-estate\/wp-json\/wp\/v2\/posts\/610\/revisions"}],"predecessor-version":[{"id":1207,"href":"https:\/\/oahure.com\/oahu-real-estate\/wp-json\/wp\/v2\/posts\/610\/revisions\/1207"}],"wp:attachment":[{"href":"https:\/\/oahure.com\/oahu-real-estate\/wp-json\/wp\/v2\/media?parent=610"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/oahure.com\/oahu-real-estate\/wp-json\/wp\/v2\/categories?post=610"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/oahure.com\/oahu-real-estate\/wp-json\/wp\/v2\/tags?post=610"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}You Are in the Driver\u2019s Seat<\/h2>\n\n\n\n
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\n\n\n\nHandling the Offer: 2.5% vs. 3%<\/h2>\n\n\n\n
Your Options When an Offer Comes In:<\/h3>\n\n\n\n
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\n\n\n\nThe Bottom Line<\/h2>\n\n\n\n