Question about negotiating my realtor's commission.
Hello all. I would really appreciate some input. Our house has been on the market for about 100 days. For the first 45 days we averaged about one showing per week. Now we haven't had a showing in over a month. Obviously we need to drop our price. The house is large, newer, nicely staged, and immaculately clean but not in the greatest neighborhood and it doesn't have a garage.
Our realtor agreed to 5% when selling our house (currently listed for $168,000) and we will use her when buying our next house for approximately $250,000. We have excellent credit and no debt (except current mortgage) so I'm confident we can get a loan (pre-approved for $300,000). My question is this: Is it possible to ask her to take 3-4% commission on the sale of our house and take 6-7% when we purchase the new house?
I'm very naive about the process and don't want to ask her something like that if it's totally from left field and not possible. Thanks in advance for any advice!