What are your thoughts on negotiating a commission.
We are probably going to use an agent from the same office of the agent that handles sales at the development we are buying from. So both the buy and sell end would stay "in the family." Because of this, I'd like to negotiate commission. I know it is not the same person, but I feel they can all figure something out that is equitable, or we just won't use the sellers agent and just find someone else to sell our home.
Is my thinking correct here. I was going to look for a 4.5% (1.5% to our agent, 3% to buyers agent) for the sale of our home. Then the two agents could determine if the agent from the development should "subsidize" our sellers agent.
Am I nuts or is it doable? I figure they stand to make about $6K from the sell end(with a cut going to their bosses, of course). I don't know if new construction pays the same commission on the buy end, so can't estimate there.