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Old 01-15-2012, 11:29 PM   #4
Daradon
Has lived the dream!
 
Join Date: Apr 2004
Location: Where I lay my head is home...
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Quote:
Originally Posted by HammeR_ View Post
I suppose this could go in the real estate thread but due to the timing of my situation I thought I could get more responses here.

I am currently in a bid / counter-bid situation with a seller. We have gone back and forth 4 times in the last 3 hours and currently sit $4,000 apart.

Not much right? Well I have already come up $1,000 from my ceiling and do not want to go any higher, on the other hand I dont want this deal to die over 4k.

I have been working with my realtor for less than a week and have gone through less than 10 houses together. The way I see it is this is the easiest commission she will ever make.

How about asking her to cut her commission by 4k and eat the difference?

Thoughs?!?!?

Keep in mind this is my first house and we are talking less than $400k sale price here.
I don't think this will work. Wouldn't she just get the full commission elsewhere?

I don't know much about the subject. But if it's her listing, and there are multiple offers, why would she cut her commission?

If the sale price is bout 400K, 4k is just a percent of that. Might have to suck it up if you really want the deal.

But I'll let the Realtors and lawyers answer before I make a fool of myself.
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