Are you prepared to assume control of the home-selling process in the Valley of the Sun? With over two decades of experience as a real estate agent, I comprehend the significance of negotiation and the necessity for flexibility in the contemporary market. That’s why I’m excited to present you with a distinctive opportunity to determine your own commission rate for listing your home in the Valley of the Sun. That’s correct – you have the authority to select the commission rate that aligns with your preferences, and I am here to facilitate that process.
Why Bid Your Commission Rate?
The standard commission rate for real estate transactions typically ranges from 5-6%, but it’s important to understand that this rate is negotiable. Experienced agents, including myself, have worked with clients to tailor commission rates to their specific needs.
Additionally, ongoing lawsuits related to real estate commissions, potentially involving the Department of Justice (DOJ), are a significant concern. Once these legal matters are resolved, new guidelines may require both buyers and sellers to bear their respective representation costs. Sellers may consider reducing the commission paid to a buyer’s agent to zero.
Our current system, the Arizona Regional Multiple Listing Service (ARMLS), mandates offering compensation to the buyer’s broker when listing a property. To address this, sellers can adjust the overall commission structure, possibly reducing it to 4.5% (example). It’s crucial for sellers to communicate with their agent and allocate a portion of the negotiated commission to compensate the buyer’s broker for a fair and balanced transaction.
The typical negotiated commission with your listing agent is usually split between the buyer’s and selling brokers. In some cases, agents may even chip in a portion of their share to assist with costs like closing expenses and repairs. Nevertheless, it’s essential to note that certain real estate professionals may discourage clients from considering listings with lower commission rates, even though this goes against ethical guidelines. Studies indicate that such listings might attract 30% fewer viewings and remain on the market for a more extended period.
Here’s how to get started:
1. Input Your Commission Rate:
Tell me the commission rate you’d like to offer. Whether you want to stick with the industry standard 5% or 6% or aim for something different, it’s your choice. Please specify both the listing broker’s (me) and the buyer broker’s fee to ensure a clear understanding.
2. Provide Your Property Address:
Let me know the location of your property so we can get started on a personalized plan to sell your home. As an added bonus, you will also receive a free Comparative Market Analysis (CMA) to help you understand your property’s value. If you desire, I’m happy to give you a call or provide a detailed breakdown of my professional opinion on pricing.
3. Choose the Length of Agreement:
Select the duration of the listing agreement (3 months, 4 months, or 6 months, more or less) that suits your needs. This way, you can align our partnership with your unique goals and timeline.
Once you’ve provided this information, the negotiation begins. And here’s the best part: you are under no obligation to use me as your realtor! You have complete freedom to explore your options and even use this unique negotiation tool with other agents. I’m here to make your home selling experience as stress-free and rewarding as possible.
So, what are you waiting for? Take the first step towards selling your home on your terms. Bid your commission rate and see how we can work together to achieve your real estate goals. Don’t let others dictate the rules; take control, and let’s make it happen!
Final touches:
To exemplify my confidence in my selling and marketing abilities, I’m offering home sellers the freedom to cancel our agreement at any time. Rest assured; we prioritize thoroughness in all aspects of our services. For a comprehensive understanding of our listing proposal, please refer to the detailed document provided here and for marketing detail here.
You can also email me directly with your terms and conditions at pesqueira2@cox.net.
This Scottsdale home sale in the Ancala area is the outcome of a successful commission rate negotiation and sale. The seller saved almost $27,000 compared to the typical 6% commission rate for a million-dollar+ listing.
📍 11178 N 118TH WAY, Scottsdale, AZ 85259
- Listing Broker 1.75% | Buyer Broker 1.75%
- $26,250 saved
Areas: Phoenix, Scottsdale, Paradise Valley, Mesa, Tempe, Ahwatukee, Chandler, Gilbert, Queen Creek, Glendale, Avondale, Laveen, El Mirage, Buckeye, Surprise, Anthem, Goodyear, Tolleson.
Price: Any including luxury (1 Million+)
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