Sellers Corner Commission Concessions Los Angeles CA

Guess what? The money you can save on a discounted commission, all too common these days, could very well be enough to make your listing sell with something left over for you. Here's how to cash in.

by Broderick Perkins
© 2008 DeadlineNews.Com

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Deadline Newsroom - Pretty much like everybody else in the soft economy, real estate agents are taking a pay cut and that's giving sellers some bargaining power.

A recent Consumer Reports survey of more than 9,000 home owners, found that among 46 percent of those who, from 2004 to 2007 sold or attempted to sell their home and attempted to negotiate the commission, 71 percent succeeded, often netting a 3 to 4 per percent sales commission for the effort.

The deals didn't come from discount brokers or reduced service outfits, but traditional brokers including Century 21, Coldwell Banker, Prudential, Keller Williams, RE/MAX and other companies, as well as independent company agents. RE/MAX agents were most likely to lower commissions, followed by independent agents, but none of the companies were far behind the leaders. ...

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