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Maximizing Your Commission Rate

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Presentation on theme: "Maximizing Your Commission Rate"— Presentation transcript:

1 Maximizing Your Commission Rate

2 What is the difference between 2.5% and 3%?

3 17%

4 Maximizing Buyer Commissions?

5 Maximizing Buyer Commissions?
Set Up Preferences in the MLS

6 Maximizing Buyer Commissions?
Set Up Preferences in the MLS Ask for Buyer Contribution if commission is too low

7 Maximizing Listing Commissions
How do you answer, “What commission rate do you charge?"

8 Maximizing Listing Commissions
Never leave the number hanging. Always qualify it.

9 Maximizing Listing Commissions
What are the advantages to a listing at 6, or 3%?

10 Maximizing Listing Commissions
More incentive to get it shown Statistics show that at 3%, you have a greater chance of getting your home in escrow. Agents have a negotiating margin for issues during escrow More extensive marketing

11 Maximizing Listing Commissions
Tactics: Write in the listing agreement, your willingness to come down to 2.5%, or 5% if on both sides. Write in the listing agreement, your agreement to come down to 5% if you double end it. Have the seller increase the price by 1%. Remind them they don’t pay commission until closing. Introduce Always say, “subject to broker approval”.


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