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Commission

Started by HopefulButSkeptical
about 16 years ago
Posts: 88
Member since: Nov 2009
Discussion about
Has anyone heard anything about discounted broker commissions in this environment? I've heard 2% each agent for a co-broke deal contract signed last week in Manhattan. We're in a situation where the same broker can act as the buying and selling agent (one of those crazy "open" listings in the Hamptons). I think 1 commission of 3% is fair (versus the full 6% in this case). Or even 4%. Appreciate any thoughts.
Response by HopefulButSkeptical
about 16 years ago
Posts: 88
Member since: Nov 2009

Sorry, it's a co-exclusive, not open listing

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Response by Hamptonhopefull
over 15 years ago
Posts: 3
Member since: Apr 2010

I see

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Response by Hamptonhopefull
over 15 years ago
Posts: 3
Member since: Apr 2010

How does the broker thing work in the hamptons? can I use an outside broker that I have worked with on the past negotiate a sale for me?

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