Realtor Manny Menezes recently received a tough request from a listing agent: If she chipped in some of her commission to make a deal work, would he do the same? Menezes was hesitant. He knew he was worth at least a 2.5 percent commission fee, nothing less. But he also knew the deal was stuck — neither his client nor the seller were willing to budge on price.
- If buyer's brokers are asked to cut their commission to save a deal, there are a number of ways to parry the proposal.
- But most agents think giving up some commission dollars to salvage a transaction is worth it, especially for high-end deals.
The premier event for luxury agents and brokers
Luxury Connect | Oct. 16-18 | Beverly Hills