Buyer Agent Compensation
STRATEGIC APPROACHES IN THE LANDSCAPE
I'll respond to inquiries with a clear statement like, "Yes, we're offering X% to buyer's agents." This transparency can encourage more showings and potentially more offers. It sets clear expectations from the start, which some agents and buyers prefer. Upfront Compensation Offer With this approach, we're clear about our willingness to offer compensation when buyer's agents inquire..
When asked about compensation, I'll say, "We're considering all offers. Please submit your offer, and we'll respond with an acceptance or a counter." This allows us to adjust based on the strength of each offer we receive. It could give us more flexibility in negotiations and potentially better overall terms. Flexible Compensation Approach This strategy keeps compensation as part of our overall negotiation toolkit.
If asked, I'll state, "We're not offering compensation to buyer's agents." This puts the responsibility of agent payment on the buyer. It might reduce the number of showings but could potentially lead to a higher net sale price for you. No Compensation Offered This approach makes it clear that we're not offering compensation to buyer's agents.
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