+ Reply to Thread
Results 1 to 6 of 6
  1. #1
    BarefootedMumma's Avatar
    BarefootedMumma is offline Aiming to be in the top 10 busiest users one week.
    Join Date
    May 2010
    Location
    The Kitchen
    Posts
    2,241
    Thanks
    120
    Thanked
    290
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts

    Default Selling house and commission

    We put our house on the market recently. Before it went on the market the agent gave us a figure and told us his commission. The figure was in line with what we were told by other agents. Within the last couple week a few houses near us have gone above what was expected and now or agent is saying we are likely to get a higher figure but he is trying to push for higher then that. (New figure is 1.3 times old figure) and he's asked for a higher commission.


    Is this normal?

  2. #2
    Join Date
    May 2012
    Posts
    898
    Thanks
    391
    Thanked
    218
    Reviews
    0
    Achievements:Topaz Star - 500 posts
    Commission is usually a % so the higher the sell price the higher $ the commission. He's possibly just quoting you what the dollar value is at the higher sell price so you know.

  3. #3
    Join Date
    Dec 2005
    Posts
    11,303
    Thanks
    2,803
    Thanked
    3,075
    Reviews
    14
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 postsEmerald Star - 10,000 posts
    Awards:
    100 Posts in a week
    @Elijahs Mum might be able to help with this.

  4. The Following 2 Users Say Thank You to Mod-Uniquey For This Useful Post:

    BarefootedMumma  (02-12-2014),Elijahs Mum  (02-12-2014)

  5. #4
    Join Date
    Jul 2010
    Posts
    10,517
    Thanks
    3,211
    Thanked
    6,536
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 postsEmerald Star - 10,000 posts
    Not normal - in a booming market like now we can negotiate at the time of signing a bonus clause ( say anything over a certain amount the agent can get an extra % or $) if you are really happy you can give him a bonus
    but asking for one or trying to up your commission afterwards is tacky and unprofessional in my opinion !

    Tell him to sell it for as much as he can and take what he agreed on!

  6. The Following User Says Thank You to Elijahs Mum For This Useful Post:

    BarefootedMumma  (02-12-2014)

  7. #5
    BarefootedMumma's Avatar
    BarefootedMumma is offline Aiming to be in the top 10 busiest users one week.
    Join Date
    May 2010
    Location
    The Kitchen
    Posts
    2,241
    Thanks
    120
    Thanked
    290
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 posts

    Default Selling house and commission

    Elijahs mum, would you mind if I pm 'd you

  8. #6
    Join Date
    Jul 2010
    Posts
    10,517
    Thanks
    3,211
    Thanked
    6,536
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 postsEmerald Star - 10,000 posts
    Of course not!

  9. The Following User Says Thank You to Elijahs Mum For This Useful Post:

    BarefootedMumma  (02-12-2014)


 

Similar Threads

  1. Has anybody built a house before selling their current one?
    By Apple iPhart6 in forum General Chat
    Replies: 15
    Last Post: 17-11-2014, 21:55
  2. Real Estate Agent commission on selling NSW??
    By littleriv in forum House & Gardens
    Replies: 3
    Last Post: 29-09-2014, 21:04
  3. How much are real estate agent fees for selling a house?
    By Little Ted in forum General Parenting Tips, Advice & Chat
    Replies: 17
    Last Post: 20-05-2014, 19:39

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
free weekly newsletters | sign up now!
who are these people who write great posts? meet our hubbub authors!
Learn how you can contribute to the hubbub!

reviews
learn how you can become a reviewer!

competitions

forum - chatting now
sales & new stuffsee all
Hills Swimming
Swim with your friends and you will all get a 33% discount!* We have programs to suit all ages and abilities, with small classes held in our warm indoor 25 metre pool. Highly qualified teachers, and award winning programs. *conditions apply
featured supporter
121Temps
For the last 10 years 121 Temps has helped thousands of personal assistants/others to set up and work as a virtual assistant from home. Our services include: - One-2-One Mentoring - Online Training/Courses - Handbook, Toolkits, Templates & more.
gotcha
X

Pregnant for the first-time?

Not sure where to start? We can help!

Our Insider Programs for pregnancy first-timers will lead you step-by-step through the 14 Pregnancy Must Dos!