Ok so your listing agent tells you:
“The higher commission we offer the buyer’s agents the faster your home will sell and that will translate into a higher net price for you the seller.”
So is that true?
Well here are my statistical findings of the subject. I pulled closed home stats from November 15th 2008 until present and then divided the search up dependant upon what the seller offered the buyer’s real estate agent in commission (Also known as Co-Op or Cooperating Broker Commission). I then did calculations to figure out number of homes sold at each percentage, list price vs. eventual sales price, days on market, and also the “cumulative actual net sell price including commission paid”. (That last one is something I made up however its…