--130.41.xxx.xx

If I list with the broker I use, it’s 5 or 5.5. If I list on the MLS myself, I’ll do 3.5 or 4% to the selling agent. That’s higher than they normally see, but I’m not paying the selling agent portions. That’s a win win. --24.152.xxx.xx

For context, I'd be the buyer --130.41.xxx.xx

If you are the buyer, then the agents commission is already gonna be sent in the sellers contract. --174.249.xx.xxx

That used to be true, but now it's a separate line item under Seller concessions. --130.41.xxx.xx

--184.4.xx.xxx

Yeap, it's separate now, but you can ask the seller to pay all or part of the buyer's agent. --73.19.xxx.xx

It may be separate, but it’s still going to be on the sellers side of the settlement statement. Unless it isnt a guarantee to be paid. If it’s up to you to pay it, then I would use that as leverage to get realtors to close the deals for you Instead of the seller. --174.249.xx.xxx

It's an entry under the seller's concessions, which ultimately strengthens or weakens my offer as it increases or reduces the final amount received by the seller. My contract is currently 3%, but I wanted to know if it's common with any of you all to negotiate that down to say 2-2.5% to make my offers more competitive --130.41.xxx.xx

I’m not sure I understand what you’re asking. With you being buyer, what difference does it make? If the seller already has the commission set at 3%, what do you care? It’s already signed between him and his realtor. You’re not going to affect that. I doubt I would increase my price to the seller, I would increase the commission to the realtors. Tell them something like, “you know that the commission is set at a measly 3% and if you guys can figure out how to get this deal closed for me, I’ll pay you both another 1% out of my pocket”. I’ve done this before and had it presented, and the seller asked what was going on with that and his own realtor use that as leverage for him to come down on his selling price. --24.152.xxx.xx

Here in Canada, many agents do 5%, split 2.5% and 2.5% to each agent, or split 3% and 2%. Many agents also do 4%, split 2% and 2%. (They do not usually split for the buyer's agent to get less than 2%, or the agents will steer their buyers elsewhere.) I had an agent who said he was 5%, and he went down to 3% to represent both sides. --23.233.xx.xxx

Back before the problems with commissions my realtors would agree to drop their percentage right out of the gate because I was buying and selling more than I am now. --107.147.xx.xx

NE, Sellers are no longer automatically required to pay the buyer's agent commission (BAC). Buyers are now expected to cover their own agent's fees. After losing an antitrust lawsuit in March 2024, the National Association of Realtors (NAR) shifted how real estate fees are handled nationwide. Beginning August 17, 2024, BACs are negotiated directly by the buyer rather than included in the seller's costs. --98.236.xxx.xx

Sparky, if that is the case, I’ll pay large commissions of MLS listed houses directly to the listing agent if the deal makes sense. --24.152.xxx.xx

Pay too little and the agent might steer the buyer elsewhere, but you still don't want to overpay. I have doing alright with 2.5 and 2.5%. But I also offer a sellers assist with an accepted offer within 30 days of the listing day --67.140.xx.xxx

--68.50.xx.xx