2,772,712
I have taken upfront fees for many years. I charge what I charge, nothing is reduced or discounted.
-
Bob Crane
Stevens Point, WI
-
Mary Yonkers
Erie, PA
-
Michael J. Perry
Lancaster, PA
7,198,253
Good question Michael, there are tradeoffs in every negotiation, guaranteed money upfront does take part of the risk out of the deal and likely should be rewarded.
Of course it does depend on how much upfront, and how much of a reduction.
-
Bob Crane
Stevens Point, WI
-
Michael J. Perry
Lancaster, PA
3,387,996
I am always willing to be creative when it comes to getting a home sold and me paid.
-
Michael J. Perry
Lancaster, PA
1,466,272
Michael J. Perry I wouldn't reduce my fee, but I do charge a non-refundable retainer fee that is credited back at the closing.
-
Michael J. Perry
Lancaster, PA
2,997,407
1,231,903
Attorneys charge a retainer fee; why not real estate agents
-
Michael J. Perry
Lancaster, PA
1,300,933
1,036,263
5,278,026
4,333,284
Michael J. Perry - never thought of it.
What happens if the property does not sell?
2,443,458
Have you ever heard of ACRE? It is a group of people who believe we ought to charge per item instead of a straight commission. Jennifer Allan-Hagedorn use to run the organization I believe.
3,988,329
We don't do upfront fees but would like to see that trend change and adjust the backend accordingly.
1,706,894
I'd like that a lot. Many lawyers charge upfront regardless the result.
5,673,977
5,775,263
4,699,332
3,986,589
1,713,681
634,582
1,590,825
I've never thought about this. Aside from specialized marketing expenses that the seller demanded, I don't think I would do this.
1,795,654
Sounds like an unearned commission which you will find is not acceptable to your State Real Estate Governing bod
1,897,175
As in buyer agent? Sure but I haven't heard any scenario yet where it's come up.