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Richie Alan Naggar, agent & author (people first...then business Ran Right Realty )

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Rainmaker
1,620,251
Thomas J. Nelson, REALTOR ® CRS,ABR,PSA,RCS-D, ePRO
Big Block Realty 858.232.8722 - La Jolla, CA
Serving Coastal San Diego, Veteran's & Seniors

I closed a $5,000,000 deal in 2021, my largest sale so far, and had no complaints about the commission and really enjoyed that deposit!

Jul 22, 2023 03:39 PM
Ambassador
5,489,752
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

The Sherman Antitrust Act forbids me to discuss this with you.

 

All I can say is that I negotiate my own fees with all of my sellers, whether they be multi-million dollar or $400K sellers. 

Jul 22, 2023 11:12 AM
Rainer
195,689
Karen Climer
Demetree School of Real Estate - Orlando, FL
Teaching people to pass the real estate exam

Let's say you are in the business of selling shopping malls or large apartment complexes.  You aren't going to sell one a week.  Also, it requires a little bit more than putting it on the MLS to find a buyer.  So the commissions are higher, but the work and expenses are higher as well.

Jul 22, 2023 03:18 PM
Ambassador
3,431,142
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

 

I am with Debe Maxwell, CRS on this, Richie. 

I also negotiate my fees with seller clients.  The negotiated amounts are private, personal, and confidential. 

 

Jul 22, 2023 12:08 PM
Rainmaker
5,317,011
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Real Estate Broker

Sorry... but no way am I discussing any commission structures in this forum. All commissions are negotiable regardless of the price of a property.

Jul 22, 2023 12:11 PM
Ambassador
2,122,131
Alan May
Jameson Sotheby's International Realty - Evanston, IL
Home again, home again...

In my experience, the handful of big players I've had were far less concerned with the "pennies" they were paying in commisions, than the smaller players were.

Jul 22, 2023 07:08 PM
Rainmaker
1,446,248
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

The most expensive home listed here in Fremont, Ca. is on our mls for $13,399,900. The buyer's broker is being offered 2.5%.

For you out-state Rainers, I would be happy to accept a referral.

And, no, I am not breaking any rules by revealing this information.

Jul 22, 2023 06:44 PM
Rainmaker
637,534
Hella M. Rothwell, Broker/Realtor®
Carmel by the Sea, CA
Rothwell Realty Inc. CA#01968433 Carmel-by-the-Sea

Go to your MLS and look for a house in Pebble Beach and the cobroke is right there. About half of them are $5M and up.   I've bought and sold several in Pebble Beach for clients.   

Jul 22, 2023 04:08 PM
Rainmaker
1,101,689
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

1. Big.
2. Yes. But likely the work risk and liability are higher. You're dealing with guys with big pockets and attorneys. Also they will expect you to spend and spend lavishly to market and sell their properties.
3. Yeah of course, if I recall correctly there was a gal around long ago who sold ONE big dollar property and talked about it a bit . . . and I 'think' the split was 'a split we'd balk at in the lower price points' but it was a lot at the end, even when split among partner, team and after costs. 

Jul 22, 2023 11:12 AM
Rainmaker
5,488,259
Wayne Martin
Wayne M Martin - Oswego, IL
Real Estate Broker - Retired

All commissions are negotiable and it is an individual decision as to what you are worth and what a seller is willing to pay.

Jul 23, 2023 04:57 AM
Ambassador
3,268,284
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
The best agent in Southern Utah!

Confidential information to be discussed between agent and clients. 

Jul 22, 2023 06:46 PM
Ambassador
6,692,557
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Most uber rich people feel that they are entitled to special welfare rates on all sorts of things including their taxes.

Jul 23, 2023 03:45 AM
Rainmaker
789,904
Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Group Valencia & Aliso Viejo

On the advise of my Attorney I decline to answer this question.

Jul 25, 2023 11:07 AM
Rainmaker
8,156,345
Roy Kelley
Retired - Gaithersburg, MD

I have seen some large commissions when we purchased or sold land and office buildings.

Jul 23, 2023 10:39 AM
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