06 February 2008

Committing to a real estate agent

We signed up with Vicki Gardner (real estate) to sell the house by tender. We were talked down from our preferred selling price, but won slightly by reducing the agent’s commission from 3% to 2.6%. But then there is GST on that. And of course, we pay for our own advertising. It’s not going to be cheap despite the slight discount.

Negotiating rates is something you should all consider. Of course, you should also consider the lack of attention the agent will give your property when selling it for you if you cut their profit margin too much. It’s a balancing act.

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