Earlier this week, I met with a potential seller client to discuss listing his home for sale.
We had a conversation about commission and it went a little something like this:
Seller: What’s your fee?
Me: Six percent, if I thought your home would be difficult to sell. But, since I’m pretty confident I can sell your home relatively fast, I’ll only take five percent.
Seller: Five? (taps his fingers on the kitchen table, thinking) So, if you sell my house for $400,000, you get $20,000?
Me: I don’t get to keep all of it, but you’ve got the right idea.
Seller: That seems a bit…steep. Can you do any better, Brent?
Any better? Part of me wanted to reply with, “Better? Are you kidding me? Do you have any idea what selling your home involves?”