How do brokers negotiate the purchase price?

An example for reassurance: On financing confirmations from my house bank, it was always implied only that the bank is basically willing to finance the property at yyy Street 666 for the family xxx. Neither the equity nor the purchase price was stated in the financing commitment.

If someone comes and says, prove to me that you can also pay for the house, I say no [..] I have always said, I won’t do it, period. I will pay, if they don’t trust me to do that, then we are both wrong here. Karsten

If the local market is difficult, you shoot yourself in the foot like this. Whenever interested, I always immediately obtained the financing confirmation right after the viewing and forwarded it to the seller on the same day. One also wants to show that one wants to carry out the entire purchase in an uncomplicated manner. Further appointments, surveyors, or withdrawing can always be done later.

My experience is also that agents prefer to sell quickly rather than negotiate back and forth for a long time.

Without knowing the property now, I would think that the 100,000€ is just meant to lure.
With us, you don’t get a house that is newer than the 80s for under 500,000-600,000€, and then usually a lot more has to be invested.

The broker's interest is usually to sell as quickly as possible.

This also makes mathematical sense. Let's assume a property costs €300,000 and the commission is 3.5%.
Then the broker receives €10,500. If he can sell it after one week --> weekly wage €10,500.
If the broker negotiates the price up to €330,000 (+10%, which rarely happens), he receives €11,550, so €1,050 more. But if this then takes a total of 2 weeks --> weekly wage €5,775.
Of course, there are limitations to this calculation, namely that the broker does not have an unlimited number of properties, etc., but the time gained can also be used to search for new properties.

Real estate agents are not infrequently in the position of having to rein in the client's extravagant price expectations. If necessary, brokerage assignments are even rejected when the seller sets the price significantly too high, because otherwise it is foreseeable that as an agent one will have to drive there dozens of times at all kinds of times of day and repeatedly walk through the same house – only to be told "no" by the prospective buyer just as often afterward. As has already been correctly said, the fast and uncomplicated brokerage business is the most lucrative.

How does something like this actually work? I sign a brokerage agreement. If my property is then sold, the broker receives a commission. It doesn't matter whether I found the interested party or the broker did. If the brokerage agreement lasts 1 year & the interested party buys after 1.5 years – does the broker still receive a commission?