AllThumbs
2022-01-24 12:33:36
- #1
Our realtor said his commission depends on our selling price?
Doesn't that mean that a higher selling price would also be desirable for him?
That can be a misconception.
Suppose you want to sell for 620k and assume that is a realistic market price. On the second viewing weekend, a prospective buyer offers 600k. The realtor now faces the question of whether to forego almost 1500 euros of taxable commission and make you an attractive offer or conduct further viewings to achieve the appropriate price. For you, however, it would be a loss of 20k euros.
On the other hand, realtors initially try to dazzle you with euro signs during acquisition so that they preferentially get the contract from you. Therefore, the realtor’s estimate does not necessarily have to be below the market price.
That is why you should definitely listen to several realtors and form your own opinion. I have written this somewhere before. We had 5 realtors here, and the estimates differed by 250k. We then oriented ourselves towards the higher estimates, but not the highest.