@tompanos: The commission test: The fastest way to expose whether an agent believes their own appraisal or is just buying your listing. 🏡💰 The easiest way to test whether an agent genuinely believes the price they’re quoting is to tie their commission to performance. If they’re confident they can exceed their estimate, they should be happy to be rewarded for it. If they won’t back their own appraisal with their fee structure, ask yourself one simple question: do they really believe the price… or are they just buying the listing and planning to push you down on price once they’ve signed you up? 🤔 #realestate #homesellers #realestateagents #propertymarket
Put the agent on a forty day contract. Problem fixed.
2026-07-22 04:21:47
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Mary Lyn :
I gave my agent 2% off market. sold above all other appraisals I've got ( I got four from the top agents in my area)
also saved 13k on advertising
2026-07-22 05:28:24
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User73053 :
So what’s if they give you no price expectations and ask you to do auction
2026-07-22 01:39:37
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hardstylr :
I always sell with an agent using a sliding scale.
2026-07-22 01:51:55
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Vailima23 :
Great advice
2026-07-22 09:52:55
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best96 :
2% of 1.6 mil is 32000.. he will need to sell above 1.92 mil to make that deal worth it with 1% upto 1.6 and 5% above. How is that no brainer?
2026-07-22 09:54:35
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Jimi3Jamal :
rule 1 never trust agents. any agent
2026-07-21 21:16:23
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Nasno :
Paying an agent more than $100k to sell a home is insane.
2026-07-22 05:59:25
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kanemola89sgt_sx :
For sale by owner for the win.
2026-07-21 23:43:06
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lucky :
good idea
2026-07-22 10:20:32
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warren WOP. :
I have a slightly different approach. if the agent says they can get me $1 million for a property I say bring me a buyer at $1 million. I won't enter a contract with an agent until they put their money where their mouth is and bring me the buyer. if they can't bring me the buyer they don't get the sale. mind you I'm a total bastard if I'm buying it an auction if the auction gets passed in in my favour I always reduce the amount on offer because the market is spoken
2026-07-22 02:54:24
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Pomerainian Love🇦🇺 :
I advise them what I expect then the percentage is set then I sign its always works for me
2026-07-21 22:10:42
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Frankly Rob :
had a friend on the central coast last month accept $1.55m after the agent listed for $1.8m.
typical story, he had 3 buyers. at Killarney vsle. ridiculous!!!
2026-07-22 08:34:39
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Luke Richters :
My agents commission structure was already similar to this. I think it was 2% of the agreed value and 2.2% if she gets above. She sold 2 properties for me and smashed both of them out of the park.
2026-07-22 02:45:14
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LawT76 :
Thats what our agent is doing. 1.5% and if they go over the asking price they will get 2%.
2026-07-22 02:28:41
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madmax mcantyre :
That’s how it should be you are right …
2026-07-22 03:55:20
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o.n.stefan :
thank you. thats essential information
2026-07-21 22:12:03
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Gabe Owners :
I did that. I have an agent with my listing at the moment. He reckons he will sell in 6 weeks we are now in the 4th so two weeks to go let’s see what happens
2026-07-21 22:09:39
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kalib ibur :
vica versa : agent articulates he is soo honest and gives you a low price to churn and burn with minimum effort.
2026-07-21 22:33:58
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michaelpburr :
But why give a listing to someone who is lying. Go with the agent that is truthful.
2026-07-22 07:15:15
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Greg :
That Billy Big Mouth agent is the exact same person that after listing your property for 2 months with no bites, will be telling you ‘we have to drop the price’. Show the chancers the door.
2026-07-22 02:25:22
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AussieMale :
When I sold one of my properties, I offered seven real estate agents in the area $50,000 cash on top of the 1.4% that went to the agency. The incentive was there and it sold well above
2026-07-22 00:34:58
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user4737441568695 :
my maths ain't great but 2% of 1.6m is more money for the agent than at 1.5% with 5 % for everything over, considering he is not going a lot past 1.6m
2026-07-22 00:04:13
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jmp5f5hfeyrf :
2005 selling a unit in Lane Cove first agent literally called himself "Mr Units" said list it for 350k second one said list it for 380k. third one said 535k. we asked why as that number was nearly half what other agents where quoting. He said "you dont negotiate up only down" 2 weeks late sold for 515k another in the block sold by Mr Units which was exact same dimensions sold for under 400k. Sometimes higher figure is right figure. we bought a house in Pymble and he did same thing about 8 years later.
2026-07-22 01:27:06
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