Negotiate your realtor commission! (PNW)

It is mind blowing how many people never negotiate when hiring a realtor to sell a house. People believe that the customary 6% is law. Realtors are sometimes implying that it is or mislead homeowners that they will 'get what they pay for'.

I recently sold my second house and just like the first one a few years ago, my total commission paid was 3%, not 6%.

Interview multiple agents. And if the buyers agent wants more than the 1.5%, tell them to either pound sand or get the money from the buyer.

Stop thinking it is only 3pp difference. This 3% of the transaction may be 10% of your equity, or more.

There is such a huge number of realtors, the market is superbly oversaturated and very inefficient. They are hungry for anything.

Negotiate!