John Peak (Get Your FREE BPO Company List)

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Ambassador
2,571,247
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

     Yes, but I told her that I was faithful to my marriage vows and to my wife.   Thanks, but no thanks.     

Mar 16, 2017 08:01 PM
Ambassador
5,410,996
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

I would never hire an agent who was so poor at protecting their commission that they were willing to lower it.

It would be the first clue that they were also going to undersell my property.

Mar 16, 2017 01:34 PM
Rainmaker
4,045,240
Richard Weeks
Dallas, TX
REALTOR®, Broker

They would use me to purchase a house once their house sold.

Mar 16, 2017 01:51 PM
Rainmaker
542,696
Sean Casey
Patterson-Schwartz Real Estate - Newark, DE
Greenville, Hockessin, Newark & Bear Homes

No.  I'm not even sure what someone would be offered.

Mar 16, 2017 05:03 PM
Rainmaker
3,468,673
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

John Peak I haven't yet!

Mar 16, 2017 04:39 PM
Rainmaker
702,012
Steve Higgins
RE/MAX Kelowna - Kelowna, BC

No, I have not. The only time that I will give a client a deal is if the client is buying and selling through me.

Mar 16, 2017 02:11 PM
Rainmaker
4,120,436
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

No and I don't want anything as I don't lower my commission. Legally we can't accept payment directly from a seller, so if it's not a commission how are you collecting?

Mar 17, 2017 03:59 AM
Ambassador
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

John Peak - you mean something to me as an individual? I doubt if I'd take anything like that...

Mar 16, 2017 10:41 PM
Rainmaker
598,769
Nathan Gesner
American West Realty and Management - Cody, WY
Broker / Property Manager

I only discount for repeat clients. Once we close a deal together (and I want to continue working with them) then I will offer a small discount for their repeat business.

Mar 16, 2017 08:32 PM
Ambassador
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Anna Banana Kruchten CRS, Phoenix Broker
HomeSmart Real Estate BR030809000 - Phoenix, AZ
602-380-4886

A while back I was offered gold in lieu of a commission - pretty interesting situation.

Mar 16, 2017 01:32 PM
Rainmaker
1,723,405
Lyn Sims
Schaumburg, IL
Schaumburg Real Estate Agent Retired

Why does this ? seem kinky to me? No there are no 'trades' of any sort when I list or sell a home.

Mar 16, 2017 04:10 PM
Rainmaker
142,746
Diana White-Pettis
Bennett Realty Solutions - Upper Marlboro, MD
GRI, CDPE, CNE, WHC Upper Marlboro Homes for Sale

No and I would not even entertain such an offer.

Mar 16, 2017 03:47 PM
Rainmaker
895,150
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

No, but I have been offered some pretty cool bonuses.

Mar 16, 2017 03:08 PM
Rainmaker
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Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Nope.

Mar 16, 2017 03:02 PM
Rainmaker
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Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

John Peak Yes, the listing which I would have turned down. I learned a long time ago to not reduce the fee just to get the listing.

Mar 16, 2017 02:21 PM
Rainmaker
1,232,533
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

Keeping the listing. 

I've had clients say lower it or we have to higher X and one of three things happen:

1. I do a comparison test and often they see I bring more to the table. I also explain "why would you hire an agent that folds on their money? Doesn't that tell you a lot about how they will treat your money?"

2. Sometimes I have to take the hit if I want the gig. 3. Sometimes I pass.

Mar 17, 2017 07:30 AM
Ambassador
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Harry F. D'Elia III
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

just a hard time

Mar 17, 2017 06:04 AM
Rainmaker
882,439
Troy Erickson AZ Realtor (602) 295-6807
Good Company Real Estate - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

John - No, but I did have a buyer client who wanted me to offer another agent money to accept my clients offer. He told me that is the way business is done. I ran away from that client as fast as I could.

Mar 16, 2017 10:16 PM
Ambassador
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Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

Yes - being 'the best brother-in-law in the world!'  Seriously, he told me that if I gave him a deal, he'd always be my favorite!  LOL  

I RARELY give a discount - family only.  During the recession when sellers couldn't afford to sell, I would offer to help them out to avoid foreclosure.

Mar 16, 2017 08:44 PM
Ambassador
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Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I do not barter my commission. I am either worth it or I don't take the listing.

Mar 16, 2017 06:36 PM
Rainmaker
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Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

I offer the sellers a free used Yugo in lieu of a commission reduction. They can find el cheapo discounted agents.

Mar 16, 2017 05:05 PM
Rainmaker
3,331,523
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

The only times i have had to lower it, was when there was no more money, seller was bringing money, had no more to bring, and was get 3/4 commission or nothing. I was overed an old boat in lieu of cash during a short sale once, i didnt take the listing

Mar 16, 2017 03:34 PM
Rainmaker
2,642,112
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

it is usually just limited to a request to take less is my experience

Mar 16, 2017 03:26 PM
Rainmaker
3,985,875
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

No and I would not be a part of this

Mar 16, 2017 03:22 PM
Rainmaker
849,960
Jeff Pearl
RE/MAX Distinctive / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

I've been offered future business. One man said "Hey, I know so and so is going to sell in the summer.... I can get you that listing if you want to give me back half of the commission I'm paying you".

Mar 16, 2017 02:10 PM
Rainmaker
556,858
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

Agents often get hit up all the time to lower commission in order to keep a deal going.

Mar 16, 2017 02:09 PM
Ambassador
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Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Not yet

Mar 16, 2017 01:45 PM
Rainmaker
889,027
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

As a broker that could happen a lot and did happen in my broker days.

As an agent, you'll have some 'splain'n to do to your broker. What half of the horse does he get?

OF course I can lower my compensation, but you don't get the icing and perhaps no ice cream either.

I know it is a difficult concept for many to understand you can allow your clients CHOICE without devaluing yourself. Only a one-dimensional agent would think CHOICE is a bad idea.

 

Mar 16, 2017 01:37 PM
Rainmaker
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Dave Martin (703) 585-4687
Fairfax Realty - Fairfax, VA
Making Realty Dreams a Reality #WeWillGetYouHome

I did have someone offer me a classic car in lieu of the commission once.

Feb 21, 2018 06:13 PM
Rainmaker
4,016,026
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Just a chance to get to the poor house faster.

 

Mar 19, 2017 09:44 AM
Rainmaker
4,942,500
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

No, and have not had many ask for a lower commission.

Mar 19, 2017 06:31 AM
Rainmaker
1,387,628
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Like a toaster?  Now if they wanted me to lower it and were willing to give me a fully loaded convertible Lamborghini Aventador in exchange (a $500,000 car)... I'd lower my commission to 0% on my side in a heart beat!  Heck, I might even pay the other agent (or at least let them sit in my new car).

Mar 18, 2017 10:48 AM
Rainmaker
6,609,858
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

No.

Mar 18, 2017 08:30 AM
Rainmaker
645,708
Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Santa Clarita & Aliso Viejo

Commission is not a part of the contract so there is no need to discuss it.

Mar 17, 2017 10:10 PM
Rainmaker
5,571,923
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

plain and simply, NO.....

Mar 17, 2017 12:18 PM
Ambassador
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Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

No. I have not. 

Mar 17, 2017 08:24 AM
Rainmaker
1,640,086
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West - Carlsbad, CA
Presence, Persistence & Perseverance

Sure; the listing.

Mar 17, 2017 07:26 AM
Rainmaker
919,973
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

Other than a smaller check?.... No LOL

Mar 17, 2017 05:48 AM
Rainmaker
1,890,144
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker, eXp Realty - Kalispell, MT
Helping your Montana dreams take root

No but I do discount my commission for repeat clients. So I guess that means I offer them discounted commission in return for them coming back again and again.

Mar 17, 2017 05:46 AM
Rainmaker
4,212,856
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

My price is my price. If I discount upfront, will I want concessions from the seller in the future? Everyone determines their worth!

Mar 17, 2017 05:29 AM
Rainmaker
3,069,984
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Richard Weeks  nailed this one!

Mar 17, 2017 05:17 AM
Rainmaker
4,799,501
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Other than less income?

Mar 17, 2017 04:58 AM
Rainer
213,163
Dennis Swartz
Full Circle Property Management - Columbus, OH
MBA, GRI...experience counts!

Yes-referrals.

If you do corporate work or investor work, its part of the way that market functions.

Mar 17, 2017 04:16 AM
Rainmaker
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Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

No

Mar 16, 2017 07:46 PM
Rainmaker
4,191,221
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

No

Mar 16, 2017 07:10 PM