Why is my real estate agent asking for 3% after going to OpenDoor?

Homeseller Forum
1

Basically, we met a real estate agent who mentioned pre-market buyers, which we were interested in. She sent our info to OpenDoor, and they came out, did their tour, and made a pretty good offer. The thing is, OpenDoor wants 5%, and the real estate agent still wants her 3% for doing basically nothing. What’s the play here?

2

That sounds frustrating. It seems double-dipping a bit if you’re already paying OpenDoor. Have you talked to her about it?

3

Emerson said:
That sounds frustrating. It seems double-dipping a bit if you’re already paying OpenDoor. Have you talked to her about it?

Not yet, but I feel like I should. IDK if it’s standard practice or what.

4

Yeah, it does seem a bit much. I thought agents usually negotiate their fees based on the situation. Maybe ask her what she did to earn that 3%.

5

Nyx said:
Yeah, it does seem a bit much. I thought agents usually negotiate their fees based on the situation. Maybe ask her what she did to earn that 3%.

Good idea. I’ll definitely ask her what she’s done to justify that fee.

6

In my experience, agents can be a bit pushy with their fees. You could negotiate or even consider if you really need her services at this point.

7

Vance said:
In my experience, agents can be a bit pushy with their fees. You could negotiate or even consider if you really need her services at this point.

That’s a good point. I’m wondering how necessary her involvement is if OpenDoor is already making an offer.

8

It’s kind of typical for agents to want their commission no matter what, but you should feel comfortable pushing back. It’s your money, after all.

9

Bela said:
It’s kind of typical for agents to want their commission no matter what, but you should feel comfortable pushing back. It’s your money, after all.

True, I shouldn’t feel pressured. I’ll make sure to voice my concerns.

10

Honestly, if OpenDoor is already providing a solid offer, you might want to just go with them and cut out the middleman. Just a thought.

11

Dariel said:
Honestly, if OpenDoor is already providing a solid offer, you might want to just go with them and cut out the middleman. Just a thought.

That’s definitely something to consider. I’ll weigh my options carefully.