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Ask HN: Why would seller broker not put their skin in the game?

1 pointsby cploonkerabout 8 years ago
As soon as I listed my property for sale by owner on zillow, i started getting 100s of calls(10x more than actual buyers) from realtors wanting to be my seller broker. Though i offered to pay 2.5% buyer broker commission most realtors were selling hard to be seller broker instead of taking advantage of the buyer broker commission.<p>So i offered the following: &quot;Besides giving me the listing price also give me estimated lowest sell price. And then i asked them to put their skin in the game and lose their commission if the property were to sell below their recommended lowest sell price&quot;<p>Since nobody accepted, i am curious why would the seller brokes not put their skin in the game?

1 comment

JSeymourATLabout 8 years ago
&gt; then i asked them to put their skin in the game and lose their commission if the property were to sell below their recommended lowest sell price&quot;<p>The propositon as framed, sounds all or nothing. You as the seller ultimately control the acceptable offer price. Relative to 100s of calls, that&#x27;s a demand indicator of property in your market. Often a Selling Agents value is qualifing true buyers, dealing with all the bozos, moving the process towards a speedy close.<p>A good question for these guys might be, how would you sell my property faster&#x2F;better&#x2F;smarter than I&#x27;m doing all on my own?
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