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Can I change my selling commission?
You can increase the amount of selling commission offered through your local board's MLS® system but reductions are not permited. (As soon as your listing is processed by your local board's MLS® system, real estate agents may start working on your listing based on the amount of selling commission offered. There is no way to notify agents of a commission reduction so a commission reduction at this point may have no effect as a real estate agent likely will be entitled to the higher amount of selling commission already offered.) Having said that, if a real estate agent brings you an offer for less than your full asking price, you may ask that agent if they are prepared to accept less than the full amount of commission offered to make the sale. Please make sure any agreement to change the amount of selling commission is in writing. |
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