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

by cploonkeron 5/3/2017, 4:26 PMwith 4 comments

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.

So i offered the following: "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"

Since nobody accepted, i am curious why would the seller brokes not put their skin in the game?

by JSeymourATLon 5/3/2017, 5:42 PM

> 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"

The propositon as framed, sounds all or nothing. You as the seller ultimately control the acceptable offer price. Relative to 100s of calls, that'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.

A good question for these guys might be, how would you sell my property faster/better/smarter than I'm doing all on my own?