can i suggest growing your channel?

Right. Buyer's commission is negotiable. Wink Wink.

Hi, I would like the property tax chart please. Sending the email now.

I'm not really a fan of the beach so I think I should be good over there

I have another suggestion, I'm a buyer too and I've come up with a commission structure that really works for the buyers. It's a long explanation below but in but shell is like I give a fixed amount to my agent + % of price they can negotiate down from CMA (comparative market analysis price, not the list price cause list price can be anything) I have 2 models which can aligns buyer's interest and the buyer's agents interests. Let say for a house that is listed, its average CMA price is at 550K. So, if the seller is selling it for 550K with buyer's commission included in it, is equivalent to them selling for 550k-2.5% = 536,250 without the buyer's commission included. In other words for the seller, selling it for 536250 with buyer paying the commission is equivalent to it selling for 550K (full CMA price) with seller paying the buyer commission. Lets Call this (CMA - 2.5%) = control point "Cp". My 2 model are as follows: Buyers agent commission = fixed component (say 7500) + (Cp-sale price)*10% ie: fixed component + % of amount negotiated down. for eg if buyers agent is able to negotitate down 20k then they will get 10% of 20K = 2000 more in commission. just like how sellers side get more if house price sells for more. This only makes the game fair. OR Buyers agent commission = 1.5% of Cp* (factor which increases based on amount negotiated down). so exact formula is: 1.5% of Cp *(Cp/sale price) *1.08 = Cp2 /sale price *0.0162. This gives buyers agent a decent kick back in commission for the price that is negotiated down like in the previous case.

Hi Lydia. i would love a seller’s guide! :)

Thanks for your useful information. Can I have the Seller’s guide? Thanks much. 😊🤗

🤮hio. Just say NO. I am packing up to leave as it is.

I give away soo much stuff for free I can get rid anything on fb for free. We have 3 soon to be 4 people living in a master bedroom that's been turned into a studio apartment. We are getting ready to move down into the basement of the home which is currently being finished wit laundry room an bathroom an kitchen an family room an 2 small bedrooms so we will have more room but it's only about 500 to 600 square feet all together an I don't wanna clutter it like this studio bedroom is

Be careful buyers Think of them as USED CAR SALES PERSON

Since you admit it's not true, STOP SAYING "NOBODY WANTS YOUR STUFF"! It's insulting. Somebody will buy some of your stuff, some will take what's given, and some of your stuff is trash. THAT'S how it breaks down.

Nice video on explaining the different items , but wouldn't most of these be listed on the "net sheet" and just pick the best one

Sitting on a 2.7 mortgage. Listening to you, I just might hang on until I die.

Most likely your listing agent knows a neighborhood and can sell all the good points; however, your listing agent isn’t the only agent who will show the house. Another agent may not be at all familiar with a neighborhood. If someone is looking at your home a 2nd time, I believe “accidentally” running behind on leaving the house and being there when they arrive is not a bad thing. It gives the owner a chance to ask the potential buyer “Do you have any questions for me” or “Is there anything you need to know”. The key here is to be very aware of the cues the potential buyer is giving off. If they immediately engage, okay; but, if they look startled or hesitate - apologize and leave immediately.

Out of all those 10 places I'd have to say Oakwood is the best. Especially since that's where Ashley's Pastry Shop is located 🤤

Enjoyed video, thank you! As a side note, so nice to see a girl with natural beauty...not plastered in make-up.

Can you send me your number please

DON'T! I'm not a native Ohioan, and I'm here for my wife, who is native here. You want heroin, come! You gotta drive at least an hour to get hills and real outdoors, not the Metroparks they call wilderness. Cost of living here is cheap, however.

Does this also include new builds.

I'm sorry there's so much negativity here - Ohio has a lot to offer, especially the Miami Valley area. I drive all over the area for work and can easily say the good areas definately outnumber the 'bad'. The cost of living here measured against the income levels is actually quite good. It's not the booming place it was in the first half of the 1900's but we've been able to avoid a 'Detroit' like catastrophic situation where blocks of houses are getting bulldozed. There are quite a few educational institutions here, we have a decent Minor baseball league, several built up shopping areas and a very large military base that all surround the Dayton Metro area. So having said that, I'm your neighbor in the New Carlisle area, which is getting ready to go through a tremendous growth boom! Thanks for putting so much effort into promoting all the communities!

Dayton has cleaned up massively and gotten tremendously safer since the Detroit mob took over several years ago. I'm glad I moved here 20 years ago now.

I would never move to Dayton. Made the 7th highest drug city in the states. Dayton is a drop zone for drugs to be moved to Detroit.

Hi, I would like the property tax chart please. I also submitted an email.

I like you 💓💓💓💓💓💓💓💓💓

Working with a few listing agents, they’ve never been transparent, they gloss over commissions, industry standard gets thrown around. More people should do for sale by owner and buyers go and buy along with an attorney. Get the comps from these MLS sites and do your homework.

Love how someone is moving to Ohio…god help you.

I have been sharing that the buyer has always paid Realtor fees. The buyers bring the money, not the seller. I wish people would use the correct terms. IE: Fee is collected by one who has a fiduciary duties. Commissions are paid when sales-person represents the company, and work to make the company as much as possible. Realtors, like attorneys, collect fees.

Hello great information here. Just need a little clarification when you stated that your fee for representing the buyer is 3% and if the seller is offering 2.5% commission that you would accept a 2.5% commission from the buyer instead of having the buyer pay the extra .5% commission. Could you also instead choose to have the seller pay the 2.5% commission that was offered and have your buyer pay the .5% difference.

I’d like a sellers guide please. Love the tips! Thank you.

This woman is trying to deceive you. Don’t take any of her advice. Realtors should be receiving nowhere near 2.5% commission.

Religious items are too specific and should be removed too. Good video.

Do you have a trusted referral for Columbus OH?

How can a buyer negotiate a fee with thier agent, when they have NO idea how much time, effort or expertise the agent will provide ? ie: 2 hrs., 2 days, 2 weeks, 2 months or longer

Thank you for the excellent information on this topic. There are a couple of things that seem clear to me going forward. There is now going to be more scrutiny on the fees paid to agents. Even though fees have always been negotiable years of precedence have resulted in 6% being "required" in the eyes of many customers. That has now all changed and many sellers and buyers are going to closely evaluate the asking fee of the agent vs the perceived value that the agent provides. To put this in clearer terms 3% (typical buyers agent compensation) of a typical home sale is a lot of money. There are going to be a lot of folks who may balk at having to pay that amount or having that amount affecting the negotiation of a sale price in order to buy a property. The other thing that is going to become important is communication by the agents, this is something that is a common complaint about agents, i.e. they are bad at it. This is something that will need to be improved for those agents who didn't consider it a priority in the past.

Before or after the NAR settlement, sellers have always borne the cost, and they will continue to do so if they choose. The reality is that sellers can write off these expenses on their taxes, not buyers (unless they pay for them out of pocket). Despite the narrative, buyers never truly paid these fees, because if they had, they would have been able to write them off on their taxes. That's why buyers were never required to be informed of these fees-it simply wasn't their concern. Now, after the NAR settlement, buyers who don't have the cash are facing a tougher market, as their homes just became more expensive, thanks to KetchFilthMark and the DOFEEKINGJ.

My prediction is listing agents will eventually become very rare. A surge in FSBO incoming. If you are an agent, I recommend that you focus on being a great and valuable buyers agent.

I’ve sold many houses without an agent. It’s not complicated. Complete a disclosure form and lead paint . Come to an agreement and have a title/escrow company take it from there for $400. Save 10’s of thousands $$$$

Never trust a reporter who says REAL-ah-Tor. It’s Real-Tor. There is no “ah” between the two. Just another thing they got wrong.

Thank you for the heads up on the audio 😊it meant a lot

I pay cash, so, all the cash in the deal is mine. If the seller negotiates with the seller for a percentage and the buyer agent wants a cut that could be as much as 6% and 3% for a total of 9%. The buyer agreement wants you to go into a deal with out knowing what will happen at the end already agreeing to a percentage. Seems a very poor negotiating tactic. It looks like this is all on the side of the brokerage. What's next? Sign a buyers contract with a car dealership salesperson for a certain percentage of the sales price? Pay to buy? The buyer's agent is bringing a buyer to the listing agent, this has traditionally been considered a "finder's fee". This all adds a layer of needless bother. I have a buyer's contract in front of me. You would have to be crazy to sign this on the spur of the moment. You need to have a lawyer go over it with you, fill it out and have it ready to present it to the real estate person, whether a buyer's agent or a listing agent.

Your video fantastic

I bet the average realtor spends less than 2 hours with a buyer lmao

Can you imagine a car salesman saying I'd love to show you this car and let you take it for a test drive, but first you have to sign this agreement. And the agreement says if you buy the car you'll owe me a 3% commission and you'll have to pay the dealership a $500 retaining fee. And even if you don't buy the car you'll still owe me and the dealership money if you buy one from someone else in the next 6 months to a year, depending on the contract's termination date. I can't imagine it, but I guess realtors can

Are you aware of the Zillow 7 day Touring Agreement in which no committees are made? If so, what do you think?

Hi lidya, great video. Question if possible! What is the average sold homes price in your area?

Excellent video. Someone tech savvy needs to set up a separate website where all agents place their listings only to indicate the status of the commission. The website would be separate from any Realtor or MLS ties.

I have bought several houses and NEVER been informed that I could negotiate the commissions. Never. They gloss over the “customary rate” and move on to the next page. You did this to yourselves. Now it’s a worse mess. Like a car salesman, commissions based income forces manipulating and dishonest transactions.

Yes. 🤔the buyers have always brought the money. Point taken. Good point. This is a well-thought out video, that being said…. As a buyer planning to buy in the next 6 months, and having been researching intensely since this NAR settlement change, I’m feeling like there’s no point in engaging an average agent. *see point further down From my perspective as a buyer, no seller will lower what they have their home listed for - why would they? Rather, they’ll just keep the former buyers agent commission (already in the cost of the home) for themselves. It’s no problem to wait for another buyer with deeper pockets or willing to take out a larger loan. What does that mean for buyers? Hmmm 🤔 Option 1: a buyer can take the real estate course for 75 hours and $500 and represent themself. Then the control is in their hands and not in some back room agreement like in the past... or in this new arrangement whatever it’ll work out to... Informed buyer. Maybe not experienced but at least informed. Option 2: interview potential buyers agents to find a responsible and good negotiator with experience. Repercussions? Get “less” house because the commission comes from my pocket and the houses are the “same” cost. *ALSO Will I be able to find an agent that will do more than unlock doors and indicate where to sign on paperwork? During my online research I’ve heard from the mouth of real estate brokers that they and their team are holding off on representing buyers for a while… 🤔 How many agents will be doing that? Will I even be able to find a buyers agent I can work with, with confidence? I have a list of questions gathered from my research in the last few weeks. So far every agent I’ve asked has just wanted me to believe them that they will negotiate from the seller - while asking me to sign an agreement that if they aren’t able to negotiate, they will be paid directly from me. (Yes. Got it. The money has always come from the buyers… ) Option 3: Do both option 1 and 2… and it costs me an agent buyer commission AND extra time and $500 to know as much as a prospective agent who wants to write the exam to be a real estate agent. Option 4: WAIT - See where it all nets out, eventually. Keep my ears and eyes open and learning as agents and brokers, NAR and all the players in the game decide on rules. Option 5: Any other suggestions? Overall I feel like l, as a buyer, am not represented in this debacle that highlights, all around, how this buying and selling of real estate is a game of roulette. OK. My rant over - feeling quite discouraged and manipulated here as a buyer as the real estate agents say “we didn’t do anything wrong, why did NAR settle?” and “nobody works for free” over and over… Again - your video is good and quite enlightening … especially from the perspective of an AGENT. One caution is to “hear” yourself from the perspective of a buyer or seller. Because you’re being watched…. I truly wish you well and appreciate the information you provide.

Agents always say “the fees have always been negotiable” true but if you didn’t agree to the “standard fee”, agents would often steer buyers away from those houses. This is a fact but realtors don’t want to talk about that.

It should not be built into the list price. Because that is the opposite of transparency. If you try to put it in the list price now it will have zero transparency now since you aren't allowed to put the commission fees on the page. Just because you know doesn't mean a buyer or seller knows. Edit: The simple fact is you're already living in the past. There is no longer a need to call listing agents to see if they offer a fee. The buyer should directly be paying their agent. THAT is what you call a straight forward transaction. Sellers offering the buyer's agent a fee is a thing of the past. But sure it will take some time to get used to.