When buying a house, has anyone had luck using the listing agent and negotiating a discount based on getting them to lower their commission to the seller for representing both sides?
For example…traditional commission is 6%, split 3% to the seller’s agent and 3% to the buyer’s agent. If I use the listing agent as my agent to buy the house, would he consider lowering the 3% buyer’s commission by say 2% so I can offer a lower price that would be net neutral to the seller?
We are considering offering this to a listing agent to see what they say with the thought that they are better off with this offer to get an extra 1% (4% total) vs. us using another agent where the listing agent would then get only 3%.
Thoughts? My husband is convinced this will work and I’m convinced it won’t work.