Dear Grumpy Realtor,
I’m trying to locate a trustworthy realtor, but I also don’t want to spend more money than I need to. Are realtor fees negotiable, or am I just being “Cheap”?
Dear El Cheapo,
You’re trying to take food right out of my kids’ mouths! But if you insist on being el cheapo, I will tell you that realtor fees are required by law to be negotiable. But before you go tightening your purse, remember that realtors make their money from commissions. No sale means no pay, no matter how much legwork they’ve put in to find you that perfect home. Also, that seemingly fat cash pie listed in escrow as “real estate fees” gets sliced up into so many tiny pieces that your realtor is often lucky to get a whole plum. Let the pros have their pittance, will ya? By the way, when buying a home the seller pays for your realtor fees, not you.