Do you see this too? 4% commission for the selling agent on a bank owned property in Saint Petersburg Tampabay.
Over the last few weeks I see more and more 4% commissions for selling agents when it comes to REO properties.
To say the least, here in Saint Petersburg Tampabay we have a very challenging real estate market.
Regular sellers try to negotiate the lowest commission possible with their listing agent and now on top of being up against extremely low asking prices these sellers also have to face a 4% commission to selling agents on bank owned properties in our Saint Petersburg market. Never a dull moment in Real Estate.
Do you see the same trend in your area?