8z In the News - Shawn Li

8z In the News - Shawn Li

"As Denver’s real estate market evolves and home prices drop, will sellers turn more to negotiating commissions to maximize profits?

Before hiring a real estate agent, getting two or three quotes to find out precisely what services agents offer is critical.

“You get what you pay for,” says Shawn Li with 8z. “With at least two estimates, you can use the proposals as a litmus test to judge your potential agent’s abilities.”

Sellers typically shoulder the cost of commissions for both their agent and the buyer’s agent since those fees come out of the closing price. But because most sellers factor this sum into the asking price, buyers also help pay that cost."

Read the full article to learn more about how sellers are negotiating agent commissions.

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