The 3% should come out of the sale price like it would have had you listed it.
Counter a price that includes most or all of it.
I realize that, but I’m asking for an opinion as to whether in this case the 3% being asked for from us is all the agent would be getting or would the buyers also likely be paying something to their agent?
Generally, a listing agent gets 6% and shares half of that (3%) with the buyer's agent. So, you would be saving money over having your own agent. You have to decide if that savings is worth not being represented by an agent yourself.
Thanks for the information everyone.
So seems to me to counter by raising the asking somewhat and then reduce what the commission the buyer's agent is asking for. She'll still likely make nice fee from us.
After that though, what else would we want to think about going unrepresented? I'm thinking of the scene from The Big Short where the dude calls Ryan Gosling and asks him how he is going to fuck us. What should be our strategy to limit any other bullshit moves this agent my try to pull?
Whatever you decide to pay them, make them sign a release as a condition of getting the check. You don't want their contractor to find even more things to fix on your dime.Dammit I come here looking for permission to get out of this and only get sense spoken. We will just pay him off