I was curious to find out what is working out there with regard to various types of "move-up" programs. Do you typically offer a break on the commission to sell a home if you are representing them on the purchase of their next home? If so, how much is enough?
I usually will not cut our commission unless there is a good reason to do so, like they are a past client moving up (or even moving away after a short time), or someone purchasing a much more expensive home.
We have a couple of arrangements with builder friends who will recommend us to represent buyers who do not have an agent, and we will usually list their homes for a much lower fee in order to get the larger new home deal for essentially very little effort.
Have you had any success with implementing this on a larger scale? I have heard stories about local agents who visit builders with breakfast tacos, but I don't really want to feel like a title sales rep bringing donuts. It somehow cheapens the experience in my opinion. However, who am I to knock it if it works? I was thinking it could be a great source of less expensive listings, which are moving briskly here in Austin.
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