20% Rebate for Buyers
$3,500 Flat Fee for Sellers
2% Full Service for Sellers
Buyers do not see what buyer's agents are paid.
Buyers only care about the price of the property, not the commission paid to their agent.
The MLS allows you to enter any compensation you want.
The Honolulu Board of Realtors has a rule that makes them non-negotiable once the offer is received. Everything else on the offer is negotiable other than the buyer's agent commission.
You can read an article below that I wrote on this subject for Inman News.
Buyer's agent commission is negotiable: Why your sellers deserve to know
You can also read an article put out by the National Association of Realtors saying the Buyer's Agent Commission is negotiable.
Code Comprehension: Article 16 — Commissions Are Negotiable
# of Listings | Compensation |
966 | 2.5% |
325 | 3% |
102 | 2% |
# of Listings | Compensation |
8813 | 2.5% |
1993 | 3% |
839 | 2% |