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To: where's_the_Outrage?

It seems agents are more interested in a quick deal rather than getting the best price.


2 posted on 11/15/2023 1:00:34 PM PST by TexasGator
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To: TexasGator

That makes sense—more volume is a lot more important than small percentage increases on each deal.

In an ideal world I would like to see agents gave sellers the ability to participate in developing a compensation system for each deal—using percentages or various incentive schemes that could be beneficial to both parties.

If speed is important there could be a bonus (or penalty) for that. If price is important there could be a bonus (or penalty).

etc etc.


3 posted on 11/15/2023 1:07:40 PM PST by cgbg ("Creative minds have always been known to survive any kind of bad training." Anna Freud.)
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To: TexasGator

Once an offer is made the commission system works against the seller.

If the house is listed for $350,000, a $325,000 offer means that the agent is only likely to make $1500 more to get a full price offer.

Better $19,500 in hand than a possible $21,000.

The percentage commission system is really rather absurd compared to a fee system.


5 posted on 11/15/2023 2:02:34 PM PST by Brian Griffin
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