... so, what.... I get the car on Monday 'till 4:00, and then you get the car Alternate Tuesdays, Then my manager gets the car on Wednesday and Sunday... and YOUR manager gets the car on Thursday and Friday morning.... Friday afternoons, we leave open for repairs and a carwash.
There's many items and perks that are used instead of "direct" commissions ...
Yearly lease car payments can be paid .. golf trip destinations .. College tuitions paid quarterly .. furniture .. multiple airline tickets .. home theater systems .. even remodeling ..
The favorites seem to be golf equipment and golf trips ... of course, plain old cash.
NO. I do not your arrangements, however normally commissions are paid as follows"
1. Buying Office Broker, then buyer's Realtor
2. Listing office broker, then listing agent.
So unless you've got four cars...it's too complicated.
A non-cash perk as an add-on can sometimes function as an incentive, but generally is less effective than cash.
Most Relators are independent contractors who must pay their overhead bsuiness expenses plus be able to generate an income to pay thier mortgage, car, utility, food and other living expenses. There is a common misconception that Realors make a substantially greater income than the average Realtor does in reality.
When a salaried sales staff working for a corporation is offered a contest and a chance to win a car or vacation for high achievements, it is in addition to compensation, not in lieu of compensation. Non-cash perks become attractive as add-ons, not as substitutes.
I have seen sellers offer a free car to a buyer w/ the purchase of a home. I think this gives more exposure to the property, but does not generate a sale in and of itself. The more buyers who look, the better oppty for a sale.......But......buyers will still comparison shop your property to others and go for the best deal.
When offering a car to a buyer, consult w/ your attorney and tax advisor.
For Realtor compensation, stick with cash.
It is not uncommon to see builders offer a car or extra $ to the selling agent as a bonus, not in lieu of a commission. As the other agent before me has already pointed out, the commission is paid out to the listing and selling brokerage houses and then divided to the agents involved.