I'm worth more than every penny I will ever make, so to put it in those terms is just asinine. (no offense.)
IMHO, for those of you who believe that those who cut their commission are incapable of negotiation strategy, you've got it completely backwards. It shows flexibility. I truly hope that if/when you find yourself in a moment of need, you don't meet yourself.
I take an altruistic/humanist approach. If someone is in need, why not? I have done it before, I'm sure I will do it again...because I am a giver. That's why I am in the service industry. Sometimes agents are at the mercy of their broker, or their pride, whichever the case may be-- this business is about negotiation.
If you are so weak you can't negotiate and justify your commission why would I hire you in the first place. I know that sounds harsh but no harsher than your answer.
The NAR says all commissions are negotiable, NAR's own survey says we don't earn the commission we charge.
I don't reduce my commission I negotiate services and get paid for what I do. There is a difference.
Just check today's Topic of the Hour and you will reach some sort of conclusion after they educate you..
All being commented on at the same time you posted your question so between them and the responses on your Question you should as a Consumer be able to reach some sort of feeling of who you want to Hire Services from.
I will say this much....The Quality of the Agent you decide to Hire will not be determined by the Commission they charge. (That is just a dumb claim) it will be determined by their character and Professionalism. Many Agents that charge more are just charging more simple as that.
Determine your goals, interview Agents, find one that fits your needs, there are many many Agents to choose from all of whom are selling services. Good ones, Bad ones and what they charge has nothing to do with deciding which group they fall in.
As far as all the ...I won't work for less than because blah blahing....YAWN
Good luck, Dunes
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