Asked by Jean, Perth Amboy, NJ • Wed Sep 25, 2013
Several agents mentioned agents reluctance to show buyers other brokers listings where the commission split is low, or where seller only offers broker 3% commission, leaving less incentive to selling agent. Isn't that like cutting off your nose despite your face? Isn't earning some commission better than no commission. Is that much work involved that it's not worth the effort? Aren't agents better off getting out into the field to network & find customers? Seems like lame excuses for not accepting lower commission percentages. As home prices rise the money is good even at 2%. Cost of advertising seems to have abated as many sites have fixed annual fees to join or offer no fee. At times you strike out, other times you get a hit or home run. Seems with low market inventory there would be more price competition between brokers, or is there just a conspiracy to keep commission percentages above a certain floor to keep the business listed as a profession?
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