Comments on: “My current Realtor raised her commission… http://blog.realtybaron.com/2008/04/16/my-current-realtor-raised-her-commission/ Real estate news and commentary from RealtyBaron.com Sat, 23 Jan 2010 08:24:43 -0800 http://wordpress.org/?v=2.8.6 hourly 1 By: Christal http://blog.realtybaron.com/2008/04/16/my-current-realtor-raised-her-commission/comment-page-1/#comment-49066 Christal Sat, 23 Jan 2010 08:24:43 +0000 http://blog.realtybaron.com/2008/04/16/my-current-realtor-raised-her-commission/#comment-49066 I am worth every penny I earn. There is so much more that goes into this. It all depends on how much money is spent advertising and if you are working both sides you are doing double the work. Double the work = double the pay. I don't care to cut some but there is no need to work for free. Work is hard enough and commissions are hard to come by when you have a family of 6 to feed. I am worth every penny I earn. There is so much more that goes into this. It all depends on how much money is spent advertising and if you are working both sides you are doing double the work. Double the work = double the pay. I don’t care to cut some but there is no need to work for free. Work is hard enough and commissions are hard to come by when you have a family of 6 to feed.

]]> By: Jonathan Benya http://blog.realtybaron.com/2008/04/16/my-current-realtor-raised-her-commission/comment-page-1/#comment-48889 Jonathan Benya Sun, 18 May 2008 04:55:10 +0000 http://blog.realtybaron.com/2008/04/16/my-current-realtor-raised-her-commission/#comment-48889 @ John Rakoci My mom uses the same rationale in her pitch when negotiating commission. Good thought, but odds are that your waitress isn't making enough money to drive a lexus or mercedes, which seems to be the realtor vehicle of choice. In all fairness, I'm not seeing a pinch where I need to raise my commissions about 6%. Why is this persons realtor suffering so much? I see low to mid-volume agents suffering, but it seems to me that agents who were top producers prior to the boom are still getting by just fine. Perhaps the problem lies in the agents own marketability? @ John Rakoci

My mom uses the same rationale in her pitch when negotiating commission. Good thought, but odds are that your waitress isn’t making enough money to drive a lexus or mercedes, which seems to be the realtor vehicle of choice.

In all fairness, I’m not seeing a pinch where I need to raise my commissions about 6%. Why is this persons realtor suffering so much? I see low to mid-volume agents suffering, but it seems to me that agents who were top producers prior to the boom are still getting by just fine. Perhaps the problem lies in the agents own marketability?

]]> By: John Rakoci http://blog.realtybaron.com/2008/04/16/my-current-realtor-raised-her-commission/comment-page-1/#comment-48888 John Rakoci Sun, 18 May 2008 01:22:30 +0000 http://blog.realtybaron.com/2008/04/16/my-current-realtor-raised-her-commission/#comment-48888 Any agent can list a property but not all can sell it. Not always, but most often you get what you pay for. I do believe no matter the commission percentage, the contract should state a lower commission if the LA brings the buyer. Think about it-- 6%, 7%, 10% -- when was the last time you tipped a waitress that much? Is selling your house not more inportant than putting a plate in front of you? Any agent can list a property but not all can sell it. Not always, but most often you get what you pay for. I do believe no matter the commission percentage, the contract should state a lower commission if the LA brings the buyer.
Think about it– 6%, 7%, 10% — when was the last time you tipped a waitress that much? Is selling your house not more inportant than putting a plate in front of you?

]]> By: Alice Spencer http://blog.realtybaron.com/2008/04/16/my-current-realtor-raised-her-commission/comment-page-1/#comment-48857 Alice Spencer Fri, 02 May 2008 11:25:03 +0000 http://blog.realtybaron.com/2008/04/16/my-current-realtor-raised-her-commission/#comment-48857 Outragous that she's putting the squeeze on you. Outragous that she’s putting the squeeze on you.

]]> By: West Toronto realtor http://blog.realtybaron.com/2008/04/16/my-current-realtor-raised-her-commission/comment-page-1/#comment-48854 West Toronto realtor Sat, 19 Apr 2008 19:03:29 +0000 http://blog.realtybaron.com/2008/04/16/my-current-realtor-raised-her-commission/#comment-48854 Good article! Commission is very sensitive topic, no realtor is presenting it much, on the other hand it's crucial for everyone. I am dealing with <a href="http://westtorontorealtor.com" rel="nofollow">West Toronto homes</a> and competition is very tight here, so it's almost impossible to rise commission, but US market, hit with strong vibrations is in different position. I think realtors who are able to sell property quickly are very rare and many people are willing to pay more for them, because they now if they will be hesitating their property will lose much more than 1%. Good article! Commission is very sensitive topic, no realtor is presenting it much, on the other hand it’s crucial for everyone. I am dealing with West Toronto homes and competition is very tight here, so it’s almost impossible to rise commission, but US market, hit with strong vibrations is in different position. I think realtors who are able to sell property quickly are very rare and many people are willing to pay more for them, because they now if they will be hesitating their property will lose much more than 1%.

]]> By: Landflip http://blog.realtybaron.com/2008/04/16/my-current-realtor-raised-her-commission/comment-page-1/#comment-48850 Landflip Fri, 18 Apr 2008 18:02:06 +0000 http://blog.realtybaron.com/2008/04/16/my-current-realtor-raised-her-commission/#comment-48850 I think most agents will agree that they cannot afford to loose a deal. Whether it is at 6% or 7%, the market is very tough right now. Not only are they paying for advertising, they are paying for gas to show houses or tracts of land that are 2 hours away. I think most agents will agree that they cannot afford to loose a deal. Whether it is at 6% or 7%, the market is very tough right now. Not only are they paying for advertising, they are paying for gas to show houses or tracts of land that are 2 hours away.

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