BrokerageIndustry News

Uneven commissions spark heated debate

Brokers, agents differ on whether practice is fair, ethical

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Whether it is a "sin," a "right," or something in between, the practice of uneven commissions between listing brokers and buyer-side brokers appears to be on the rise, according to an informal Inman News survey. The latest tally of survey results found 83 percent of respondents saw "a growing practice of uneven commission splits between listing agents and buyer's agents." But survey participants expressed wildly different views on whether this practice is fair and ethical, and whether uneven splits should favor the listing side or the buyer side. "I believe (the practice of uneven commission splits) is a sin and that we are heading down a very scary road," stated Robert Levering, a Realtor for Coldwell Banker Bellbrook Realty in Long Island, N.Y. "Why can't we work together as professionals and learn to validate our profession and the services we provide? Through weak skills and lack of proper training this industry continues to self-destruct." Michael McGee of Coldwell Banker Burnet ...