Commissions: What agents offer when selling their own
By Jessica Swesey, Wednesday, May 2, 2007.
Had lunch with a broker friend last week and we got to talking about real estate commissions. She thinks it would be really interesting to do a study on the commission rates that real estate agents offer when selling their own homes. She said she's amazed at how agents will offer the buy side as low as 1 percent with a straight face and then turn around and explain to their seller clients why it's important to offer buyers' agents 2-3 percent.
It's been awhile since Inman News dipped the thermometer into the commission ocean. What is going on out there? Commissions up and sailing well? Slower market prompting sellers to pay top dollar?
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