Real Estate Broker

Joined 02/10/2008

Lorraine Schindler

CEO

Lori Schindler Realty Com

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(518) 279-1900

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  • "Share The Pain" Doesn't
    By Lorraine SchindlerNovember 15, 2009 - 12:36pm

    "Share The Pain" Doesn't that send the message that we aren't worth what we are charging in the first place? $1600 is a lot of money on a low end property. In most instances a high end property won't fall apart for $5000. Comissions are based on the what the cost of doing business is and what it takes to do the best job possible in representing clients while still making an adequate living. Holding onto our commission is what allows us to be in business. Once it becomes known that it is a practice to cut commissions it will be expected. A cooperative agent should expect to be assured of the cooperative offering that is in place at the time of the contract, otherwise how can we expect agents to live off of what they make selling real estate; and listing offices/agents should be able to cover the costs of holding/marketing the listing, and still show some profit.

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