The buy-side of real estate compensation
Flaws persist in pay system, say some buyer's agents
By Gilbert Mohtes-Chan, Tuesday, February 24, 2009.
Flickr photo by ralphbijker.It wasn't always easy representing just homebuyers.
Thomas Early recalls colleagues refusing to let him show their homes. He remembers a major brokerage offering him only a 1 percent buy-side commission.
"We were the oddballs," said Early of Buyers Real Estate Brokerage in Columbus, Ohio, which represents only homebuyers and does not accept property listings.
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