Brokers: Commission rates holding up in Florida
Market slide props up percentages as dollar volume drops
By Inman News, Thursday, February 19, 2009.
Whether they've had to take a cut in their commission percentage rate with the sale of a foreclosed home or saw a decrease in commission dollars per sale due to plummeting prices, many brokers throughout Florida have seen their income drop precipitously with weakened market conditions.
"People are trying to close sales any way they can," said Ellie Trahan, a broker with Golden Rule Real Estate in Ocala. "One of the first things that gets cut is the commission."
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