Alternative business models that offer new commission models including a reduced commission in exchange for less service typically explode in seller’s markets. Do these models represent the future, or will most disappear in the next downturn?
- Cutting commission is a losing proposition.
- Not all agents are worth full commission, but there are plenty of stellar agents who are.
- In seller's markets, it's easy to put a listing under contract. But in a buyer's market, it all changes.