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Commission to buyer broker - 12/20/09 02:15 PM
Wow, I must have hit a soft spot. So many replies.Keep the same, nickle and diming things to wanting to double all transactions, to look out side the box, but lets duck back into the box. When you think about it doesn't the buyer brings all the money to the table. We as listing agents explain how it gets divided up. Let me offer some other thought. First, I am a listing agent on our team. Our buyer brokers are free to negotiate their fees above any fee they consider to low for their services. Cool. They have ben getting paid better than
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Commissions and how they are presented - 12/20/09 09:54 AM
I wonder, and think about this a lot with our changing business. Why do I as a listing broker determine the buyer brokers fee. Should I not present to our sellers what I am worth earning, and the buyer broker sign their contract for fees with their buyer. This way when an offer is presented, we as a listing broker will bring the net result to our seller, and what expenses brought the net result to them. It would sure clear the air on Dual Agencey, or at least give the seller a chance to see where all the money is
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Bill Fooks
West Warwick,
RI
More about me
Coldwell Banker
Office Phone: (401) 739-9500
Cell Phone: (410) 639-7657
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