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 the listing broker on our team. Right now they are spending more time with each buyer, and doing more counseling. We double end less than 10% of our team listings. It would be nice to list at a given percentage and have the buyer broker include in their offer what funds will go to them as a fee at the closing out of the monies they, the buyer, bring to the table. Think about it. Give it some thought. It works very well, and they get paid for the job they do.It make them a better salesperson, and the buyer get better service. Before this all starts, they work with only buyer who have signed a buyers broker contract. A full explanation of how we represent them, and a written commitment of what we do for them.It is GOOD BUSINESS, and very open as to the services we render to the buyers.
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