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Everyone should have to work on commission!

Reblogger Dan Benefield
Real Estate Agent with Benefield Realty

I agree with this & would take it further than banks...interesting post from Jerry Murphy.....

Original content by Jerry Murphy, CRS, SRES AZ RE Lic. #SA560004000

How's that grab you, all of you free market proponents?

Commission based pay.  For everyone. The ultimate in free market economics.  In essence, put up or shut up.

My suggestion is bred from the frustration all of us who are on a commision based pay structure have with those who aren't.  Namely, BANK EMPLOYEES!

You see, we, the commission based agents, have a vested interest in making real estate transactions, ie. short sales, come to fruition.  They, the BANK EMPLOYEES, often do not.

We, the commission based agents, care about the clients we are working with and don't want their lives to be put on hold while awaiting approval on HUD-1 statements.  They, the BANK EMPLOYEES, do not.

And we, the commission based agents, have to handle the rage, disappointment and threats of canceling deals from our frustrated clients.  They, the BANK EMPLOYEES, do not.

So, I propose that our Capitalist, free market system, get a little MORE free market, and let's see if the cavalier, don't give damn attitude type BANK EMPLOYEES survive for more than a week in our world.

My guess is they'd starve.

That's my rant for today.

 

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Daniel J. Hansmeier
Rochester, MN

At least they could do a merit pay based on performance so they have some incentive to produce.

Jun 04, 2010 04:57 AM