I know how to spell commission, but I was trying to make a point. I read in the papers that some executives are forcing employees to train their lower-paid replacement. Sometimes they are assigned to work alongside programmers from India, who will end up taking over tasks formerly done by Americans. This process is called Knowledge Transfer (or KT). In our industry we are observing the same behavior. Some of us are doing the same job for our clients for sometimes less and less commission. I saw an advertisement for 1% listings. I wonder how does that work? Actually I don't care, but it's sad that we as Realtors are hurting our own industry by implying that we don't reserve which is rightfully due to us. I wonder if those "cheap" agents fully disclose to their clients that they are being forced to cut corners in order to do what it takes to sell their home. I feel like my profession is outsourcing to limited service agents and what kind of problem this may represent to seller if they are faced to future problems and their agent refuse to help them, because "it's not part of their job description.
I don't know how these agents can look other agents in the eye, or themselves in the mirror.
Comments(3)