In response to market conditions, Wynd Realty has announced two new features to their agent compensation plan. Effectively immediately, the transaction fee for sales less than fifty thousand dollars (50K) has been lowered from $300.00 to $150.00. “Years ago when the company began we never envisioned that many home sales less than fifty thousand dollars. Sadly, that isn’t the case in today’s market”, said Jeff Bergstrom founder and Managing Broker of Wynd Realty. “Agents work just as hard closing smaller deals and make a fraction of what they used to make. We only thought it fair we lower our fees as well”, noted Bergstrom.
Wynd Realty is also announcing a yearly transaction cap for its agents that will begin with the calendar year of 2012. Starting next year, agents reaching a transaction plateau of $5,000, within the calendar year, will no longer pay the standard $300 transaction fee for each closing. After reaching the plateau of $5,000, agents will only be charged a $50 processing charge for all subsequent sales through the end of that calendar year.
Wynd Realty prides itself in being the low-cost brokerage alternative to traditional franchise formats. These new agent-centric features complement Wynd’s core philosophy of a common sense approach toward agent expense management.
Wynd Realty, founded in 2007, services the entire Atlanta Georgia metropolitan area with an active roster of over 250 agents.