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Robert Havana, Alberta Real Estate License Parking (Park and Protect- Alberta Real Estate License Parking)

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Rainmaker
1,844,301
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

I say we don't discuss the topic at all.

Jun 07, 2016 09:37 PM
Rainmaker
5,104,931
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

% of sale price.

Jun 07, 2016 08:55 PM
Rainmaker
5,772,575
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Robert,

I agree with Lyn Sims 

Jun 07, 2016 11:57 PM
Ambassador
5,049,488
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Not sayin'

Jun 07, 2016 11:54 PM
Rainmaker
1,239,901
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Should be based on hours spent like lawyers,

Jun 07, 2016 10:34 PM
Rainmaker
2,220,654
Anthony Acosta - ALLATLANTAcondos.com
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Amen Lyn Sims 

Jun 07, 2016 11:20 PM
Rainmaker
2,781,313
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

As long as it is six of one and a half a dozen of another it doesn't matter to me

Jun 07, 2016 10:54 PM
Rainmaker
5,217,433
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Not a topic I want to discuss!

Jun 07, 2016 10:02 PM
Rainmaker
4,434,127
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I do not discuss commissions online.

Jun 07, 2016 09:40 PM
Rainmaker
989,652
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

% of sale price is fine with me - most of the time

Jun 07, 2016 09:23 PM
Rainmaker
2,182,552
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

Small $$ upfront & % of Sale Price

Jun 07, 2016 09:17 PM
Ambassador
2,684,209
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Sorry, I cannot discuss commissions with other Brokers or their Agents.

               

Jun 08, 2016 04:52 AM
Ambassador
3,345,257
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Whatever is negotiated. 

Jun 08, 2016 01:46 AM
Rainmaker
516,537
Brenda J. Andrew
ULTIMA REAL ESTATE - Willis, TX
Professional Realtor in Conroe/Willis, TX

% of the sales price - unless the price is too low then a flat fee

Jun 07, 2016 10:52 PM
Rainmaker
628,914
Buzz Mackintosh
Mackintosh REALTORS - Frederick, MD
“Experience, reliable, leadership”

If you are working for Seller , I would recommend % of SP. Greater incentive to get the best price for the property

Jun 07, 2016 08:51 PM
Rainmaker
4,572,645
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

I prefer to listen to Lyn Sims.

Jun 08, 2016 09:59 PM
Ambassador
3,164,294
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

My preference is staying out prison by not discussing commission with agents not at my firm.

Jun 08, 2016 01:21 PM
Rainmaker
1,771,867
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

I agree with Lyn Sims 

Jun 08, 2016 01:04 PM
Rainmaker
4,936,727
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

% of sales is what I perfer.

Jun 08, 2016 03:12 AM
Rainmaker
1,525,616
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

I go with our office policy which is not based on a flat fee. Many members are hesitant to answer this question at all as you can see from some of the answers.

 

Jun 08, 2016 12:48 AM
Rainer
69,794
Shawn and Angela Miller
Berkshire Hathaway HomeServices Amabassador Real Estate - Lincoln, NE
Lincoln and Omaha, NE REALTORS®

% of sales prices for me unless it is a very low priced property, than flat fee.

Jun 07, 2016 11:43 PM
Rainmaker
5,583,278
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

my main focus is on making the phone ring and getting hired.... 

Jun 07, 2016 11:36 PM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

parked and reading

Jun 07, 2016 11:11 PM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

There are more than two business models that affect the fees associated with professionals services.

As noted by others, more needs to be known about the subject marketplace in addition to the capacity of the business offering the service. If success is dependent on volume, the organization must have the infrastructure and budget to make a volume model work.

Depending on the problem that is to be solved I can offer either choice to the buyer or seller. Success depends on preventing mission creep. Discounting plus full service means someone is not being truthful.

My PREFERENCE is the FULL service model (in the true sense) with compensation based on a percentage of sale. However, a dynamic is in transition that challenges that model and the astute business person needs to move away from the 'One Size Fits All' mentality unless the limited model is embraced and 'no touch' applies to all clients. The limited service, never leave your desk model, can work.

Jun 07, 2016 10:29 PM
Rainmaker
1,544,068
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

Depends on the circumstances; percentage 99% of the time, but I've done flat fees where it was a done deal I was hired to essentially just shuffle paperwork. No labor off the computer essentially.

Jun 07, 2016 09:08 PM
Rainmaker
7,836,623
Roy Kelley
Retired - Gaithersburg, MD

Percentage.

Jun 07, 2016 09:03 PM
Rainmaker
3,626,530
James Dray
Fathom Realty - Bentonville, AR

It all depends on the price. 

Jun 07, 2016 08:26 PM
Rainmaker
1,153,794
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

No preference, it's a matter of the terms we can agree to.

Jun 07, 2016 07:57 PM
Rainmaker
1,090,922
Diana Zaccaro Broker Associate
ZOOM Realty Group - Cocoa Beach, FL
"The Accidental Blogger" Cocoa Beach, Florida

Discussing commissions in any fashion is a very slippery slope here in the United States due to anti-trust laws. Perhaps things are different in Canada?

As many others have said, this is not a topic I will discuss.

As an aside, Roy Kelley posted an interesting anti-trust question the other day that might help you understand our laws.

I posted a quiz on anti-trust law from NAR as a follow up to Roy's post. Perhaps that will also help you see why this is such a controversial topic for us.

 

Jun 09, 2016 09:03 AM
Rainmaker
900,278
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Isn't a commission same as % of sale price. The fee structure can be anything you negotiate. 

Jun 09, 2016 06:24 AM
Rainmaker
1,622,432
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

It is always % of a sale price. But I would not mind flat fee for each service, clients would see how much we do. 

Jun 08, 2016 05:52 PM
Rainmaker
533,993
Robert Havana
Park and Protect- Alberta Real Estate License Parking - Calgary, AB
Alberta Real Estate License Parking

totally shocked at how misinformed so many established agents are in believing they can't answer such a question.  Its actually embarassing.

Jun 08, 2016 03:17 PM
Rainmaker
3,986,258
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I do both...Flat on small priced properties

Jun 08, 2016 01:26 PM
Rainmaker
713,482
Sharon Kowitz
CRS-SRES-ABR-GRI-E-Pro-CREN ~ COMPASS RE - Cary, NC
Cary, NC Relocation Specialist ~ Buying or Selling

% of sales price

Jun 08, 2016 12:53 PM
Rainmaker
1,503,048
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Depends on the listing and a few other factors.

 

(There did that answer the question while avoiding anti-trust grey areas?)

Jun 08, 2016 11:01 AM
Rainmaker
4,800,082
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I would prefer a pay as you go fee for work performed.

Jun 08, 2016 06:25 AM
Rainmaker
519,324
Dan Tabit
Keller Williams Bellevue - Sammamish, WA

When I'm a consumer, I want to know that the person I hire is committed to our goals. A flat fee service seems cheaper, but the commitment is missing as they receive little if any benefit from the outcome.  I practice a percentage and believe it connects me to the clients best possible outcome.  

Jun 08, 2016 05:37 AM
Rainmaker
4,883,260
Richard Weeks
Dallas, TX
REALTOR®, Broker

My business model is not fee based.

Jun 07, 2016 11:14 PM
Rainmaker
556,536
Greg Cremia
Shore Realty of the Outer Banks - Nags Head, NC

I prefer a flat fee upfront like every other service provider. But not a discount fee for partial sevices. Set fee, paid for services provided just like i pay everyone else regardless of the outcome. But sellers don't want to pay upfront, so they end up paying a commission.

Jun 07, 2016 10:56 PM
Rainmaker
1,466,207
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Robert May Consulting on an hourly basis.

Jun 07, 2016 10:56 PM
Rainmaker
1,683,912
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

That's one subject that we don't discuss.

Jun 14, 2016 03:09 PM