Quote:
Originally Posted by Normal
The agent, may make a modest living, but the real estate “AGENCY “ does very well for itself. Flat rates instead of percentages would be more fair for everyone. Not 60k for selling a million dollar home in a month.
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Agent splits in a company are negotiated when they come to work for a company. A small company has many expenses and they only get 10 to 30% of the commission. They usually split the commissions with other companies. Agents and the company have lots of money and time invested into selling a home. There are times you must sell the property several times even to get paid. Sometimes you can work for a year on a property and never get paid. If you are lucky you will have an easy sale every now and then.
Don't forget all the times they give a home value to a seller only for the property to be listed with another company.
Flat tax rates would be good though.