
09-11-2014, 02:35 AM
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Quote:
Originally Posted by kstew43
If anyone, as a professional realtor, would pass over showing a listing because they feel that the commission is too low and more important than the potential sale of a home, to a client, then.....what can I say.
Listings in south florida, Broward, have been seen, at times, as low as 3%, I have seen them at 2%. 5% , as well as 6 and on the higher side 7%. Everythings negotiable and acceptable. The sherman act explains, expressing..."all realtors charge that fee, is unlawful" That is not what I was trying to communicate. Norm is the the wrong word to use in a listing appointment, but, most prevelant "norm" is a word I feel works for my point in my discussion.
My experiences, my views....
The villages listing agreement is not exactly the same, so I hear, to the listing agreements used by the Board of Realtors. If a seller cancels, the agent forfits any funds they used in the process of selling. Its part of the good and bad of sales, But read the contract....before you sign.... Also the length of the listing contract 3/6/12 months is also negotiable.
Good luck with your search for a realtor you feel comfortable with. Ask for references, thats your best way.
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You are seriously misquoting me. Let me make it more clear for you. If there are 6 properties that are paying say, a 6% commission, and there is one paying a lower rate of commision, I can promise you that it will be the six that will be shown if they fit what the buyer is looking for. It has nothing to do with professionalism; it has to do with economics. I will bet you a million dollars that you would also show those six propeties first. I did not say that the property listed at a lower commission would not be shown at all, but the chances are certainly a lot less than the others.
Yes, there are brokers that will list a property for 2% or 3%. I will tell you that they are not full-service companies and a seller takes his chances in listing with that kind of company. 5% is not unusual but I have not seen a 7% commissiion in many years unless a seller is desperate and does that as an incentive to get more showings and hopefully a fast sale.
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