Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Captain Bill, I know of at least a couple of Realtors who offer those options as part of their service, and who report that the vast majority of consumers go for the agent taking all the risk rather than being paid by the hour or by the specific service whether the house sells or not. Apparently the vast majority of consumers would rather risk paying more if their house sells than paying less for specific services or hourly services and carrying the risk themselves.
I think that's also the way most people will go here, if I were to develop a price list.
However, I'm considering having a small retainer fee with the commission structure that's refundable at COE, in order to week out the tire kickers.
It seems to me that this will also stop those who think they are entitled to part of the Realtors commission, because they don't understand the insurance reason behind the commission basis. They have that choice. If they want some of the commission, then do the fee by service.
Our profit margin is not great so I was hoping someone would work with us.
Since others already mentioned the main issue, I'll mention this one. Your profit margin isn't great? Did the real estate agent make the investment in your home or did you? Are you going to share your profits with the agent? The agent didn't buy your property, you did. You risked the investment gain or loss when you bought. If agents wanted the risk, they would buy their own investments and take their gain or loss.
Just because your profit isn't great, why would someone else need to reduce their profit/salary? It's not an eye for an eye. You invested as a home owner, and the agent is working to sell it as it's their job.
Since others already mentioned the main issue, I'll mention this one. Your profit margin isn't great? Did the real estate agent make the investment in your home or did you? Are you going to share your profits with the agent? The agent didn't buy your property, you did. You risked the investment gain or loss when you bought. If agents wanted the risk, they would buy their own investments and take their gain or loss.
Just because your profit isn't great, why would someone else need to reduce their profit/salary? It's not an eye for an eye. You invested as a home owner, and the agent is working to sell it as it's their job.
Exactly! This is the excuse I hate the most. I'm sorry if you lose money, or don't make as much as you wanted to, but does that mean that your agent doesn't work hard? Heck, if the margins are THAT tight, it'll probably take MORE work to get a deal done.
Exactly! This is the excuse I hate the most. I'm sorry if you lose money, or don't make as much as you wanted to, but does that mean that your agent doesn't work hard? Heck, if the margins are THAT tight, it'll probably take MORE work to get a deal done.
I agree. That arguement is weak. What people also fail to realize is that you may be taking a loss on your home now, but the home you're buying is also priced lower than it normally would.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
