Re:Almost No One Pays a 6% Real-Estate Commission–Except Ame...
by dragonwriter on Friday November 17, 2023 @12:20PM
(#38306654)
> But agents aren't incentivized to negotiate lower prices because payment on both sides is proportional to total price sold
Typically, agents (on both sides) are incentivized to doing whatever makes the sale happen with the least time, risk, and effort, because what they lose on commission if that involves a (not extraordinarily unreasonable) price cut they make up for in volume.
Typically, agents (on both sides) are incentivized to doing whatever makes the sale happen with the least time, risk, and effort, because what they lose on commission if that involves a (not extraordinarily unreasonable) price cut they make up for in volume.