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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Tradelite who wrote (90612)9/26/2007 1:39:35 PM
From: Broken_ClockRead Replies (1) of 306849
 
Yes 6% is dead. Many developers are offering 5%+ coop to brokers. Retail will have to negotiate higher commissions to compete since developers are undercutting in price as well. Many already are trying by going w/6% commission then offering 10-15k in 'bonus' to the selling agent.
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