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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (6726)	11/13/2002 2:37:37 PM
From: Jim McMannis	Respond to of 306849

RE:"A 20K reduction in commission is 20K savings for the buyer and in this tight market, could make all the difference I'm thinking." Exactly! It amazes me hoe some sellers are wiling to give that up! RE:"I agree with tradelite that some sort of minimum commission needs to be paid to ensure quality representation but I peg that at 10-15K" LOL...but say 4% is enough? So you really only half agree with tradelite!

To: Lizzie Tudor who wrote (6726)	11/13/2002 2:56:12 PM
From: deeno	Read Replies (1) \| Respond to of 306849

not for or against your comment, but take a measure of what your offering. Most work for larger agencies, most good ones pay taxes. I assume they are not getting both sides of the deal. Most agents here have a partner where I live. so....10-15,000 . 5 for one or the other side .5 (for the agency) .5 for the partner .4 for taxes lest see thats $750 to 1125. Depending on what your listing or buying costs are this might be good or bad. Depending on HOW good you are this amount of money is small to insignificant. Part timers work might be plenty, though to clear 30m per year that would be 2 1/2 closings per month.