Real Estate commision System needs Overhauling In the…
0 reactions
Real Estate commision System needs Overhauling
In the market to buy a house. I am so, so fed up of dealing with agents who do absolute BARE minimum but still get away with 2% being paid by the buyer.
The agent literally just pass on the offer and then discusses with the seller to further increase the demand if you are willing to pay what seller is asking.
Admist all this, you have to constantly chase the agent if the seller got back etc.
I mean if buyer is paying the agent then the buyer should get more representation in terms of negotiation etc.
The commision system of secondary market needs overhauling, 1% should be paid by seller and 1% by buyer.
I fail to understand why the market trend burdens the buyer rather then splitting the expense of this between both parties?
Its the seller who is making money and not the buyer, and seller is getting his asking price and not the buyer.
#local
In the market to buy a house. I am so, so fed up of dealing with agents who do absolute BARE minimum but still get away with 2% being paid by the buyer.
The agent literally just pass on the offer and then discusses with the seller to further increase the demand if you are willing to pay what seller is asking.
Admist all this, you have to constantly chase the agent if the seller got back etc.
I mean if buyer is paying the agent then the buyer should get more representation in terms of negotiation etc.
The commision system of secondary market needs overhauling, 1% should be paid by seller and 1% by buyer.
I fail to understand why the market trend burdens the buyer rather then splitting the expense of this between both parties?
Its the seller who is making money and not the buyer, and seller is getting his asking price and not the buyer.
#local
| 2,000 mlx | |
| 2 | |
| 0 |