Date Archives May 2009

Blog Wayback – Transparency in Real Estate Fees

Say, for example that the Seller is offering 3% commission on a $250,000 house. $250,000 x 3% = $7500 If I made that much, that would be great. … Prices of properties and sales volume certainly help offset the potential negative income when dealing with referrals, as does the repeat business when those buyer referrals contact me to market their homes … but … there is at least one (big) company from whom I never accept referrals because their agreement stipulates that once I work with someone whom they referred to me, all future transactions with that client must send this particular company a 35% referral fee.

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