Saturday, November 24, 2012

Looking for Home Buying Agent in Seattle area: Commission - Zillow

Hi Shannon, thanks for your sensible response. I'm just trying to use this forum to source a real estate professional that falls into the other camp (not wade into the debate of discount realtor services).

I'm an economist by trade and believe?the law of supply and demand should work in the real estate business as it does in other aspects of life. There is a great supply of realtors out there and waning demand. If a realtor has a complete book of business and cannot fit in any more time to add the marginal client, then it makes no sense for them to offer a rebate. However, as I expect is the case for most realtors, they do have bandwidth to take on additional clients.

It's the Twinkie strike?paradigm -- is it better to accept a deal and?take a 5% paycut or continue to strike and lose 100% of your income? I think a sensible individual would say a reduced commission on something is better than 100% on nothing especially in this economy.

Source: http://www.zillow.com/advice-thread/Looking-for-Home-Buying-Agent-in-Seattle-area-Commission-rebate-expected/469284/

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