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Real Estate
Reply to "Is the realtor entitled"
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[quote=Anonymous]If the agents split the 5% commission in half, they each got $15,000. Their brokerage takes a cut, anywhere from 50% to 15%. At my current agreement with my brokerage, I get 70%. So it's actually $10,500. Then we pay taxes and our expenses (mris subscription, car, gas, computer, phone). I'm home with the flu or some other delightful ailment or I wouldn't be engaging in this back and forth. I'm not going to change your mind about real estate agents, that's clear. My point in posting was to address the OP's question as to their obligation to their agent. I stand by my opinion that as an agent, I'm entitled to the courtesy of knowing whether you intend to go it on your own after I spend my (valuable to me) time on your home search. This is why my buyers sign a buyer agency agreement after the first few weeks of us working together. Just my business practice, works for me after 10 years. Not to mention without one, all agents represent the seller.[/quote]
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