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Real Estate
Reply to "New Commission -3%"
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[quote=Anonymous][quote=Anonymous]And my point is that it will be a while before we see what new compensation model takes the old one's place.[/quote] Your post broke down compensation and asked if the compensation was "fair". I was responding to what you wrote. [quote=Anonymous] But I do think this probably won't play out the way you think [/quote] You seem to be reading more into what I actually wrote. How specifically do I "think" I will "play out" based specifically on what I wrote. (I provided no specifics, only economic generalizations) [quote=Anonymous]either transactions may get more rocky or [b]agents will find some different way to get their money.[/b][/quote] But we've already established that right? That's how "other comparable industries" operate. Service providers compete for consumers with differing compensation agreements (differing ways to get money). [quote=Anonymous]Hourly rates, maybe, but pay-as-you go. Or maybe fee-for-service -- want an open house? That'll be $500... Every trip to the house to let in an inspector? $200/hour. Every e-mail replied to? $200/hour, billed in 8 minute increments like a lawyer... [/quote] But we've already established this right? These are examples of differing competitive compensation agreements. Like "every other comparable industry". [quote=Anonymous]Who knows. Remains to be seen. [/quote] Every other comparable industry can be described as a "Who knows. Remains to be seen" market; competition drives unforeseen pricing changes and offerings and choices. I feel like you are trying to make another point, but are struggling to communicate it. [/quote]
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