Reply to Total Commission-Going rate ?

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[quote=Anonymous][quote=Anonymous]You all have heard of finders fees, right? Or know that political fundraisers are paid a percent of whatever donations they bring in? Or know that M&A brokers get a cut of the deal if they bring together the 2 parties? Or “strategic political advisers” get paid by Qatar for securing a big meeting for their client? Or media buy brokers get a cut of every buy?

Each of these people can make millions on a single introduction / race / ad / etc.

Compensation isn’t always a 1-1 to effort or time and anyone in business understands this. [/quote]

In comparable international markets, total compensation is as low a 2% and 1%. The United States has been historically higher due to the history price fixing schemes. Anybody paying attention to antitrust law understands this.

[i]"In competitive foreign markets, home buyers pay their brokers, if they choose to use one, and they pay less than half the rate paid to buyer brokers in the United States. These international markets include United Kingdom, Germany, Israel, Australia, and New Zealand. In these markets, which are not affected by any policy like the Adversary Commission Rule, buyer brokers are paid by home buyers, rather than home sellers. According to the Executive Director of the Consumer Federation of America, total commission rates in “a number of developed countries” range “between 1% and 4%” whereas in the United States the average total commission rates continue to remain between 5% and 6%, which is “no lower than it was in 2001” despite significant advances in technology" ~ Burnett v. NAR[/i]

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