What would you think, how would you feel if your client or employer asked you to cut your fee or salary?
Why do buyers and sellers think they can ask that of a Realtor? It's because they have no idea how much work a Realtor does that they don't see, what their expenses are and what their commission split is. If I spend 2 hours showing a buyer property, I've spent 2 hours researching, scheduling and mapping as well. If they decide on new construction, I've done all the background work to get them there. Sellers involve many hours of marketing and accountability. After there is a contract the Realtor spends time tracking and in further negotiations up to and beyond closing.
A buyer once asked me how much money I was allowed by my company for gas. A Realtor is an independent contract. We pay for all our own gas, car, car maintenance, advertising, marketing, membership dues, continuing education, computers and other technology, health insurance, retirement and then we split our commission with the broker and possibly a referring agent resource as well.
Buyers and sellers think that Realtors make lots of money but just because they drive a luxury lease car doesn't mean they are bringing in the bucks. Your Realtor is bound by a code of ethics and is acting on your behalf. Respect that.
No comments:
Post a Comment