Monday, November 5, 2007
61% of active lisitings for Hoboken have a sales commission of 5% or greater.
People have short memories. They lock a fact away and then rely on it, sometimes not noticing the world has changed.
Like the penny. Lost is the history. Six perecent commissions used to be the norm. Then boom. the market surged. Commission rates began dropping like a stone. Online agents. Discount agents moved in. Commissions of 4%, 3% or less!!!
The survivors. The real players with real value add are getting an honest wage for an honest days work. 5%... 6% and more. "The skies above are clear again. Let us sing a song of cheer again..."
Posted by Brian Murray at Monday, November 05, 2007