Sunday, February 5, 2012

Real Estate Commissions

Well, Trulia strikes again!

I like Trulia because it really is a forum for real estate consumers to evaluate real estate agent competency.  But sometimes, the answers from other agents are really surprising.

A potential buyer from out of state asked on the Trulia Voices forum about "typical" real estate commissions in Sarasota.  The problem with that premise is that by law, there cannot be a "typical" or "common" real estate commission.  If there was, that could be determined as price fixing, subject to Federal Anti-Trust Law.

I offer a variable rate commission for all my clients depending in their situation, for example, if they are selling and then buying a replacement property.  Luckily, I am not restricted by an inflexible central office who does not allow their individual agents to negotiate outside a strict set of company guidelines.

You can see the thread on Trulia here (http://bit.ly/w3k4v2) as well as some of the answers from my competitors.  And thanks Rose from NJ, I always appreciate your support as well as reading your real estate expertise on Trulia!


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