149: Real Estate Commissions and the Intrinsic Value of Your Real Estate Agent
Find a High octane high protein agent
Real estate commissions boast diverse models that can be dictated by market standards. Surprising right?? But did you know that the agent commission is usually paid by the SELLER?? and then shared with the buyers agent ( UNLESS stated in your contract differently-> pay attention to your contracts people!)
did you also know that the commissions are NEGOTIABLE? Negotiation is key in ANY situation, although some agents may lack comprehensive knowledge or fail to fulfill contractual obligations. Enter the National Association of Realtors (NAR), a staunch advocate ensuring your rights are protected and commission structures remain transparent.THAT IS A GOOD THING IN OUR OPINION.
So what Lori loves is a saying from Dave Ramsey is “A high-octane, high-protein agent” transcends expectations. They employ robust marketing, strategic advertising, and diligent effort to present your property optimally on the MLS. It's not merely about delivering value; it's about surpassing expectations, ensuring you not only receive a fair return but also earn more than anticipated. I mean who wouldn’t want an agent that shares those work values??
Choosing the right agent becomes crucial, especially one committed to excellence and backed by industry advocacy like the NAR. This combination assures a rewarding real estate journey, where transparency, performance, and exceeding expectations are not just ideals but tangible outcomes.
So now that we gave you a brief rundown of today’s episode… GO LISTEN for even more! It is a FANTAStIC episode. Episode 149 all about those real estate commissions.
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