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Peter Mohylsky,, Call me at 850-517-7098 (PMI. Destin)

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Rainmaker
5,322,255
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Real Estate Broker

I don't see variables. I do see very discounted commissions or fixed amounts. I also notice that those homes tend to sit on the market. I have a feeling that when agents tell their buyers they will need to make up the difference between what's offered and what they agreed to in the buyer agency agreement, buyers are skipping looking at those homes.

Jul 16, 2023 09:47 AM
Rainmaker
1,646,374
Gary Frimann, CRS, GRI, SRES
Eagle Ridge Realty / Signature Homes & Estates - Gilroy, CA
REALTOR and Broker, Notary

I don't see this happening in my area.  I wonder what the strategy is behind it?  Are agents trying to double end transactions with low inventory?

Jul 16, 2023 09:51 AM
Ambassador
3,432,801
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

 

I am not seeing that Peter Mohylsky 850-517-7098 - we are seeing a percentage - rare to see a fixed amount.  

 

Jul 16, 2023 09:47 AM
Rainmaker
1,102,460
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Now that I understand the question and am NOT speaking to anything 'typical' 'traditional' or 'standard'  . . . (I know, silly but still dangerous)

I am not seeing super low splits, and you won't see them on my listings bc my fee does not depend on the market as much as my cost to participate in the project! 

Jul 16, 2023 09:39 AM
Rainmaker
618,892
Shayne Stone
HomeSmart - Fulshear, TX
"Your Rock Solid Choice Realtor" RETIRED

I don't believe this is a local thing!

 

As I've seen this thru the years, many of which are from a discount and/or flat fee listing service...

 

Jul 17, 2023 08:50 AM
Rainmaker
2,526,643
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

That is interesting Peter Mohylsky 850-517-7098 . Being retired I have no clue what is going on now BUT when I was active Buyers agents always got 3% so if the listing called for a 5% over-all commission the Sellers agent would only receive 2%.

Jul 17, 2023 06:47 AM
Ambassador
6,698,702
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

We are seeing a trend in the past few years of offering less and less to the cooperating agent, I dont think that this is in the best interest of our clients so I pay a fair split.

In the long term though I suspect that the industry will be ending the splits altogether and buyers will be paying for their own agents.

Jul 16, 2023 09:31 PM
Rainmaker
933,508
Jeff Pearl
Samson Properties / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

Mostly see a % offered in this area.

Jul 16, 2023 11:53 AM
Rainmaker
828,725
Steve Higgins
RE/MAX Kelowna - Kelowna, BC

That's not happening in our area.

Jul 16, 2023 07:38 PM
Rainmaker
923,184
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

I have not seen fixed amounts; usually percentages.

Jul 16, 2023 12:04 PM
Rainmaker
933,508
Jeff Pearl
Samson Properties / LIC in VA - Lovettsville, VA
Full Service Full Time Realtor

Mostly see a % offered in this area.

Jul 16, 2023 11:52 AM
Rainmaker
2,851,803
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Became aware of this too...

Jul 17, 2023 06:03 AM
Rainmaker
874,550
Brenda Mayette
Miranda Real Estate Group, Inc. - Glenville, NY
Getting results w/ knowledge & know-how!

Not seeing that in our market; it's typically a fixed percentage with an occasional offering of a lower-than-typical amount.  

Jul 17, 2023 05:18 AM
Rainmaker
5,493,535
Wayne Martin
Wayne M Martin - Oswego, IL
Real Estate Broker - Retired

No knowledge of splits in the last few years. Retirement has some benefits.

Jul 17, 2023 03:29 AM
Ambassador
5,172,508
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

We see percentages here. Can't speak for other markets.

Jul 16, 2023 10:16 PM
Rainmaker
6,012,308
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Ours don't vary much, and are percentages.   Haven't really seen a huge dip.

Jul 16, 2023 04:29 PM
Ambassador
3,214,209
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

we do variable in my firm because we get dive bomber out of area agents writing offers when buyers have seen the home with another agent who lied and said "we don't have an agent".   But no, no very low offers. 

Jul 16, 2023 12:18 PM
Rainmaker
1,870,653
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

No variables any longer. At one time HUD foreclosures put a flat rate but they did that because the commission gets negotiated in the buyers contract.

Jul 16, 2023 10:32 AM
Rainmaker
1,262,707
Doug Dawes
Keller Williams Evolution - 447 Boston Street, Suite #5, Topsfield, MA - Topsfield, MA
Your Personal Realtor®

Haven't seen dual or variable splits in our area. That being said there was a recent court case that could affect some states. I have to look it up

Jul 17, 2023 09:36 AM
Rainmaker
1,448,558
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

I am not seeing any change in the method of offering compensation through our mls. There have always been and will always be those who walk to the beat of a different drum.

Jul 17, 2023 10:33 AM
Rainmaker
1,539,804
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I'm not seeing that.  We have variable rates as an option in our MLS, but I've not seen it in use.  Even then, it's a simple yes/no toggle and does not go into any details.

Jul 17, 2023 09:36 AM
Ambassador
5,492,942
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Interesting, Peter! When I see low comps, I let my buyers know that, per our Buyers Agency Agreement, they'll have to make up the difference. MOST opt not to tour the property.  

Jul 17, 2023 04:06 PM
Rainer
374,146
Adam Feinberg
Elegran - Manhattan, NY
NYC Condo, Co-op, and Townhouse Advisor

No, I typically see a fixed % and on some of the townhouses it might be a fixed $ amount instead. Most NYC agency's are members of REBNY rather than the NAR- and the REBNY agreement states that members need to co-broke equally. 

Jul 25, 2023 01:17 PM
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