4 ms·

The other agent won't bring clients to you if the cut is too low.

• yial 3y ago
  This is very true. A home I purchased recently, the sellers had a very new realtor, who was friends with them. She had listed the commissions very low - probably thinking she was doing them a service. I purchased the home without a realtor, and one of the ways I had a much stronger position was because no one else was being shown the property. (As in, realtors weren’t mentioning it to their clients). I had a friend of mine who is known locally in the area as one of the best realtors look at the mls and listing, and that was the take I got from him.
  • deleted 3y ago
    [deleted]
• aabajian 3y ago
  This was part of the evidence used in the case. They had recordings from buyer's agents who called about non-MLS homes. The agents were on-tape saying things like, "I am going to make sure no other agent shows your house." All because the seller refused to pay a buyer's agent commission.
• gloryjulio 3y ago
  Yep. It's basically a cartel. You can do whatever you want technically. But you instantly lose the the market reach if you don't pay your realtor tax.