This is a combination of factors: -- In any market, there are agents with a range of compensation options. It really isn't as straightforward as the "6%" that

This is a combination of factors: -- In any market, there are agents with a range of compensation options. It really isn't as straightforward as the "6%" that the public believes. -- Brokerages more than agents set the commission. So you can have loads of new agents in a market and it won't change the commission. -- It costs money to represent buyers and sellers. Drones, video, photography, glossy magazine spreads, social media, advertising buys, brokerage, MLS, and other fees, signs, key boxes - I can spend thousands on a property listing or dozens+ hours with a buyer with absolutely no guarantees that I'm going to get paid.