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Isn't that the fundamental problem with percentage based compensation? It doesn't take that much more work to buy / sell a million dollar home vs. a $300k one,
by smackfu 12y ago
Isn't that the fundamental problem with percentage based compensation? It doesn't take that much more work to buy / sell a million dollar home vs. a $300k one, but the agent's income is vastly different.
- ceejayoz 12y agoI'm not a realtor but I'm not sure "It doesn't take that much more work to buy / sell a million dollar home vs. a $300k one" is true. I wouldn't be surprised if it involved pickier clientele with more difficult to accommodate hours, for one.
- smackfu 12y agoMy issue is that you can also have picky clientele at $300k, but you don't get paid any more. Or for instance, compare a client who spends every night checking Zillow for the latest listings vs. one who relies on the agent for new listings. There may be some correlation between home price and effort, but there are other factors that often dwarf that, and those aren't priced in at all.