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Updated 10 months ago on . Most recent reply

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Troy Maleyko
  • Real Estate Agent
  • Jupiter, FL
4
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17
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Working with Investors & Structuring Comissions

Troy Maleyko
  • Real Estate Agent
  • Jupiter, FL
Posted

Hi everyone - I am working with some investors & found that I am being faced with the problem / pressure of reducing my commission as they say they are going to buy / sell several properties with me & will not sign an exclusive agreement that puts a time / place & create a sense of loyalty. With the new NAR ruling it's making things even more difficult. Getting ready to list a property with one of my investors & have some push back on my listing agent commission. It's making me want to be very cautious on my expenses & ultimately not want to put forth the usual effort as my work is not being fully appreciated. Any thoughts on this ?

  • Troy Maleyko
  • 561-831-8202
  • Most Popular Reply

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    17,598
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    Russell Brazil
    • Real Estate Agent
    • Washington, D.C.
    30,429
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    Russell Brazil
    • Real Estate Agent
    • Washington, D.C.
    ModeratorReplied

    I do give discounts on the listing side to repeat clients. But they're not repeats until theyve done a deal with you. Nearly everyone who tells you they're going to do a bunch of deals and therefore deserve a discount before they've ever closed anything, is simply full of ****.

    Flippers we actually charge more money than our going rate, because of the increased workload, and the liability. We have near lawsuits multiple times per year from our flipper clients. But from our clients, we don't get pushback on this, as they wouldn't even have the opportunity to flip the house if we didn't source it for them. From prospective clients we get pushback....but we don't care, we just bring the property to a past client and they buy it without issue to what our fee is.

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