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How is the current real estate model broken? Here is Reason #1.

When you hire a real estate agent to sell your home at 5 to 7 percent, you're actually offering two commissions (customarily, the listing agent will offer up to half of his/her commission to the cooperating agent who represents the buyer).  If you are hiring just one agent to represent you, why should you pay two commissions?  Shouldn't the agent that actually procures the buyer receive the greatest compensation?  In the current model, the listing agent charges the seller a large enough commission so that he/she can make as much as, or more than, the agent who actually sells your home.  At The Agency, you can select from a variety of services on The Menu, paying us for only the services you require while offering a cooperating agent fair compensation for bringing you a buyer.  With our model, you will save thousands of dollars in real estate commissions without losing out on quality, professionalism and sound representation.  Please stay tuned to The Blog for more information about The Menu, where the future of real estate begins.

Published Wednesday, June 13, 2007 6:57 PM by The Agency, Inc.

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About The Agency, Inc.

Jon Brock has been a licensed Florida Real Estate Broker since July 2001. He is the first and only real estate professional in Polk County to earn the prestigious C-CREC® and ACRE™ real estate designations and is a proud member of NAR, FAR, LAR, NARPM, FARPM an MFRMLS.