Murky world of broker commissions-The Real Deal

The issue bubbled up earlier this month during a frank discussion among agents across the country on the industry website ActiveRain.com. Some agents described the practice as commonplace or even “rampant” in their areas. One, Eve Alexander of Buyers Broker of Florida, in Orlando, said “It is a fact that when the co-op fee is peanuts, less agents will show it and it will more than likely take longer to sell.” In a subsequent interview with me, Alexander deplored the practice, saying “sellers usually don’t know” that their property is getting fewer showings because of the low fee-split to the buyer-side agent. And buyers don’t know what they’re not being shown.

BUYERS always make sure your agent is showing you and telling you about EVERYTHING for sale that might work for you. Even inventory a little out of your range. Don't let the agent be able to use excuse "oh I though it wouldn't work because of this". Be blunt with the agent right up front to "please TELL me about EVERYTHING available"

"Others said stingy sellers tend to be difficult in negotiations." - See more at: http://therealdeal.com/blog/2015/05/22/the-murky-world-of-broker-commissions/#sthash.MbpbKf5v.dpuf

Yup.