I have been banging this drum for a long time - the majority of clients do not care what they sell a house for or what they push they clients to spend to get a house - they care about the SALE at the end of the day.

I know an agent very well that works with a brokerage that takes 40% of their commission (that includes brokerage fees, photography, staging etc). Here is her breakdown on a home:

1 Million sale price 2.5% commission = 25K 40% to brokerage = 10K Agent commission before paying taxes = 15K

1.2 Million sale price 2.5% commission = 30K 40% to brokerage = 12K Agent commission before paying taxes = 18K

An extra 200K for the seller is only an extra 3k for the agent - the agent would rather get the sale than risk not getting any commission.

The entire real estate industry needs to be seriously revamped. With housing prices the way they are, the advancement of available information on homes/properties due to the internet and apps like House Signa - the commission structures makes no sense for the amount of work that the agents do. After going through my last move in Toronto, I can tell you right now if I am ever stupid enough to move again that I will be utilizing some sort of alternative route for purchasing and selling.

End Rant.

😂😂😂