Tag: commissions

Episode 130: Should the “Listing Agent” get most of the commission.

Episode 130: Should the “Listing Agent” get most of the commission.

In this episode we talk through real estate commissions and who should normally be entitled to the lion’s share of it (listing agent or buyers agent).  On the heels of the NAR lawsuit, the increased transparency around who is actually paying for the services rendered has forced the real estate industry to take a hard look at this question.  Under normal circumstances, an “agent” should be hired and compensated by the party that is using their services.  We discuss a reasonable approach to commission splits and the appropriate allocation of commission based on the services, expense, and expertise.  A controversial topic that we enjoyed discussing on The Sale Ring podcast.

Episode 68: Bad Bidders List and Standardizing Commissions with Mike Brandly

Episode 68: Bad Bidders List and Standardizing Commissions with Mike Brandly

As the auction industry heads more and more towards online bidding platforms, the experience with unscrupulous bidders will unfortunately become more prevalent.   In this episode we discuss this issue with Mike Brandly and his recent blog post regarding the challenges to creating a “Centralized Bad Bidders List”.   We also talk about the recent movement of a Federal Court case that is looking at the National Association of Realtors and some Multi-list Systems (MLS) on the grounds that they may have attempted to force sales commissions structures on Seller’s, that obligate them to pay for the Buyer’s representation.  There is a LOT of information in this episode, so enjoy the show.

Mike Brandly Blog

United Country Real Estate