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