This blog forum is for the discussion of real estate as an investment and as a place to call home. The home that you own is an investment as is the shopping center investment or the rental apartment building. All topics of real estate to further wealth building and wonderful living are open to discussion. The more diverse the better. Please try to challenge us.
Wednesday, March 12, 2008
Commercial Brokerage Cooperation and Non-Cooperation
I understand commercial real estate agents and brokerages want to keep their listings to themselves. This will eventually make the company receive 100% of the commission on the sale. My big difficulty is - this under-exposes the listing and the seller gets a lower price due to it's poor exposure. I just ran across a listing that required an electronically signed statement by the buyer's agent for, get this, 0% commission! I gripe at the 1% fees offered out. I really gripe (and then blog about it) when I have to sign a document that gets me NOTHING! Does this help the seller? Can I effectively market the listing to my buyer? GRRRRR....
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