Comments on: Lopsided Hoboken Realtor Commission http://hobokenrealestatenews.com/2009/11/30/lopsided-hoboken-realtor-commission/ What buyers and sellers need to know about Hoboken condos and real estate. Mon, 06 Feb 2012 19:46:18 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: rich http://hobokenrealestatenews.com/2009/11/30/lopsided-hoboken-realtor-commission/comment-page-1/#comment-4382 rich Fri, 04 Dec 2009 22:27:37 +0000 http://hobokenrealestatenews.com/?p=2255#comment-4382 I have bought and sold a bunch of properties over the years. I would say for the most part the agent does way more work for when I am buying. If anything the 60%/40% split should go the other way. On the listing side they set up the listing, do a few open houses, stick in the MLS and do some basic marketing. when working with me at a buyer you are running all over the place and picking up keys and then showing me places. I have bought and sold a bunch of properties over the years. I would say for the most part the agent does way more work for when I am buying.

If anything the 60%/40% split should go the other way.

On the listing side they set up the listing, do a few open houses, stick in the MLS and do some basic marketing. when working with me at a buyer you are running all over the place and picking up keys and then showing me places.

]]> By: Confused http://hobokenrealestatenews.com/2009/11/30/lopsided-hoboken-realtor-commission/comment-page-1/#comment-4380 Confused Fri, 04 Dec 2009 22:16:47 +0000 http://hobokenrealestatenews.com/?p=2255#comment-4380 So the extra 1/2% is for marketing the listing? What does the listing agent get the usual 1/2 for? So the extra 1/2% is for marketing the listing? What does the listing agent get the usual 1/2 for?

]]> By: MikeD http://hobokenrealestatenews.com/2009/11/30/lopsided-hoboken-realtor-commission/comment-page-1/#comment-4379 MikeD Fri, 04 Dec 2009 22:16:13 +0000 http://hobokenrealestatenews.com/?p=2255#comment-4379 Well that's looking at from one direction. What would be the true cost of selling a 100k house, and would a 1MM house be ten times worth that effort? After all, going by the Lori's theory (which she doesn't necessary agree with), a house's DOM is linearly correlated with its price. I highly doubt that's the case. Well that’s looking at from one direction. What would be the true cost of selling a 100k house, and would a 1MM house be ten times worth that effort?

After all, going by the Lori’s theory (which she doesn’t necessary agree with), a house’s DOM is linearly correlated with its price. I highly doubt that’s the case.

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