Whatever happened to the strict code of ethics that all realtors are proclaimed to operate under? Sounds to me like if you raise the commission, Realtors are going to push these units like there is no tomorrow. Like selling a ketchup popsicle to a woman wearing white gloves. I don’t care if it’s a good deal for the buyer or seller, I’ll tell them whatever they want to hear. Just give me my 7-8%!
I know that the higher commissions provide a greater incentive, and that not all realtors are out for the quick buck. But something about this is just unsettling to me, especially considering that the real estate industry is a relatively closed system from top to bottom…they control the entire sales process.