Do your marketing costs and “liability” (not sure what you’re talking about here) scale with the median price index?
I know a common agent retort to this argument is that, “The commission is built into the market…” What are your thoughts on that?
Is the sales commission an incentive for the agent to get the most money they can for their client? NOT! At $500k average per house, differences of $10k or so are peanuts with regard to commission… it’s gotta be all about volume.
Here’s my take. Agents do add value, but the value they add does not scale with the price of the house. Exceptions might be “hard to sell” property types that would warrant a premium.
