What I wrote makes no sense at all. Let me try again.
A new payment structure would consist of hiring a buyers’ agent on a fee basis. A seller, who uses the “old” 5% commission system, does pay the commission for the buyer’s agent. But then the buyer would expect his agent’s half of the 5% commission to be rebated to him (the buyer), and only pays the realtor for the actual service provided. This is almost a system used by ZipRealty. Their agent rebates the buyer some percentage at closing.
Realtor salary would get downward pressure. As they do less, they earn less. This may be a welcome change for realtors, who currently spend so much time on marketing their services and driving clients around, neither of which directly benefits their paycheck.
