Real Estate Commissions Are Too High And Brokerages Can Help

  • Date: 22-Sep-2020
  • Source: Forbes
  • Sector:Real Estate
  • Country:GCC
  • Who else needs to know?

Real Estate Commissions Are Too High And Brokerages Can Help

COO & Co-Founder of Radius Agent, a social network and lead conversion engine for Residential Realtors.

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If you've followed the real estate industry for any amount of time, you've probably been involved in the perennial debate about the high agent commissions in the U.S. The issue reached a fevered pitch last year when a lawsuit was brought against the National Association of Realtors, calling commissions the results of collusion. 

A common argument for lowering them claims U.S. commissions are among the highest in the world, but technology means agents don't find homes for buyers anymore. They just unlock the door and fill out paperwork, and lots of agents don't even do this full-time.



The common denominator in this debate is always the agent. Critics say they earn too