Quote:
Originally Posted by 6thGear.
When it comes to listing a property there's a lot of other associated costs even if it seems minor like $200 for a floor plan.
MLS list fee
Photos
Matterport tours
Videos
Title search fee
Strata docs ( if applicable)
Form B
Form F
Fixing up eyesores/damaged issues
Staging ( lots of clients ask for this)
Sellers fee ( that's obviously the big one)
gas spent to drive back and forth for weeknight showings
Brokerage percentage cut
Housewarming gift
Then there's the final nail, clients asking for kickbacks/covering lawyer fees/disperserment fees/moving costs. That $20k pre split commission looks grand but all said and done can be as low as $2k-$3k
The statement a property sells itself is such a misconception especially these days. Every seller thinks they're sitting on a goldmine and expecting competing multiple offers for their worn down home. The media glamorizing the market doesn't help either. Any realtor who doesn't offer even half of the above list should be giving up portion of their commission.
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If a realtor ever came to me talking about the gas it took to get to my open house, that would he the last time we spoke.
Some of those things on your list are just part of doing that job. It’s like a carpenter showing up to work and asking where the hammer is.