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Two tiered commissions

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Penny L. | 30 Jan 2015, 09:48 AM Agree 0
I'm wondering if anybody offers a two-tiered commission, like 5% on the first 200,000, then 3% on the rest or something like that. I'm considering switching after a conversation I had with a veteran agent in my office.
  • Denis | 30 Jan 2015, 11:14 AM Agree 0
    Not uncommon in commercial real estate - perhaps we may see more of this in res
  • Doug | 30 Jan 2015, 11:54 AM Agree 0
    In the Vancouver market, it's almost exclusively two tiered commission. With the exception of the 1% type of business models it is ver common to take listings at 7% on the first $100k and then between 2.5 and 3.5 on the balance.
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