Powerful Realtor Group Agrees to Slash Commissions to Settle Lawsuits

[louis-t]

12. Realtors only get paid if the house closes.

I have an office bill of $1,100 a month at my home. When I had an office at the business address, my bill was $1,500 a month. We have association dues ($500), licensing fees ($80) and franchise fees ($500) every year. We take 6 hours of continuing education every year ($50). Signs, cards, lockboxes, marketing, paying a professional photographer on listings that require it (aerial photos, etc). If I hire an assistant, I have to pay them. I don't make anywhere near $400 an hour. Tired of hearing how "Realtors make too much money". I don't count your money, why are you counting mine? The people that make a lot of money selling Real Estate are working their asses off. They can't leave their work at the office and go home. I answer the phone up to 10 pm. It starts at 8 am. I've been blamed for prices of homes being too high, I've been blamed for the bush recession. Now I'm being told I 'fix commissions.' Sheesh!