I'm an economist by trade and believe?the law of supply and demand should work in the real estate business as it does in other aspects of life. There is a great supply of realtors out there and waning demand. If a realtor has a complete book of business and cannot fit in any more time to add the marginal client, then it makes no sense for them to offer a rebate. However, as I expect is the case for most realtors, they do have bandwidth to take on additional clients.
It's the Twinkie strike?paradigm -- is it better to accept a deal and?take a 5% paycut or continue to strike and lose 100% of your income? I think a sensible individual would say a reduced commission on something is better than 100% on nothing especially in this economy.
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