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Old 05-12-2014, 09:15 AM   #44
Travis Munroe
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Quote:
Originally Posted by squiggs96 View Post
As a person who works for a real estate developer, I can tell you this is about as far from the truth as possible. First off, very, very few developers will pay based on the commission structure you mentioned. Most just pay a flat fee per unit sold, and then there are bonuses if you sell more units, to multiple buyers. Why would they pay huge commissions when they are the ones the develop and pay for the marketing campaign, sales centre, display suites, etc.? The realtors just have to heard the cattle in.

That said, it would be very unlikely that you could negotiate the price any lower without using a realtor. We budget a certain percentage of sales to have a commission paid out. It really doesn't matter to us if you brought in a realtor or not, as statistics will allow it to trend back to the expected amount. You may be able to negotiate a lower price, but that would be based on market conditions, rather than using a realtor. A realtor could get you a better deal, especially if they have history with the developer.

Thank you for also clarifying this as I tried in my post. Very misleading to anyone who is reading his post and leaves believing what it claims.
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