Commission! And how Zillow changed the commission discussion.
Posted by Michele Replogle on
There once was the idea that agents should not be paid so much, and we often do get paid a lot of money. I will not go into what we pay to stay in business here. We are one of the last professions that has not been arbitraged and had our commission's turned into scale. Kind of like travel agents and other industries that have just been decimated by the online revolution. I started in 2004. There was no Zillow, and the internet was not really anything at that point. Because speeds were so slow, not a lot could be done with real estate with all the pictures and information. The internet speed increased and made real estate more viable online and Zillow came in. 2010 is when they came to all the real estate offices and they became more known to the…
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