Reply To: Bloomberg TV predicts more pain for Spain!

#77367
Inez
Participant

Many agents will cut their commissions to secure a deal – we have always been 2.5%, thats for over 4 years and were reviled or it, but in doing so it has forced some agents to come down

Interestingly enough I was offered a small development direct form the owner where there is a stipulated commission of only 3% not the 5+ that developers usually include in the price. However chummie wasnt too happy when we called and said great, but his prices were too high and if they came down by 30% we would promote them!!