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Commission Conversations: How to Explain Real Estate Fees to Sellers 💵
P.U.S.H. Mastering Real Estate Skills
English - July 12, 2024 17:05 - 1 hour - 67.2 MBCareers Business Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed
Hey everyone, DRad here, and today we're diving into a crucial topic for all real estate professionals: explaining how commission works for your sellers. Here I brought up a great point about breaking down where the money goes, and I want to show you a method that's both effective and easy to understand.Using some fake dollar bills, I'll demonstrate how to clearly communicate the breakdown of a 6% commission:3% to the Buyer Agent - Ensuring your property gets maximum exposure.Uncle Sam's Cut - Taxes we all have to pay.Brokerage Fees - The share that goes to the brokerage.Marketing Costs - From photos and staging to social media ads, this is where half of my share goes.My Family's Share - The remainder supports my family.When a seller asks for a commission cut, it's important to show them where the reductions would come from and how it could impact the sale of their home. Join me as I walk you through this conversation step-by-step to help you secure your commission and provide top-notch service.Don't forget to like, comment, and subscribe for more real estate tips and strategies!#RealEstateTips #CommissionExplained #SellerTips #RealEstateCoach #NegotiationSkills #RealEstateMarketing #MaximizeProfits #RealEstateStrategy #HomeSellingTips #RealtorAdvice