Big brainstorm about real estate commission discount
However, buyer brokers have begun offering a fraction of their commissions to their clients in the form of a real estate commission rebate. The growth in online real estate listings has spurred the invention of nontraditional ways of doing business in the real estate industry. More and more people are relying on the power of the Internet to buy and sell homes; thus, brokers are doing less work for their real estate commissions. As a result, some Multiple Listing Service real estate agencies have begun offering flat fee listing services to sellers, in which they function primarily as points of contact for the sellers and their prospective buyers. Now buyers are finding that, in actuality, they are doing part of the brokers work by finding their future homes online and believe they have earned a real estate commission rebate.