REALTOR® Magazine-Daily News-Sellers Report Satisfaction With Discount Brokers

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Daily Real Estate News | August 6, 2008 | Sellers Report Satisfaction With Discount Brokers
In its September issue, Consumer Reports magazine reveals the results of its poll of more than 9,000 home sellers, indicating that those who paid discount real estate commissions and those who paid commissions of 6 percent were equally satisfied.

However, the survey shows that sellers who paid the full commission were more likely to express regrets about he transaction process, with approximately 33 percent believing they should have aggressively negotiated the fee.

Of the 46 percent of sellers who engaged in commission negotiations, the survey shows that 71 percent succeeded in lowering their rate. Additionally, 87 percent of sellers who paid full commissions and 81 percent who paid 3 percent or less received a comparative market analysis from their real estate agent.

Palm Beach Post, Jeff Ostrowski (08/04/08)

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