Quote:
Originally Posted by wdfifteen
We're selling a brick ranch rental. A realtor went through it and told us all the things we needed to fix to get top dollar. I don't want to sell it for top dollar, what I want is maximum profit. He's not happy that we're not doing some things, but I don't want to invest $10k to increase the selling price by $5k.
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This illustrates one of the problems with the compensation system for RE agents. They have a vested interest in getting the highest sale price. Usually this works in the client's favor, but the client is interested in ROI, not top dollar. It bugs me when an agent suggests improvements that don't positively affect ROI and only serve to make the house easier to sell and at a higher price and commission to boot.