A brainstorm on real estate commission

If you used a real estate agent, your only choice was to pay them a set percentage of the price for a home you bought or sold. The web has put consumers at the helm of their real estate transactions. You can preview houses, plot them on a map and compare prices from the convenience of your living room. Fee for service real estate, a new trend in realtor relationships, is also putting consumers at the helm. Instead of paying the real estate agent a predetermined commission when a property is bought or sold, a client pays for the services he wants via the fee for service real estate model.

06/17/09 2

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