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Rainmaker
1,266,393
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Today SF BAy Area: 60-65% listings agents 35-40% buyer agents get paid

5 Years                      75-80% listing agents, online bidding or making offers, 20-25% buyer agent get paid.

Technology will replace what used to buyer agents role as buyers have access to all information except lock box #.

Feb 10, 2016 03:05 AM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Buyers and sellers under 45 will expect more empowerment.

They will reject 'one size fits all' solutions.

"INCOME' of aware agent will increase.

Feb 10, 2016 02:34 AM
Rainmaker
613,494
Eve Alexander
Buyers Broker of Florida - Tampa, FL
Exclusively Representing ONLY Tampa Home Buyers

Nothing for the next 5 years, however with the coming of alternative places to list property, I see that eventually that a buyer agent will be more important to consumers than a listing agent.

Eve

Feb 10, 2016 02:33 AM
Rainer
150,466
Michael Thacker - Re/Max Real Estate Center - Louisville
Re/Max Real Estate Center - The Thacker Group - Louisville, KY
Your best friend who just happens to be a Realtor

Technology will continue to be even more important, second only to content creation which is first and foremost.

Feb 10, 2016 12:51 AM
Rainmaker
1,872,628
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

No changes.

Feb 10, 2016 12:45 AM
Rainmaker
4,528,836
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

Hoping that Realtors will be needed even more, and compensation increases!

Feb 09, 2016 11:53 PM
Rainmaker
1,513,143
Raymond E. Camp
Ontario, NY

Pretty much the same as it has been with a better supply of homes; without compensation will probably rise.

Feb 09, 2016 11:38 PM
Rainmaker
3,986,473
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

With all the disclosures and seeing how people freak when trying to fill them out I don't see much change at all

Feb 09, 2016 11:37 PM
Rainer
43,981
Stephanie & John Webb
Latte Stone Realty LLC - Albuquerque, NM
Stephanie Webb Co-Owner, Latte Stone Realty, LLC

In our market we deal with over 40% REO and Short Sale properties. Sometimes the only way for a home to not go into short sale status is to list at a flat fee. This doesn't help the listing Realtor but the buyers realtor still gets a 3% commission.

Feb 09, 2016 11:34 PM
Rainmaker
5,585,039
Barbara Todaro
Retired...Mentoring Newbies - Franklin, MA
Previously Affiliated with The Todaro Team

I see commissions increasing in my area..... the "rookies" for whom I market are already receiving higher commissions...

Feb 09, 2016 11:21 PM
Rainmaker
634,582
Kathleen Luiten
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales

My market is mainly resort and second homes, primarily luxury homes. These sellers and buyers want personalized service and are willing to pay for that value.

Feb 14, 2016 05:34 AM
Rainmaker
979,801
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Tony and Suzanne - Unfortunately I think commissions will start to get reduced lower and lower.

Feb 12, 2016 02:31 PM
Rainmaker
617,985
David Gibson CNE, 719-304-4684 ~ Colorado Springs Relocation
Colorado Real Estate Advisers LLC - Colorado Springs, CO
Relocation, Luxury & Lifestyle residential

Will there be pressure on commissions, probably. But I don’t expect much change. 5 years goes by in a blink.

Feb 11, 2016 07:54 AM
Rainer
223,973
LUXURYSOCALREALTY COMPASS La Jolla
Compass - La Jolla, CA
San Diego Partner - The Private Client Network

I anticipate the millenials embracing Redfin rebate moderate priced homes 

Feb 11, 2016 01:10 AM
Rainmaker
1,157,847
FN LN
Toronto, ON

The roles and compensation can be negotiated by both parties.

Feb 10, 2016 04:06 PM
Rainmaker
4,322,295
Praful Thakkar
LAER Realty Partners - Burlington, MA
Metro Boston Homes For Sale

Tony and Suzanne Marriott, Associate Brokers listings are going to be the key to the success of the real estate agent, I think.

They will be the BOSS!

Feb 10, 2016 02:47 PM
Rainer
67,369
Evelyn M Epperson
Coldwell Banker Residential Brokerage - Johns Creek, GA
A Tradition Of [Excellence, Trust & Service]

I believe in the next 5 years buyer's agents will be getting more of the commission.

Feb 10, 2016 09:46 AM
Rainmaker
4,273,331
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

Unless something dramatic happens I see 50/50 

Feb 10, 2016 07:46 AM
Rainmaker
1,543,534
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I see agents being respected and revered by the lay person.  Held on a pedestal.  I see Zillow and Realtor.com paying US to put our listings on their sites... hey a guy can dream, can't he?

 

In reality, I don't see it changing too much.  You'll have people who will undercut commissions and play questionably legal games with them and others who are full service and full priced realtors.  We'll continue to be advisors on the purchase side and instrumental on the sales side.

Feb 10, 2016 07:13 AM
Rainer
225,576
Bob Betel
Allstar Home Mortgage, Inc. - Sweetwater, TN
President, Allstar Home Mortgage, Inc

I really don't see any role changes in the next five years. But I could see the compensation being discussed. As mortgage brokers, we wouldn't dare charge the percentages that realtors get., because we wouldn't get any business.

Feb 10, 2016 05:00 AM
Rainmaker
1,755,792
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

I see no change

Feb 10, 2016 04:59 AM
Rainmaker
1,654,812
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC • Short Sale • Probate

I do not see much changes. It is still up to a listing agent negotiation how both brokers will be compensated, and up to a broker agreement what will go to an individual agent. 

Feb 10, 2016 04:12 AM
Ambassador
6,734,107
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

I have no idea how this will change, not even the same in the different mls areas here.

May 13, 2019 05:58 PM