midnightcaller
Expert Member
Another thing
The estate agents' input costs to sell a property in the 850k to 1.5m range is the same as the input costs in the 3m to 5m range. The only difference is the size and characteristics of addressable markets for these two price ranges and perhaps the sales cycle on these price ranges.
So if the costs are the same, why should the estate agent get a deal that is percentage based. Why not a fixed fee that is not tied into the price of the property?
The estate agents' input costs to sell a property in the 850k to 1.5m range is the same as the input costs in the 3m to 5m range. The only difference is the size and characteristics of addressable markets for these two price ranges and perhaps the sales cycle on these price ranges.
So if the costs are the same, why should the estate agent get a deal that is percentage based. Why not a fixed fee that is not tied into the price of the property?