Why is commission paid?
Commission is the agent’s reward for a successful result, no sale for you means no commission paid to the agent. The agent’s risk when taking on your property is investing a large amount of their time, effort and money with no compensation if a sale isn’t achieved. It is the downside to being a real estate agent and an even greater incentive to work hard to make a sale.
For this reason, experienced agents will seldom take on a property that isn’t saleable because of unrealistic price expectations. It could mean two months of hard work when it was clear from the beginning that achieving such a price was highly unlikely.
