233: Seller Commission Explained

Hustle Humbly Podcast

Alissa Jenkins & Katy Caldwell

Entrepreneurship, Realestatepodcast, Realestate, Realtoreducation, Realtor, Business

4.9 • 809 Ratings

🗓️ 22 January 2024

⏱️ 40 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

We covered buyer brokerage and now we are arming you with how to explain seller commission.

It’s time for agents to stand up, speak to their value and not be afraid to ask to be paid. As a listing agent, you are providing a service to your clients that helps them sell their home, likely their largest financial instrument. Your expertise means saving your sellers time, money and stress. Explaining to sellers exactly what you do and what and how you will be paid is a non-negotiable. We are taking you through a quick rundown of our listing process and looking at seller conversations through the lens of recent news in the market. If you have had a seller ask you about recent headlines or why they would pay a buyer’s agent, then this is the episode for you.!

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Transcript

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0:00.0	Buyers and sellers do not blanketly trust the industry, which has been made very clear the last year.
0:07.0	Now they're like, you know what? I think we're also just going to sue you.
0:12.0	We are a tiny little pool and a giant group of people who I am sometimes embarrassed to associate with.
0:23.2	I want to work hard and be compensated accordingly.
0:27.7	And if it is hard, you're at the right place.
0:31.7	We can help you.
0:32.9	We are here to help you get there.
0:36.1	Hi, y'all.
0:37.0	Welcome to Hustle Humbly.
0:38.1	It's Alyssa and Katie, and we are two top-producing realtors in the Baton Rouge market.
0:42.1	We work for two different companies where we should be competitors, but we have chosen
0:45.5	community over competition.
0:47.1	The goal of our podcast is to encourage you to find your own way in business.
0:50.8	So stop comparing yourself and start embracing your strengths.
0:54.6	Hi, Alyssa. Hey, Katie. Welcome back. Yeah. It's episode 233. We were on such a role talking about
1:02.8	buyer brokerage agreements that we're going to talk today about, I guess, listing agreements.
1:10.7	Yeah, presenting listing compensation.
1:14.7	We have not yet come up with the title for this episode.
1:18.6	Very loose working title. Talking to sellers about money. How you get paid, the seller edition.
1:26.0	Yes. Like, how do I get paid, buyers? How do I get paid the seller edition. Yes. Like, how do I get paid?
1:29.0	Buyers.
1:29.6	How do I get paid?
	...

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