PHOTO: Revolutionary Real Estate
One flat-fee aficionado has taken a swing at traditional agents, attacking the industry’s current commission structure, saying that it is commensurate with neither effort, expertise nor skill and instead over-rewards incompetent agents while punishing vendors.
David Kaity, associate director of Brisbane-based property marketing strategist firm Revolutionary Real Estate, is calling for the current structure of real estate commissions to be completely abolished in Australia.
He gives three reasons why he believes commissions are unethical and immoral and should never be charged or paid.
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