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Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Paul, That is about right and some even change an admin fee on top.

Troy, That is true but if it takes away from other more propfitable business maybe not.

Debbie, I can see your part of CO is more rural and not much or any corporate relo. It is more costly than REO business.

Mar 05, 2015 11:51 AM
William Feela
Realtor, Whispering Pines Realty 651-674-5999 No.

If I was not busy, 1/2 is beter than nothing, but if it takes away from higher paying

Mar 06, 2015 03:33 AM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy


We have always discouraged our clients from doing that.  It is time consuming and the relo companies kept bugging them every other minute, and their commission was reduced to next to nothing.  A

Mar 05, 2015 03:12 PM
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Not worth it to me, I can find my own business.

Nov 30, 2019 06:52 AM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

It is surely not worth, Debbie!

Jul 14, 2018 11:17 PM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I have stopped working for relo companies.

May 25, 2018 05:47 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Debbie, I have started to cut back on this kind of business if they ask for more than 35%, unless it's a past client who specifically requested I work with them on the sale of a home I sold them. And a lot also depends on the size of the transaction. Giving away 40-45% of my commission on a $200,000 sale is just not worth it.

Mar 06, 2015 09:28 PM
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hi Debbie -- it's definitely an important part of some agents book of business but it certainly needs to be monitored.   The fees, times involved and lack of truly qualified leads can make it a very unprofitable venture.   

Mar 06, 2015 05:39 AM
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

I have on occasion done relocation but it is a rare thing. I am not personally against it but my business is very brisk and taking the time and paying out the fee is not worth it for me. 

Mar 06, 2015 01:52 AM
Tracy Lee Parker
RE/MAX DFW Associates - Royse City, TX

I recently accepted 2 relo's for 30% fee. They had 1 week to buy a home while they visited my area. I thought spending 3 full days with them was not bad vs spending months with a buyer.  Since we have low pre-owned homes inventory they both bought new construction and I received a bonus on one so it covered some of the referral fees!

One of them already told me she wants to sell and move closer to where her daughter bought. They also have referred  me! I would do it again! 

Mar 05, 2015 11:11 PM
Jeanne Gregory
RE/MAX Southwest - Sugar Land, TX
The most important home I sell is YOURS!

I built a lot of my business on relocation, but most of it was done back when the referral fees were 25%.  The last relo I received wanted 41%.  Nope, sorry, not having a half-price sale. 

Mar 05, 2015 10:32 PM
Jonathan Hall
William Pitt Sotheby's International Realty - Danbury, CT
Realtor - Danbury,CT Area Real Estate~203-417-0523

Some agents in my market  have made their career off of relocation companies.

Mar 05, 2015 10:15 PM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

It depends on how much they charge and the housing market at that time.

Mar 05, 2015 09:29 PM
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

Agents have to start somewhere.

But let's not limit gouging to relocaton companies.

Some of you have called with referrals that were declined becuase you were greedy.

Let us not look to far beyond what some brokers and team leaders do. Yes, it's gouging.

Is this not part of the business we signed up for? At every turn, everyone is compelling extrodinary fees from real estate professionals. 

Fortuneately, we do have the liberty to choose the business we want and leave this arena to the newbies who do not have the same choice liberties.

Unfortunately, just like nearly half of AR agents can not resist serving the dark side by giving Zillow their money, many others will pay relo companies for the folks the relo has entrapped by providing kickbacks through the company HR department.

It's just business.

Mar 05, 2015 09:16 PM
Dianne Goode
Raleigh Cary Realty - Raleigh, NC

Hi Debbie.  I did a lot of them in my early years, but I didn't have clients of my own then.   I got some great clients that are still in my Garden years later.  I wouldn't be interested today.  High maintenance and low return .. not an attractive formula.

Mar 05, 2015 08:57 PM
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

Debbie, I think the short term pay is not a lot just like already pointed out.  However, there could be a long term reward especially when working with relocation buyers.  These buyers may turn into sellers again one day and hopefully, you will be their listing agent.  So this may be a good way for someone to build and add to their customer base. 

Mar 05, 2015 08:26 PM
Sham Reddy CRS
Howard Hanna RE Services, Dayton, OH - Dayton, OH

Anythings more than a normal 25% is gouging!!! And I don't encourage gouging!!!


Mar 05, 2015 07:40 PM
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Real Estate Agents - Luxury - Divorce

If you can leverage the listings to get other listings or more buyers, the one you sacrificed the commission for is not soooo bad.

Mar 05, 2015 07:32 PM
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

We've never worked with any. We have been approached by a few, but we were too busy with our own clients. By reading all the above...we have enough going on without their leads...

Mar 05, 2015 06:41 PM
John Novak
Keller Williams Realty The Marketplace - Las Vegas, NV
Henderson, Las Vegas and Summerlin Real Estate

When considering "making less than half" we need to look at what we would be doing with that time if we didn't accept the relo client. If it's non-revenue producing, then it's a question of making 'something' vs. nothing. And you never know ... that client may be a great source of future 'full-price' business.

Mar 05, 2015 02:06 PM
Evelyn Johnston
Friends & Neighbors Real Estate - Elkhart, IN
The People You Know, Like and Trust!

If that is the only business you are doing it probably would be nice to have, no matter the commission, however, I am not interested in cutting my commission.

Mar 05, 2015 12:30 PM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Cheryl, They want the best agents to serve their clients and they expect over the top service which we should give all our clients.

Mar 05, 2015 12:27 PM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Noah, I can understand that . Especially if you have enough business without it. 

Mar 05, 2015 12:26 PM
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

I did it a couple of times and won't again Debbie. It is a rip. You are almost cutting your pay check in half. I do not think it is fair.

Mar 05, 2015 12:21 PM
Cheryl Ritchie
RE/MAX Leading Edge - Huntingtown, MD
Southern Maryland 301-980-7566

It is a business decision. Would they work for as much of a pay cut as the terms outlined position us? 


Mar 05, 2015 12:12 PM
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

My last RE company had a exclusive with a well known national company that required 45% of my commission before the split OUCH! I would rather deal agent to agent for my referral clients!

Mar 05, 2015 11:45 AM
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Debbie - Well I have never worked with any, but I would imagine if you needed the business part of something is better than part of nothing.

Mar 05, 2015 11:40 AM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

We don't see much activity from relocation sales out here. I've never done them, but I have heard of the high referral fees they charge. I don't think I would do it. 

Mar 05, 2015 11:21 AM