

3,304,757
I have not. The tide will turn and they will be begging real estate agents to bring their clients and pay us to do so!
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Jeff Masich-Scottsdale...
Scottsdale, AZ
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John Juarez
Fremont, CA
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Ron and Alexandra Seigel
Carpinteria, CA
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Ryan Huggins - Thousan...
Thousand Oaks, CA
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Kathleen Daniels, Prob...
San Jose, CA
5,101,699
Happened in Palm City Florida in the early 90's. When the market changed, the builder was in a lurch. Agents were avoiding them and the project languished an extra couple of years. The coop was raised to 5 percent to get Realtors back. What goes around comes around.
In parts of Florida builders are limiting the amunt of contracts at a develpment per month and some have lowered the coop fee.
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John Juarez
Fremont, CA
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Ron and Alexandra Seigel
Carpinteria, CA
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Kathleen Daniels, Prob...
San Jose, CA
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Lyn Sims
Schaumburg, IL
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Fred Griffin Florida R...
Tallahassee, FL
5,813,918
Builders have dropped commission to next to nothing in the Denver metro area.
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Jeff Masich-Scottsdale...
Scottsdale, AZ
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John Juarez
Fremont, CA
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Ron and Alexandra Seigel
Carpinteria, CA
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Tony Lewis
Valencia, CA
2,362,405
No, not here.
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John Juarez
Fremont, CA
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Ron and Alexandra Seigel
Carpinteria, CA
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Kathleen Daniels, Prob...
San Jose, CA
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Lyn Sims
Schaumburg, IL
1,488,392
That's precisely why they're changing Tony. In hot markets, they don't need us. When the market cools off, then they're our best friends. There's a new development out in Simi where they haven't even decided if they will or won't yet, but they've pulled co-op from other developments recently so I'm not expecting them to. Meanwhile, we're still looking at "gently loved" homes.
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John Juarez
Fremont, CA
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Ron and Alexandra Seigel
Carpinteria, CA
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Kathleen Daniels, Prob...
San Jose, CA
7,672,802
Thanks for telling us about this change.
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John Juarez
Fremont, CA
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Ron and Alexandra Seigel
Carpinteria, CA
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Kathleen Daniels, Prob...
San Jose, CA
3,149,007
So have your buyer pay you. It comes and goes in cycles. Haven't seen it here yet this go round.
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Jeff Masich-Scottsdale...
Scottsdale, AZ
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John Juarez
Fremont, CA
5,772,193
No, and we do not have new builds. A
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John Juarez
Fremont, CA
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Ron and Alexandra Seigel
Carpinteria, CA
4,987,308
The new build communities I have visited or called in my area are still co-oping with Realtors, although I do know one that is not.
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John Juarez
Fremont, CA
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Ron and Alexandra Seigel
Carpinteria, CA
1,371,839
I have one going through with Lennar, one of last before they terminated their relationships with Realtors. Sad, as we bring them buyers that would not have heard of their developments otherwise.
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Joan Cox
Denver, CO
4,811,227
They are at the point they do not need Realtor but if 2009 happen again they will.
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Jeff Masich-Scottsdale...
Scottsdale, AZ
1,253,588
In the past, builders showed their disdain for agents by not paying a referral fee when the market was hot and inventory low. I have not seen that in our market but I have not really been involved in many new builds lately.
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Joan Cox
Denver, CO
2,761,582
The in-house crew is proably on fire with sales. No co-op necessary
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John Juarez
Fremont, CA
1,828,895
No I have not. They are still sending specs & community info to us every week. I think some of these builders still remember the leaner times.
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Ron and Alexandra Seigel
Carpinteria, CA
1,008,047
850,251
Yep. Commissions are dropping for new home sales and some are openly hostile to buyer agents.
6,261,512
Unfortunate when this happens, make sure you protect your commission with a buyers agency agreement.