Having half a dozen large franchisors control the bulk of the business in Brisbane
creates a cartel where the commissions are held at artificially high levels . More so at the top end of sales. Agents should be made work off a set fee or hourly rate .People selling properties of over $500.000 pay TOOOOOOOOOOOOO much.
While the total number of franchises increases the number of major franchisors stays the same and their power to control the market becomes stronger. Independent agents don't mind this at all. Makes their job easier.
The number of agents in Australia is over supplied by 90%. Put them on a set fee and watch 90% of them disappear overnight. The industry is a dinosaur
creates a cartel where the commissions are held at artificially high levels . More so at the top end of sales. Agents should be made work off a set fee or hourly rate .People selling properties of over $500.000 pay TOOOOOOOOOOOOO much.
While the total number of franchises increases the number of major franchisors stays the same and their power to control the market becomes stronger. Independent agents don't mind this at all. Makes their job easier.
The number of agents in Australia is over supplied by 90%. Put them on a set fee and watch 90% of them disappear overnight. The industry is a dinosaur