Sunday, October 15, 2006

Realtors with a difference

A small Austin real estate company is trying to change the way things are run in the real estate business. Alcan Properties is offering 1.5% rebates to buyers and sellers who deal with them. The usual 6% rate is normally divided equally between the buyer's and the seller's agent and Alcan Properties is offering half of its share of commission to reduce the burden on clients.

2 comments:

Anonymous said...

This is a brilliant idea. These guys are going to make a ton of cash. Finally, somebody gets it.

Shalini said...

I agree, it's such as waste to pay commission to two agents. Wish some agents closer to home pick up on this system too.