Albany NY Realtor commissions shouldn't be paid on repair concessions

The economic outlook is fairly bleak. Job layoffs, Christmas sales are down, homes sales for November fell in the ballpark of 39% over 2007. I understand that many Realtors need every last dollar in this market. However, Realtor commissions SHOULD NEVER BE FIGURED ON REPAIR CONCESSIONS in my opinion. I had an agent today at one of my closings submit a bill that figured her fee on a sale price that included a repair concession. I should say this is the same agent that lost a file and called me a week ago looking for a copy of an the executed contract so she could submit her bill and get paid. I represented the owner. We gave a repair concession to the buyer of about $2,000 for various structural issues with the property. This is $2,000 my seller will never see and is essentially a reduction of the sales price. Why would you charge a commission on this money? I have seen this done many, many times and I totally disagree with this practice. Sure times are tight but Realtors shouldn't nickel and dime sellers in this market. It is practices like this that give Realtors a bad name in my opinion. My promise to you. I will never nickel and dime you by charging a commission on repair concession money that you never see as a seller! Also of note is an email I received from the same agent stressing how important doing the right thing for her clients is. This had nothing to do with working in the best interest of her client. It only had to do with trying to squeeze every last penny out of her commission. It amazes me that this practice is even legal in New York. Have questions? Visit me online at Albany NY Real Estate