ARDELL DellaLoggia

Who gets the commission?

12-28-06

One of the most important issues a consumer needs to know, is what the commission is and who is the end recipient of that commission.

All to often agents lead the consumer to believe that they only get half and the Broker gets half, which is generally not the truth. They don't really "lie". They just choose their words carefully. They say something like "What consumers don't understand is that many times an agent has to pay the Broker 50% of the commission". The consumer says "Oh" and then the agent changes the subject.

So they really didn't SAY they only get to keep 50%...but the perception was created and left there.

Ask your agent to calculate the exact commission on a hypothetical sale purchase price and to show you how in THAT AGENT's CASE the commission is broken down. In my case, I get 90% of it. If the agent is being honest, you won't like see the agent only getting 50% of it. If the agent IS only getting to keep 50% of it, then they would have to be very, very new at selling real estate. The only time I only received half of it, was my first year in the business, sixteen year's ago.

The longer an agent is in the business and the more real estate the agent sells, the more of the commission the agent gets to keep. So either the agent is getting more than 50% or the agent is newer in the business...very new. Very few Broker Models in the Seattle Area end up with the Broker getting 50% of the real estate commission that you, the consumer, pays. Be wary of agents who tell you otherwise.

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ARDELL DellaLoggia
Sound Realty

ARDELL DellaLoggia: Real Estate Agent in Seattle, WA

Office: (206) 696-3493

Mobile: (206) 910-1000
Secondary: (206) 910-1000

Real Estate related posts focusing on the Seattle Area including Bellevue, Redmond, Kirkland, Green Lake, North Seattle and around Lake Washington to the Eastside aka either side of the 520 bridge.

testimonials

"Ardell and Kim are outstanding real estate agents, and have gone above and beyond in getting us our dream location.

Our search took several months but they never lost patience and were always following up with good advice and good information. They were with us in the entire process, being there for us at short notice to look at properties, helping and educating us on various pros cons, giving us lots of advice throughout the process, and helping us make good decisions.

Above all, they have very high integrity. They were not afraid to turn us away from many, many properties even though they had a commission to lose at each point. They were more concerned that we get the right property for us at the right price. That is admirable indeed.

In addition, Ardell and Kim have an enormous amount of experience, both in evaluating properties, as well as evaluating buyers, sellers, and the 'other' agent. You only need to look once at Ardell's Blog and you will know they are super-smart.

In short, they rock!!"

Ganesh & Kala (Google)

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"Ardell and Kim are patient and trusted advisors, and we wouldn't think of making a real estate decision without them. We found their expertise to be reassuring and their transparency to be refreshing.

After being burned by an agent in the past we were skeptical about the value that agents could offer, but the level of knowledge, professionalism, ethics, and client dedication that Ardell and Kim brought to the table far surpassed our expectations. We recommend them highly."

-Erik & Chris

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"...I found Ardell. Full disclosure - we're working with her now. I'll tell you this, she walks the freaking walk..."

"Polly"

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"Is it real you ask? I keep pinching my arm just to verify and although I'm still not fully convinced, I'm pretty sure it's real... I went from discouraged internet home seeker to proud home owner in 2 and a half days. Couldn't have done it without you Ardell.

Thank you so much."

"Jack" - As Good As It Gets

Seattle Area Real Estate

If you are relocating to Seattle, see the link below for an ongoing discussion that has lasted for about two years between Seattle Area residents, agents and people moving to Seattle. You may find your questions and answers addressed there by others over that time. It is clearly one of the best sources of info for people thinking about Moving to Seattle that is available on the internet.

Top 10 Things You Should Know Before Moving to Seattle, Seatttle and Seatle

http://www.raincityguide.com/2006/03/07/10-things-you-should-know-before-moving-to-seattle/

Remember, the info is in the comments, not just the post itself.

The majority of my clients already live here and are both selling and buying in the area. Many are selling in Seattle or Edmonds or Shoreline or most any part of North Seattle through Mt. Baker and Leschi (I do very little if any real estate in West Seattle), and are moving to the Eastside and often to Kirkland, Bellevue or Redmond, but sometimes Kenmore and Bothell in the Northshore School District. Lake Washington Schools and Northshore Schools being my primary focus on the Eastside. Kirkland is annexing, or expected to annex, some areas toward and to Kenmore. So the Juanita and Finn Hill markets are interesting and more affordable at times. The new (not there yet) Totem Lake Mall will also be an interesting development as will be the revamping of the area near Overlake Hospital and Microsoft.

I have assisted buyers in the purchases on the Seattle side, but those clients were very internet savvy and did a lot of the looking on the internet and did drive bys as well. Rarely do my clients want "tours" of homes except on a first time out. Mostly we target homes to see via the internet and jump up and meet at only the best homes. Buying a home and the home search process has gone way beyond looking at what is "for sale". Often it involves the home listed 30 minutes ago and finding property that is not for sale. Life has changed and me and my clients run at the top fo the ridge in that regard. No old fashioned real estate except for my "having their back" part.

Should You Buy a Short Sale?

For Those Who Like Bullet Points

Seattle Real Estate is broken down into North Seattle, Downtown and everything else. Then by neighborhood such as Green Lake, Fremont, Capitol Hill, Leschi, Mt. Baker, etc. A good resource is The Newcomer's Handbook for Moving To and Living In Seattle, which defines these neighborhoods really well. In fact you will likely know more about the neighborhood than the people who live there if you have this book :)

http://www.amazon.com/Newcomers-Handbook-Moving-Seattle-Handbooks/dp/0912301732

Seattle Real Estate is not all about Seattle. You will hear The Eastside as much as you will hear about Seattle. In fact it is more about the Bridges over Lake Washington which are floating bridges. The housing on either side of the 520 Bridge will deserve the same consideration. For those who work further south, then the I-90 corridor and housing on either side of the I-90 Bridge is more important. Because of all the water here, where you work plays an important role in where you live.
The Eastside is mostly about Bellevue, Microsoft, Redmond, Kirkland, Issaquah, Sammamish and Lake Washington and Lake Sammamish and lots of other stuff of local interest moreso than Seattle stuff. Eastside people are less likely to be the ones walking around Green Lake. People who like Crossroads tend to hate Belle Square and Kirkland is defined as NOT BELLEVUE LOL!!! Lots of variety. But you need to know "Who You Are" before buying property as lifestyle is drastically adjusted depending on where you live in the Seattle Area.
On The Eastside a townhome is a condo. In Seattle a townhome is a Single Family Home. Click here for a bit more about that, or email me direct.

Want to know how the Seattle Real Estate Market is Doing? Want to know how your neighborhood in Bellevue is doing, like Tam O'Shanter? Want to know how Kirkland Condos are doing or Kirkland Real Estate East of Market, West of Market or Juanita or Finn Hill. Easy, just ask and you can remain anonymous. The best place to ask questions is my newest blog site AskArdell.com Important, I do not capture email addresses or contact you if you comment on my blog or RCG. I do not have a big net :) If you want me to contact you, you have to email me at Ardell@RainCityGuide.com You call the shots on that. I do not use blogging as a means to capture you simply because you provided an email address to comment. That would be dirty pool in my book. So feel free to comment, use a fake name, etc. But you don't need to use a fake email address, as I am not going to contact you unless you ask me to.

Sunday Night Stats for King County Washington

http://www.raincityguide.com/tag/sunday-night-stats/

Neighborhood Stats, this one is for Tam O'Shanter in Bellevue, but by special request I will do any neighborhood that I work in as "my service area". Just ask on this blog post and I will get the current info for any neighborhood by request.

http://www.raincityguide.com/2008/03/01/tam-oshanter-in-bellevue/

My blog is a place where I can write anything I want, but I don't notice comments there as well. So ask on the http://www.raincityguide.com/ site on one of my posts for quick response. My blog is a good source of more detailed market stats for those who like to Track the Seattle Area Real Estate Market beyond the Sunday Night King County version above. I try to keep them all in one category and the stats go back to 2005 and maybe even 2004.

http://www.realtown.com/Ardell/blog/tracking-the-market

ARDELL DellaLoggia - Seattle Area Real Estate - For all of your real estate needs. If you just want to talk about the market without being obligated to buy or sell real estate just because you spoke with an agent...just comment anonymously on my blogs here and there as noted above.