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For Real Estate
The For Real Estate podcast is for buyers, sellers, investors, and industry professionals in the Southern Maine real estate market. I'm Nova Tower, your host and realtor at Waypoint Brokers Collective. I am a licensed realtor in Maine and I specialize in residential real estate including single family homes, condos, and multi-unit properties. I've also been investing in Maine real estate a decade. I love my clients. And I love talking about real estate. For Real Estate Podcast is my outlet to share everything I know and care about in real estate in the Greater Portland Maine area. I will also be interviewing a wide variety of other voices on the show. This podcast is intended to be educational and holistic. Please get in touch with me if you have thoughts to contribute, if you would like to be interviewed, or if you're a buyer, seller, or investor in the Greater Portland area and you have real estate questions! Email me at Nova@WaypointBrokers.com. To track what I'm up to or to send me an easy message, find me on instagram @ForRealEstatePodcast. For a fuller bio, find me on the Waypoint Brokers Collective website. And of course don't forget to subscribe where ever you listen to podcasts! Thanks for listening!
For Real Estate
Demystifying Commission Practices in Real Estate Transactions
Thoughts about the recent real estate commission lawsuits. In real estate transactions, there's a lot of adversarial language. It's buyer versus seller and agents negotiating against each other and winning and losing, etc. No wonder we've come to a place where sellers come out and say, "wait a minute, why am I paying a commission for the other side to have representation?" I get that frustration.
So, let's talk about it. In today's episode I present a viewpoint that illustrates why saying "sellers pay commission at closing" is a narrow way to think of what's going on with commissions. I want to give a more holistic perspective on the cooperative nature of real estate practices (counter to the typical adversarial language that we often hear). Let's talk about how these practices are to the benefit of buyers AND sellers, and further how they protect and promote equity and balance in the marketplace.