A Tale of Two Professions

Are Realtors Underpaid??

Consider the following parallels between these two groups of professionals:

--Both groups include highly skilled, highly trained individuals;

--Both are known to tackle cases with long odds and a high risk of failure;

--Notwithstanding the aforementioned risks, both get paid only if their client gets paid. If their client walks away empty-handed . . . so do they.

--Both can toil for months -- if not years -- on behalf of their clients, investing hundreds of hours of their time, and incurring thousands in out-of-pocket expenses, before they see a dime of compensation.

So who are these two groups?

Plaintiff's attorneys bringing class action suits -- and Realtors! (specifically, listing agents representing Sellers).

Unlike the former, whose contingency fees typically range from 25% to 33%, full-service Realtors typically charge a 6% - 7% commission. Which they proceed to split four ways (with their broker, the Selling agent (representing the Buyer), and the Selling agent's broker).

Realtors . . . one of the great bargains left!