The most irritating blog topic on the current front burners is Realtor commissions being questioned. I’ve seen several commercials that have made me think that as a consumer, I should question ALL commissions!
COMMERCIAL ONE: Best Buy has a great campaign where people note “I need a fridge that is energy efficient… even when we’re not” and “I need X, Y and Z features.” You may know what features you want, but you rely on the “specialist” at Best Buy to help you find the perfect appliance. It is without a second thought that we put decisions like that on others. When I shell out those few thousand dollars, all I get is a receipt with the amount- I don’t get to see how much the profit margin is for the manufacturer or for the retailer. Shouldn’t I get to negotiate this? Shouldn’t I have a say in how much I think the profit margin should be on this product and the service of locating this product?
There is no transparency in the appliance industry. But guess what- I don’t care. I feel that if I am confident in the product that met my criteria and it is delivered to my house that day, they deserve their percentage!
COMMERCIAL TWO: Various musicians sing while riding in (or rapping in front of) different Chevrolets. I love the music in the commercial and find myself humming it throughout the day. We’ve all purchased vehicles and done the price negotiation. Have you ever asked a salesperson to waive their commission? Do you even know what their commission was? Did you think for a minute that it should be standard that they earn 1/8% on the transaction? Some car salespeople are greasy, but our salesman is a wonderfully talented man that we will always stick with. More than once, he has guided us through weeks of fickle test driving and endless lists of questions about torque, grades of leather, number of cupholders and financing. It never crossed my mind to offend him by asking how much he was making and if he could do the same sales job Read more