Tony Lewis, Summit Real Estate Santa Clarita & Aliso Viejo (Summit Real Estate Group)

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Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

I have not.  The tide will turn and they will be begging real estate agents to bring their clients and pay us to do so! 

Oct 17, 2021 08:26 AM
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Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Happened in Palm City Florida in the early 90's. When the market changed, the builder was in a lurch. Agents were avoiding them and the project languished an extra couple of years. The coop was raised to 5 percent to get Realtors back. What goes around comes around.

In parts of Florida builders are limiting the amunt of contracts at a develpment per month and some have lowered the coop fee.

Oct 17, 2021 04:39 AM
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Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Builders have dropped commission to next to nothing in the Denver metro area.

Oct 17, 2021 06:31 AM
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Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker, eXp Realty - Kalispell, MT
Helping your Montana dreams take root

No, not here.

Oct 17, 2021 06:19 AM
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Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

That's precisely why they're changing Tony.  In hot markets, they don't need us.  When the market cools off, then they're our best friends.  There's a new development out in Simi where they haven't even decided if they will or won't yet, but they've pulled co-op from other developments recently so I'm not expecting them to.  Meanwhile, we're still looking at "gently loved" homes.

Oct 17, 2021 09:06 AM
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Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Thanks for telling us about this change.

Oct 17, 2021 08:14 AM
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Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

So have your buyer pay you.  It comes and goes in cycles.  Haven't seen it here yet this go round.

Oct 17, 2021 11:28 AM
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Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

No, and we do not have new builds.  A

Oct 17, 2021 11:04 AM
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Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

The new build communities I have visited or called in my area are still co-oping with Realtors, although I do know one that is not.

Oct 17, 2021 08:33 AM
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Ken Jones, Commercial Real Estate
Kenneth J. Jones, Inc. - Toms River, NJ

Tony Lewis No. Not in my market area.

Oct 17, 2021 08:11 AM
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Jeff Masich-Scottsdale AZ Associate Broker,MBA,GRI
HomeSmart Real Estate - Scottsdale, AZ
Arizona Homes and Land Group/ Buy or Sell

I have one going through  with Lennar, one of last before they terminated their relationships with Realtors. Sad, as we bring them buyers that would not have heard of their developments otherwise.

Oct 18, 2021 10:40 PM
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Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

They are at the point they do not need Realtor but if 2009 happen again they will.

 

Oct 18, 2021 09:30 AM
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John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

In the past, builders showed their disdain for agents by not paying a referral fee when the market was hot and inventory low. I have not seen that in our market but I have not really been involved in many new builds lately.

Oct 18, 2021 07:02 AM
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Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

The in-house crew is proably on fire with sales. No co-op necessary

Oct 18, 2021 06:18 AM
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Lyn Sims
Schaumburg, IL
Schaumburg Real Estate Agent Retired

No I have not. They are still sending specs & community info to us every week. I think some of these builders still remember the leaner times.

Oct 17, 2021 07:03 AM
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Ritu Desai 703-625-4949
Samson Properties - Ashburn, VA
Northern Virginia,Washington DC & Maryland Realtor

Not in my Northern Virginia area. Infact they are offering a flat $$$ 

Oct 19, 2021 07:13 AM
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Peter den Boer
Atlanta Communities - Woodstock, GA
MBA,GRI, Associate Broker, Realtor

Yep. Commissions are dropping for new home sales and some are openly hostile to buyer agents.

Oct 19, 2021 06:22 AM
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Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Unfortunate when this happens, make sure you protect your commission with a buyers agency agreement.

Oct 18, 2021 08:03 PM