Should 6% Still Be Charged to Sellers?

[Account Closed]

As a real estate agent, I have seen a push in full-service reduced listings for homeowners and investors looking to sell homes. For example, this would be decreasing the standard 6% fee to sellers to around 4%.

What are your thoughts? Should agents decrease buyer/seller agent commission percentages OR should they remain the same?

[Charlie MacPherson]

Former Realtor here.  Something that your training classes and broker should have pounded into your head is that there is no such thing as a "standard commission", nor should you ever utter those words. 

In my RE classes, we were instructed that if we were ever in a situation with other RE agents and a discussion  of commissions came up, we were to loudly excuse ourselves from the conversation in order to avoid charges of price fixing.

If you are worth your salt, stick to your commissions.  It's hard enough to make a living as an agent without lowballing your own income.