How iREC Is Paid
Robert Williams’ advice is free to property sellers and buyers. Here’s exactly how iREC is paid, so you know who benefits from what before you decide anything.
The short version
- Our advice costs you nothing.
- iREC is only paid if you choose to list with, or hire, one of the agents you’re introduced to. If you don’t, there’s no fee.
- The fee is the same whichever agent you choose.
- The fee doesn’t change what you pay the agent.
How the referral fee works
When a seller lists with an agent Robert has introduced, or a buyer hires a buyers agent he has introduced, that agent pays iREC a referral fee. It’s the standard industry referral process, and it has worked this way for the 38+ years Robert has been in real estate. The fee is paid by the agent, and you pay nothing extra for it.
Why it doesn’t affect which agents Robert recommends
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The fee is the same for every agent. No agent is more profitable to recommend than another, so there’s no reason to steer you towards one.
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Agents can’t pay to be on a list. iREC doesn’t keep a set list of agents, and agents can’t subscribe to iREC. Robert recommends the agents he believes are best for your property and area.
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You choose. Robert usually introduces three agents, not one, so you can compare their individual opinions and see who you feel will achieve the best result. Robert’s guidance, your choice.
What this means for the commission you pay
The referral fee doesn’t change what you pay. Sellers agree their commission with the agent they choose, and buyers agree their fee with the buyers agent they choose. Robert will help you negotiate either.
What costs money
Home selling advice and buyers agent advice are free to you. Negotiation is different. Robert’s Property Negotiation Service is a paid service: fees apply, and Robert will confirm the cost before you commit. Buyers use it to negotiate with the selling agent, and sellers can use it to have Robert deal with their agent on their behalf during negotiations. It is separate from the referral process above, and Robert is paid by you, not by an agent.
Frequently Asked Questions
Does iREC charge me anything?
Not for home selling advice or buyers agent advice. Negotiation is the one paid service, and Robert will confirm the cost before you commit.
Do agents pay to be recommended?
No. Agents can’t subscribe to iREC, and there’s no set list of agents. The referral fee is only paid if a seller lists with an agent they were introduced to.
What if I don’t list with, or hire, any of the agents?
You owe nothing, and iREC isn’t paid.
Will I pay more because of the fee?
No. The fee doesn’t change what you pay the agent.
Why does Robert usually suggest three agents?
So you can compare their individual opinions and see who you feel will achieve the best result. Robert’s guidance, your choice.
Want Robert’s View on Your Situation?
Whether you’ve been quoted a commission, you’re comparing agents, or you’re not sure where to start, Robert will give you an independent opinion at no cost.
Or call, text or email Robert direct
Call Robert 0458 314946 Text Robert 0458 314946
Phone 1300 886359
Email Robert robert@irec.com.au
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