We have all become accustomed to agents charging between 5% and 8% of the purchase price of a home to bring the buyers and sellers together.This may all be changing due to the poor performing property market we are currently experiencing.Some agents are hoping to sell more properties by reducing their commission fee.

There have been some agents coming forward to say that they have reduced their commission to under 5%, and have gone so far as to say this is helping their property sales.On top of that there are those agents who are also then giving discount of up to another 1% on that already incredibly low rate.Although there are many who support this move there are many more who disagree with the idea.

Some are saying it may set a dangerous precedent for future sales and other agents who are not willing to lower their commission.Those not willing to reduce their commission have said that anything under 5% would greatly affect their income in a very negative way.

Most experts involved in the debate are advising to not decrease commissions any further and to rather take that step when the market improves and there are more buyers.They add that while the seller may be paying a wonderfully low commission to the agent this may affect the marketing of the property for sale in a very negative manner if there are no more funds available.

So many people are affected when market conditions change for the worse.We tend to focus on the owner of the property because they have the most to lose if things go wrong, but maybe we should spare a thought for the people who make alot of the deals happen.For the most part they rely on us for their income and sometimes have to take drastic measures to make ends meet.Hopefully the market improves soon for all concerned.