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Farm Building and Infrastructure
Rural Diversification
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<blockquote data-quote="Goweresque" data-source="post: 6644907" data-attributes="member: 818"><p>Thats not necessarily true. An agent just wants deals done, not the best price on any given one. If you're on (say) 1% of the deal, are you actually going to push too hard to get the client £10m when getting £8m is easier and you can push on to your next deal sooner? If you can guarantee yourself a £80k win today, are you going to do a lot of work and maybe wait however much longer to try and get £100k? When the time spent doing that could be spent working on the next new deal which you can get another easy £80k win on?</p><p></p><p>Agents want turnover. They don't want deals that sit there for years because they're trying to get top dollar out of the developers, because unsigned deals equals no commission. Hence an agent will always have an incentive to advise his client to settle for second or even third best price now over the possibility of a better price in X years time, because time is money.</p></blockquote><p></p>
[QUOTE="Goweresque, post: 6644907, member: 818"] Thats not necessarily true. An agent just wants deals done, not the best price on any given one. If you're on (say) 1% of the deal, are you actually going to push too hard to get the client £10m when getting £8m is easier and you can push on to your next deal sooner? If you can guarantee yourself a £80k win today, are you going to do a lot of work and maybe wait however much longer to try and get £100k? When the time spent doing that could be spent working on the next new deal which you can get another easy £80k win on? Agents want turnover. They don't want deals that sit there for years because they're trying to get top dollar out of the developers, because unsigned deals equals no commission. Hence an agent will always have an incentive to advise his client to settle for second or even third best price now over the possibility of a better price in X years time, because time is money. [/QUOTE]
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