Does Purplebricks cooperate with other REALTORS®?
Purplebricks is proud to cooperate with REALTORS® from other brokerages. Just because we charge a low fee for our services instead of a percentage based on the value of the home, doesn’t mean we think buyer's agents shouldn’t be paid. This is a big misconception about Purplebricks.
Many of our REALTORS® worked at other brokerages prior to joining the Purplebricks team, so they know how important cooperating commissions can be to an agent’s livelihood. Plus, we know that offering a cooperating commission helps get buyers through the door, so we encourage our sellers to offer a competitive commission for their area. Your Purplebricks REALTOR® will review what other sellers in the neighbourhood are offering and help build a winning strategy for the sale of your home.
That being said, we allow our home sellers to decide if they want to offer cooperating commission or not. Just like in any seller-agent relationship, whether it's with Purplebricks or not, the seller can make the final decision about the commission they'll offer.
Cooperating commissions are a common part of the industry, which we're up-front about. When we advertise commission savings in our marketing, all savings are calculated to include any cooperating commission that may have been paid by the seller. Therefore, all the savings figures you see on our Testimonials page, featuring over 9,600 testimonials, take buyer’s agent commissions into account. We're honest about the savings we provide home sellers – no “smoke and mirrors” here!