A real estate agent has lamented the reluctance of some developers to adhere to the acceptable 5-10 percent commission fee. Speaking in an interview with the Zambian Business Times—ZBT, Maroon Estates Limited Managing Director Kunda Mapamo called on the authorities to take keen interest in monitoring the market trends. “The most challenging is that commission; real estate owners bemoan a commission of 5-10%, and some of them even offer 3.5 percent of the sale, which is unfair for us estate agents.” Mapamo called for fair deals, observing that real estate agents just do one-off deals, and there is a need...
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