3 ms·

I wasn't aware of them -- but yes, it is. 0.25% in fees is kind of rich for a pure passthrough service, though.

• easytiger 11y ago
  anything charged as a percentage is a scam; and yet many industries are fully based on it (e.g. property). There is no justification in almost all services to charge a percentage where no risk is assumed.
  • pc86 11y ago
    It's about ability to pay. Of course it's extremely unlikely for a realtor to do $30k worth of work to sell a $1 million house. But they're also going to work to sell that $60k house and they will probably put in more than $1,800 worth of their time. Having a flat fee would make it practically impossible for the poor or even lower middle class to sell their homes without having to write a check for the privilege.
    • smileysteve 11y ago
      > But they're also going to work to sell that $60k house and they will probably put in more than $1,800 worth of their time. I find this uncommon. Many cheaper houses (<100k) in Atlanta won't be supported by Zillow. Similarly, cheaper homes will not have many pictures, sometimes just a street view picture. And if you do call a realtor to look at these, they vet you much more thoroughly than a 200-300k house.