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Why would you say "lose 6-12%"? The first 6 is normal real estate fee. Above that it's a normal arbitrage of house flipping (buyer thinks can spiff it up and se
by pbreit 10y ago
Why would you say "lose 6-12%"? The first 6 is normal real estate fee. Above that it's a normal arbitrage of house flipping (buyer thinks can spiff it up and sell it for more a short time later).
- brianwawok 10y agoNot everyone pays 6, You can get 5 or lower depending on your market.
- jdross 10y agoNat'l avg is 5.5% and trending up. In most tier 2 markets, the vast majority pay 6%.
- brianwawok 10y agoRedfin is 4.5 for example https://www.redfin.com/sell-a-home/how-you-save https://www.redfin.com/sell-a-home/how-you-save
- CN7R 10y agoYeah, 6% for a normal real estate fee is still high IMO.