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This is why, when selling, its better to use a la cart brokers. You pay a set fee to MLS your place, and set fees for other things. You still need to pay a co
by tomohawk 8y ago
This is why, when selling, its better to use a la cart brokers. You pay a set fee to MLS your place, and set fees for other things. You still need to pay a commission to the buyer broker/agent, otherwise they won't show your place. So, 2.5% or 3%.
Traditionally, the commission paid was 5% (split 4 ways), but some markets that got as high as 7%. I once had an agent explain to me (who was bad at math) that this was due to inflation.
- lotsofpulp 8y agoYeah, I’ve had supposedly educated people try to tell me they tip 20%+ for standard waiter service instead of 15% due to inflation. Some work in finance. And sometimes on tip on the tax too. Crazy times we live in.
- lsiebert 8y agoThe real value of wages for waiters has decreased significantly because of inflation. Though that's not really inflation's fault as much as a lack of meaningful wage increases.
- deleted 8y ago[deleted]
- jacobolus 8y agoIf your buddies work in finance, they should tip as much as they want (50%? Why not?). The poor restaurant workers need the money a whole lot more than they do. The financial services industry has been skimming gajillions of dollars off the whole economy. Might as well pay at least some of it back to folks doing honest work.
- kemiller 8y agoIt’s more like the general cost of living, especially housing, has risen faster than the price of a restaurant meal.