4 ms·
You’re right in that the buyer pays the seller so the seller pays the agents so ultimately the buyer is paying for everything and hoping he will find another bu
by nojvek 3y ago
You’re right in that the buyer pays the seller so the seller pays the agents so ultimately the buyer is paying for everything and hoping he will find another buyer down the lane willing to pay more than 6% of the price he paid to at-least not lose what he put in.
Houses have a huge transaction cost, unlike say trading cost. Yeah the value goes up and down due to supply and demand but the transaction fees are zero at many internet exchanges now.