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For contrast, in the UK we typically don't use buyer brokers at all. Normally the seller pays about 1% to their agent.
by cjg 3y ago
For contrast, in the UK we typically don't use buyer brokers at all. Normally the seller pays about 1% to their agent.
- naveen99 3y agoProbably because you pay the state the other 6% as stamp duty who is the true broker.
- sharemywin 3y agothere are bunch off settlement fees that go to the government in the US also.
- hiatus 3y agoNothing close to 6% of the purchase price though.
- twic 3y agoIn what sense is the state "the true broker"?