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Looking around it seems that most houses here are sold with a 5% realtor fee. This means that the seller immediately bumps up their price by 5%, because they h
by WirelessGigabit 3y ago
Looking around it seems that most houses here are sold with a 5% realtor fee.
This means that the seller immediately bumps up their price by 5%, because they have an idea in mind of with how much money they want to walk away with.
And then there is the issue of when a buyer choses not to use an agent, which makes the seller's agent pocket the WHOLE commission. It's not that the seller only pays 2.5%. It's not that the buyer get's the 50% of the commission.
The only person who is eligible for the other part of the commission is someone who is part of the same cult.