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A comment on Zillow CEO: startups trying to disrupt real estate commissions will fail (2012). Parent comment

Re:Zillow CEO: startups trying to disrupt real estate commis... by jonny_eh on Wednesday January 16, 2019 @06:21PM (#18926589)
The going rate is 2.5% to both the selling agent and the buying agent, each.
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Re:Zillow CEO: startups trying to disrupt real estate commis... by imbusy111 on Wednesday January 16, 2019 @06:24PM (#18926623)
Even if we ignore the expenses, that's only $100k/yr in an area where $117k/yr is below poverty line for 4 person family.
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Re:Zillow CEO: startups trying to disrupt real estate commis... by goseeastarwar on Wednesday January 16, 2019 @06:26PM (#18926645)
Where is your 4 homes per year stat coming from? It's extremely low.
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Re:Zillow CEO: startups trying to disrupt real estate commis... by scarface74 on Wednesday January 16, 2019 @07:02PM (#18926956)
Quick search on Zillow shows 12:

https://www.zillow.com/agent-resources/blog/commission-refer...

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Re:Zillow CEO: startups trying to disrupt real estate commis... by KingMachiavelli on Wednesday January 16, 2019 @06:29PM (#18926679)
The key factor is that you don't have to sell houses where you yourself live.
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