News for hackers. Stuff that matters.

A comment on Why the government took home prices out of its main inflation index. Parent comment

Re:Why the government took home prices out of its main infla... by rnk on Friday May 27, 2022 @11:47AM (#31530972)
Why do you lose 10% selling? 6% for real estate cartel commission I guess. If you are in a hot market you can use redfin or similar low rate companies, don't pay the buyers agent. I'm trying to talk myself into it. No one is doing $60k of work selling your million dollar place.
[ Parent | on HN ]
Re:Why the government took home prices out of its main infla... by loeg on Friday May 27, 2022 @01:17PM (#31532116)
6% to the cartel and another 3-4% in other transaction fees (title fees and insurance, excise tax, etc).
[ Parent | on HN ]