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A comment on A Former Amazon Worker Was Put a Performance Plan; Lost a Deposit on a House. Parent comment

Re:A Former Amazon Worker Was Put a Performance Plan; Lost a... by j7ake on Monday October 09, 2023 @03:16AM (#37817853)
Just lawyer and closing costs of a house can be 2 percent of the house. Do this two or three times (one to buy new, one to sell, and one final to buy the downgrade) is easily 6 percent of a house.

So the house needs to go up 6 percent just to break even in the most ideal scenario.

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Re:A Former Amazon Worker Was Put a Performance Plan; Lost a... by thfuran on Monday October 09, 2023 @03:45AM (#37818012)
Typical transaction costs for a sale with agents are 6% before closing costs.
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Re:A Former Amazon Worker Was Put a Performance Plan; Lost a... by delfinom on Monday October 09, 2023 @12:10PM (#37821865)
Meh, the lawyers I've dealt with for real estate only charge between $1.5k-$3k per transaction since it's largely all boilerplate review for them that they do a lot.

It's the real estate agent that take a 6% cut. Lol

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