Almost No One Pays a 6% Real-Estate Commission–Except Americans

Re:Almost No One Pays a 6% Real-Estate Commission–Except Ame... by Amezarak on Friday November 17, 2023 @09:04AM (#38303681)

Everything you're saying is true to some degree, but I don't think most people would be willing to spend 12k just to be more comfortable, if they understood that's really all they're paying for and understood clearly upfront that's how much they're paying.

It's sort of analogous to the American tax situation - many, many people I've talked to refuse to do their own taxes (even a very simple 100EZ) - or even use software to do it - because they've been convinced culturally that filing taxes is so incredibly complex and if they screw up they're going to be severely punished, so instead they pay an accountant a few hundred bucks to file a 1040EZ and get their tax refund - which they don't really feel because they just take it out of the refund.

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Re:Almost No One Pays a 6% Real-Estate Commission–Except Ame... by cyanydeez on Friday November 17, 2023 @01:18PM (#38307609)

I pay an accountant for the insurance of someone who knows what documents I have and can do whatever s necessary is the event of an audit. if you do have complicated forms, that annual service compounds in value.

I'm sure if I moved up tax brackets, the accountant would start providing specific feedback on minimizing exposure.

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