Re:Almost No One Pays a 6% Real-Estate Commission–Except Ame...
by cgh on Friday November 17, 2023 @11:06AM
(#38305426)
Correct. There’s only one party putting money on the table here. “The seller pays the commission” is real estate agent doublespeak.
[ Parent
| on HN ]
Re:Almost No One Pays a 6% Real-Estate Commission–Except Ame...
by tylersmith on Friday November 17, 2023 @11:33AM
(#38305844)
Money is only one half of a trade. Giving up some value of an asset when trading it is also form of payment.
Re:Almost No One Pays a 6% Real-Estate Commission–Except Ame...
by poulsbohemian on Friday November 17, 2023 @02:06PM
(#38308391)
Um - for years now real estate agents have been specifically told by their lawyers to not use that language, because it's been well-established that it is not true. If you've heard that language from an agent, it's a good sign they were either new to the business or dropping soundbites to sound knowledgable.