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Re:Almost No One Pays a 6% Real-Estate Commission–Except Ame... by closeparen on Friday November 17, 2023 @11:42AM (#38305998)
My realtor was incredibly helpful with my purchase, even knowing some insider details like this HOA is in litigation or that warehouse is becoming a high rise. I would have gladly paid him the $200-300/hour I pay for other professional services. Given the size of the transaction though, his effective hourly rate was well over $1500.
Re:Almost No One Pays a 6% Real-Estate Commission–Except Ame... by kelnos on Friday November 17, 2023 @12:07PM (#38306426)
And that's the thing. We should be paying realtors by the hour, or some fixed fee unrelated to the eventual purchase price. The link between purchase price and the effort made by the realtor is weak at best, and often completely nonexistent.